SHOC vs. RSNRX

Last updated Jul 12, 2026

SHOC (Strive U.S. Semiconductor ETF) and RSNRX (Victory Global Energy Transition Fund) are both funds - SHOC is a Semiconductors fund tracking the Bloomberg US Listed Semiconductors Select Index, while RSNRX is a Energy Equities fund managed by Victory. Over the past 3 years, SHOC returned 49.17%/yr vs 29.81%/yr for RSNRX. At a 0.43 correlation, their price movements are largely independent. SHOC charges 0.40%/yr vs 1.48%/yr for RSNRX.

Performance

SHOC vs. RSNRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive U.S. Semiconductor ETF (SHOC) and Victory Global Energy Transition Fund (RSNRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SHOC achieves a 65.08% return, which is significantly higher than RSNRX's 27.69% return.

SHOC

• 1D: 0.57%
• 1M: -1.46%
• 6M: 53.84%
• YTD: 65.08%
• 1Y: 107.46%
• 3Y*: 49.17%
• 5Y*: —
• 10Y*: —

RSNRX

• 1D: -0.25%
• 1M: -3.07%
• 6M: 24.36%
• YTD: 27.69%
• 1Y: 68.27%
• 3Y*: 29.81%
• 5Y*: 28.01%
• 10Y*: 12.31%

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

SHOC vs. RSNRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SHOC Strive U.S. Semiconductor ETF	65.08%	49.91%	16.74%	61.97%	-1.79%
RSNRX Victory Global Energy Transition Fund	27.69%	69.60%	15.94%	-8.64%	2.25%

Correlation

The correlation between SHOC and RSNRX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (All Time) Calculated using the full available price history since Oct 6, 2022	0.43

The correlation between SHOC and RSNRX shifts across timeframes, from 0.29 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SHOC vs. RSNRX — Risk / Return Rank

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

SHOC

SHOC Risk / Return Rank: 92
SHOC Sharpe Ratio Rank: 94
SHOC Sortino Ratio Rank: 87
SHOC Omega Ratio Rank: 88
SHOC Calmar Ratio Rank: 96
SHOC Martin Ratio Rank: 95

RSNRX

RSNRX Risk / Return Rank: 94
RSNRX Sharpe Ratio Rank: 98
RSNRX Sortino Ratio Rank: 91
RSNRX Omega Ratio Rank: 89
RSNRX Calmar Ratio Rank: 98
RSNRX 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.

SHOC vs. RSNRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive U.S. Semiconductor ETF (SHOC) and Victory Global Energy Transition Fund (RSNRX). 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	RSNRX	Difference
Sharpe ratio: Return per unit of total volatility	2.87	3.24	-0.37
Sortino ratio: Return per unit of downside risk	3.12	3.87	-0.74
Omega ratio: Gain probability vs. loss probability	1.43	1.53	-0.10
Calmar ratio: Return relative to maximum drawdown	7.40	6.47	+0.92
Martin ratio: Return relative to average drawdown	23.33	19.49	+3.84

SHOC vs. RSNRX - Sharpe Ratio Comparison

The current SHOC Sharpe Ratio is 2.87, which is comparable to the RSNRX Sharpe Ratio of 3.24. The chart below compares the historical Sharpe Ratios of SHOC and RSNRX, 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. RSNRX - Drawdown Comparison

The maximum SHOC drawdown since its inception was -37.54%, smaller than the maximum RSNRX drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for SHOC and RSNRX.

Drawdown Indicators

	SHOC	RSNRX	Difference
Max Drawdown Largest peak-to-trough decline	-37.54%	-89.73%	+52.19%
Max Drawdown (1Y) Largest decline over 1 year	-14.59%	-11.65%	-2.94%
Max Drawdown (3Y) Largest decline over 3 years	-37.54%	-25.44%	-12.10%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.44%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-84.27%	—
Current Drawdown Current decline from peak	-9.14%	-7.97%	-1.17%
Average Drawdown Average peak-to-trough decline	-7.45%	-25.86%	+18.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.62%	3.86%	+0.76%

Volatility

SHOC vs. RSNRX - Volatility Comparison

Strive U.S. Semiconductor ETF (SHOC) has a higher volatility of 19.18% compared to Victory Global Energy Transition Fund (RSNRX) at 5.64%. This indicates that SHOC's price experiences larger fluctuations and is considered to be riskier than RSNRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHOC	RSNRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.18%	5.64%	+13.54%
Volatility (6M) Calculated over the trailing 6-month period	31.55%	17.13%	+14.42%
Volatility (1Y) Calculated over the trailing 1-year period	37.60%	23.31%	+14.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.41%	24.87%	+11.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.41%	31.36%	+5.05%

SHOC vs. RSNRX - Expense Ratio Comparison

SHOC has a 0.40% expense ratio, which is lower than RSNRX's 1.48% expense ratio.

Dividends

SHOC vs. RSNRX - Dividend Comparison

SHOC's dividend yield for the trailing twelve months is around 0.12%, less than RSNRX's 3.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
RSNRX Victory Global Energy Transition Fund	3.43%	4.38%	1.65%	2.36%	0.78%	0.00%	0.05%
SHOC Strive U.S. Semiconductor ETF	0.12%	0.23%	0.35%	0.65%	0.24%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SHOC and RSNRX in my portfolio?

SHOC and RSNRX have a correlation of 0.29, 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 RSNRX?

SHOC has higher volatility (19.18%) compared to RSNRX (5.64%). In terms of maximum drawdown, SHOC dropped -37.54% vs RSNRX's -89.73%.

Which has better risk-adjusted returns?

RSNRX currently has the higher Sharpe Ratio (3.24 vs 2.87), 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.