SEMI vs. SHOC

Last updated Jun 24, 2026

SEMI (Columbia Select Technology ETF) and SHOC (Strive U.S. Semiconductor ETF) are both Semiconductors funds. SEMI is actively managed, while SHOC is passively managed. Over the past 3 years, SEMI returned 28.16%/yr vs 52.16%/yr for SHOC. Their correlation of 0.94 suggests significant overlap in exposure. SEMI charges 0.75%/yr vs 0.40%/yr for SHOC.

Performance

SEMI vs. SHOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Select Technology ETF (SEMI) and Strive U.S. Semiconductor ETF (SHOC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SEMI achieves a 26.33% return, which is significantly lower than SHOC's 68.19% return.

SEMI

• 1D: -4.96%
• 1M: 3.03%
• YTD: 26.33%
• 6M: 25.43%
• 1Y: 54.26%
• 3Y*: 28.16%
• 5Y*: —
• 10Y*: —

SHOC

• 1D: -7.43%
• 1M: 7.16%
• YTD: 68.19%
• 6M: 66.31%
• 1Y: 131.94%
• 3Y*: 52.16%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SEMI vs. SHOC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SEMI Columbia Select Technology ETF	26.33%	24.91%	15.87%	45.37%	-0.38%
SHOC Strive U.S. Semiconductor ETF	68.19%	49.91%	16.74%	61.97%	-1.79%

Correlation

The correlation between SEMI and SHOC is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (All Time) Calculated using the full available price history since Oct 6, 2022	0.94

The correlation between SEMI and SHOC has been stable across timeframes, ranging from 0.89 to 0.94 - a consistent structural relationship.

SEMI vs. SHOC - Sectors Allocation Comparison

Sectors	SEMI	SHOC
Technology	85.5%	100.0%
Communication Services	7.7%	-
Consumer Cyclical	3.7%	-
Financial Services	3.1%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

SEMI vs. SHOC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SEMI

SEMI Risk / Return Rank: 70
SEMI Sharpe Ratio Rank: 71
SEMI Sortino Ratio Rank: 60
SEMI Omega Ratio Rank: 64
SEMI Calmar Ratio Rank: 77
SEMI Martin Ratio Rank: 75

SHOC

SHOC Risk / Return Rank: 93
SHOC Sharpe Ratio Rank: 95
SHOC Sortino Ratio Rank: 88
SHOC Omega Ratio Rank: 89
SHOC Calmar Ratio Rank: 96
SHOC Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SEMI vs. SHOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Select Technology ETF (SEMI) and Strive U.S. Semiconductor ETF (SHOC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SEMI	SHOC	Difference
Sharpe ratio: Return per unit of total volatility	2.19	3.72	-1.53
Sortino ratio: Return per unit of downside risk	2.72	3.82	-1.10
Omega ratio: Gain probability vs. loss probability	1.37	1.53	-0.17
Calmar ratio: Return relative to maximum drawdown	3.78	9.09	-5.31
Martin ratio: Return relative to average drawdown	13.59	31.95	-18.37

SEMI vs. SHOC - Sharpe Ratio Comparison

The current SEMI Sharpe Ratio is 2.19, which is lower than the SHOC Sharpe Ratio of 3.72. The chart below compares the historical Sharpe Ratios of SEMI and SHOC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SEMI vs. SHOC - Drawdown Comparison

The maximum SEMI drawdown since its inception was -33.46%, smaller than the maximum SHOC drawdown of -37.54%. Use the drawdown chart below to compare losses from any high point for SEMI and SHOC.

Drawdown Indicators

	SEMI	SHOC	Difference
Max Drawdown Largest peak-to-trough decline	-33.46%	-37.54%	+4.08%
Max Drawdown (1Y) Largest decline over 1 year	-14.41%	-14.59%	+0.18%
Max Drawdown (3Y) Largest decline over 3 years	-32.93%	-37.54%	+4.61%
Current Drawdown Current decline from peak	-4.96%	-7.43%	+2.47%
Average Drawdown Average peak-to-trough decline	-9.86%	-7.44%	-2.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.01%	4.15%	-0.14%

Volatility

SEMI vs. SHOC - Volatility Comparison

The current volatility for Columbia Select Technology ETF (SEMI) is 12.90%, while Strive U.S. Semiconductor ETF (SHOC) has a volatility of 19.00%. This indicates that SEMI experiences smaller price fluctuations and is considered to be less risky than SHOC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SEMI	SHOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.90%	19.00%	-6.10%
Volatility (6M) Calculated over the trailing 6-month period	20.53%	29.24%	-8.71%
Volatility (1Y) Calculated over the trailing 1-year period	24.91%	35.72%	-10.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.93%	36.06%	-4.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.93%	36.06%	-4.13%

SEMI vs. SHOC - Expense Ratio Comparison

SEMI has a 0.75% expense ratio, which is higher than SHOC's 0.40% expense ratio.

Dividends

SEMI vs. SHOC - Dividend Comparison

SEMI's dividend yield for the trailing twelve months is around 3.55%, more than SHOC's 0.14% yield.

Position	TTM	2025	2024	2023	2022
SEMI Columbia Select Technology ETF	3.55%	4.48%	0.96%	0.87%	0.67%
SHOC Strive U.S. Semiconductor ETF	0.14%	0.23%	0.35%	0.65%	0.24%

Frequently Asked Questions

Can I hold both SEMI and SHOC in my portfolio?

SEMI and SHOC have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SEMI or SHOC?

SHOC has higher volatility (19.00%) compared to SEMI (12.90%). In terms of maximum drawdown, SEMI dropped -33.46% vs SHOC's -37.54%.

Which ETF is better, SEMI or SHOC?

On 3-year performance, SHOC leads with 52.16% vs 28.16% for SEMI. On fees, SHOC is cheaper at 0.40% per year. On volatility, SEMI has been the lower-risk option at 12.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SEMI or SHOC?

Over the 3-year period, SHOC has performed better with a 52.16% return vs 28.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SEMI or SHOC?

SHOC is cheaper with a 0.40% expense ratio, compared with 0.75% for SEMI.

Which ETF pays a higher dividend yield, SEMI or SHOC?

SEMI has the higher dividend yield at 3.55%, compared with 0.14% for SHOC.

What is the main difference between SEMI and SHOC?

They also come from different issuers: Columbia and Strive. Their fees differ too: 0.75% for SEMI and 0.40% for SHOC.

Which has better risk-adjusted returns?

SHOC currently has the higher Sharpe Ratio (3.72 vs 2.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.