SHOC vs. SOXQ
Compare and contrast key facts about Strive U.S. Semiconductor ETF (SHOC) and Invesco PHLX Semiconductor ETF (SOXQ).
SHOC and SOXQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SHOC is a passively managed fund by Strive that tracks the performance of the Bloomberg US Listed Semiconductors Select Index - Benchmark TR Gross. It was launched on Oct 5, 2022. SOXQ is a passively managed fund by Invesco that tracks the performance of the PHLX / Semiconductor. It was launched on Jun 11, 2021. Both SHOC and SOXQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHOC or SOXQ.
Performance
SHOC vs. SOXQ - Performance Comparison
Returns By Period
In the year-to-date period, SHOC achieves a 16.59% return, which is significantly lower than SOXQ's 19.49% return.
SHOC
16.59%
-0.69%
-3.36%
31.30%
N/A
N/A
SOXQ
19.49%
-3.27%
-4.69%
33.41%
N/A
N/A
Key characteristics
| SHOC | SOXQ | |
|---|---|---|
| Sharpe Ratio | 0.91 | 0.96 |
| Sortino Ratio | 1.36 | 1.43 |
| Omega Ratio | 1.18 | 1.18 |
| Calmar Ratio | 1.22 | 1.33 |
| Martin Ratio | 2.96 | 3.41 |
| Ulcer Index | 10.58% | 9.80% |
| Daily Std Dev | 34.57% | 34.75% |
| Max Drawdown | -25.71% | -46.01% |
| Current Drawdown | -15.71% | -15.91% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SHOC vs. SOXQ - Expense Ratio Comparison
SHOC has a 0.40% expense ratio, which is higher than SOXQ's 0.00% expense ratio.
Correlation
The correlation between SHOC and SOXQ is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
SHOC vs. SOXQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strive U.S. Semiconductor ETF (SHOC) and Invesco PHLX Semiconductor ETF (SOXQ). 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.
Dividends
SHOC vs. SOXQ - Dividend Comparison
SHOC's dividend yield for the trailing twelve months is around 0.41%, less than SOXQ's 0.70% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
SHOC Strive U.S. Semiconductor ETF | 0.41% | 0.65% | 0.24% | 0.00% |
SOXQ Invesco PHLX Semiconductor ETF | 0.70% | 0.87% | 1.36% | 0.73% |
Drawdowns
SHOC vs. SOXQ - Drawdown Comparison
The maximum SHOC drawdown since its inception was -25.71%, smaller than the maximum SOXQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for SHOC and SOXQ. For additional features, visit the drawdowns tool.
Volatility
SHOC vs. SOXQ - Volatility Comparison
The current volatility for Strive U.S. Semiconductor ETF (SHOC) is 8.65%, while Invesco PHLX Semiconductor ETF (SOXQ) has a volatility of 9.39%. This indicates that SHOC experiences smaller price fluctuations and is considered to be less risky than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.