SHOC vs. FTWO

Last updated Jul 14, 2026

SHOC (Strive U.S. Semiconductor ETF) and FTWO (Strive Natural Resources and Security ETF) are both exchange-traded funds - SHOC is a Semiconductors fund tracking the Bloomberg US Listed Semiconductors Select Index, while FTWO is a Energy Equities fund tracking the Bloomberg Natural Resources and Security Total Return Index. Both are passively managed. Over the past year, SHOC returned 98.76% vs 19.64% for FTWO. At a 0.46 correlation, their price movements are largely independent. SHOC charges 0.40%/yr vs 0.49%/yr for FTWO.

Performance

SHOC vs. FTWO - Performance Comparison

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

Returns By Period

In the year-to-date period, SHOC achieves a 58.16% return, which is significantly higher than FTWO's 5.69% return.

SHOC

• 1D: -4.19%
• 1M: -5.59%
• 6M: 46.76%
• YTD: 58.16%
• 1Y: 98.76%
• 3Y*: 45.84%
• 5Y*: —
• 10Y*: —

FTWO

• 1D: -0.57%
• 1M: -2.01%
• 6M: -1.08%
• YTD: 5.69%
• 1Y: 19.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SHOC vs. FTWO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SHOC Strive U.S. Semiconductor ETF	58.16%	49.91%	16.74%	14.46%
FTWO Strive Natural Resources and Security ETF	5.69%	43.06%	14.97%	0.75%

Correlation

The correlation between SHOC and FTWO is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Aug 31, 2023	0.46

SHOC vs. FTWO - Sectors Allocation Comparison

Sectors	SHOC	FTWO
Technology	100.0%	-
Basic Materials	-	26.8%
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	1.1%
Energy	-	27.9%
Financial Services	-	-
Healthcare	-	-
Industrials	-	33.1%
Real Estate	-	-
Utilities	-	11.2%

Return for Risk

SHOC vs. FTWO — Risk / Return Rank

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

SHOC

SHOC Risk / Return Rank: 90
SHOC Sharpe Ratio Rank: 93
SHOC Sortino Ratio Rank: 83
SHOC Omega Ratio Rank: 84
SHOC Calmar Ratio Rank: 96
SHOC Martin Ratio Rank: 94

FTWO

FTWO Risk / Return Rank: 34
FTWO Sharpe Ratio Rank: 36
FTWO Sortino Ratio Rank: 35
FTWO Omega Ratio Rank: 33
FTWO Calmar Ratio Rank: 33
FTWO Martin Ratio Rank: 30

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.

SHOC vs. FTWO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive U.S. Semiconductor ETF (SHOC) and Strive Natural Resources and Security ETF (FTWO). 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.

	SHOC	FTWO	Difference
Sharpe ratio: Return per unit of total volatility	2.62	1.05	+1.57
Sortino ratio: Return per unit of downside risk	2.92	1.52	+1.41
Omega ratio: Gain probability vs. loss probability	1.40	1.19	+0.21
Calmar ratio: Return relative to maximum drawdown	6.81	1.36	+5.45
Martin ratio: Return relative to average drawdown	21.14	3.41	+17.73

SHOC vs. FTWO - Sharpe Ratio Comparison

The current SHOC Sharpe Ratio is 2.62, which is higher than the FTWO Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of SHOC and FTWO, 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

SHOC vs. FTWO - Drawdown Comparison

The maximum SHOC drawdown since its inception was -37.54%, which is greater than FTWO's maximum drawdown of -18.17%. Use the drawdown chart below to compare losses from any high point for SHOC and FTWO.

Drawdown Indicators

	SHOC	FTWO	Difference
Max Drawdown Largest peak-to-trough decline	-37.54%	-18.17%	-19.37%
Max Drawdown (1Y) Largest decline over 1 year	-14.59%	-14.55%	-0.04%
Max Drawdown (3Y) Largest decline over 3 years	-37.54%	—	—
Current Drawdown Current decline from peak	-12.95%	-13.46%	+0.51%
Average Drawdown Average peak-to-trough decline	-7.46%	-3.74%	-3.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.69%	5.78%	-1.09%

Volatility

SHOC vs. FTWO - Volatility Comparison

Strive U.S. Semiconductor ETF (SHOC) has a higher volatility of 19.43% compared to Strive Natural Resources and Security ETF (FTWO) at 4.62%. This indicates that SHOC's price experiences larger fluctuations and is considered to be riskier than FTWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHOC	FTWO	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.43%	4.62%	+14.81%
Volatility (6M) Calculated over the trailing 6-month period	31.80%	14.87%	+16.93%
Volatility (1Y) Calculated over the trailing 1-year period	37.94%	18.76%	+19.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.46%	19.22%	+17.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.46%	19.22%	+17.24%

SHOC vs. FTWO - Expense Ratio Comparison

SHOC has a 0.40% expense ratio, which is lower than FTWO's 0.49% expense ratio.

Dividends

SHOC vs. FTWO - Dividend Comparison

SHOC's dividend yield for the trailing twelve months is around 0.13%, less than FTWO's 0.95% yield.

Position	TTM	2025	2024	2023	2022
FTWO Strive Natural Resources and Security ETF	0.95%	1.02%	1.23%	0.59%	0.00%
SHOC Strive U.S. Semiconductor ETF	0.13%	0.23%	0.35%	0.65%	0.24%

Frequently Asked Questions

Can I hold both SHOC and FTWO in my portfolio?

SHOC and FTWO have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SHOC or FTWO?

SHOC has higher volatility (19.43%) compared to FTWO (4.62%). In terms of maximum drawdown, SHOC dropped -37.54% vs FTWO's -18.17%.

Which ETF is better, SHOC or FTWO?

On 1-year performance, SHOC leads with 98.76% vs 19.64% for FTWO. On fees, SHOC is cheaper at 0.40% per year. On volatility, FTWO has been the lower-risk option at 4.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SHOC or FTWO?

Over the 1-year period, SHOC has performed better with a 98.76% return vs 19.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SHOC or FTWO?

SHOC is cheaper with a 0.40% expense ratio, compared with 0.49% for FTWO.

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

FTWO has the higher dividend yield at 0.95%, compared with 0.13% for SHOC.

What is the main difference between SHOC and FTWO?

SHOC is categorized as Semiconductors, while FTWO is Energy Equities. SHOC tracks Bloomberg US Listed Semiconductors Select Index, while FTWO tracks Bloomberg Natural Resources and Security Total Return Index. Their fees differ too: 0.40% for SHOC and 0.49% for FTWO.

Which has better risk-adjusted returns?

SHOC currently has the higher Sharpe Ratio (2.62 vs 1.05), 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.