SHOC vs. SOXX
Compare and contrast key facts about Strive U.S. Semiconductor ETF (SHOC) and iShares PHLX Semiconductor ETF (SOXX).
SHOC and SOXX 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. SOXX is a passively managed fund by iShares that tracks the performance of the PHLX Semiconductor Sector Index. It was launched on Jul 10, 2001. Both SHOC and SOXX 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 SOXX.
Key characteristics
| SHOC | SOXX | |
|---|---|---|
| YTD Return | 22.76% | 21.05% |
| 1Y Return | 50.51% | 46.92% |
| Sharpe Ratio | 1.42 | 1.35 |
| Sortino Ratio | 1.91 | 1.84 |
| Omega Ratio | 1.25 | 1.24 |
| Calmar Ratio | 1.92 | 1.85 |
| Martin Ratio | 4.88 | 4.80 |
| Ulcer Index | 10.13% | 9.64% |
| Daily Std Dev | 34.73% | 34.36% |
| Max Drawdown | -25.71% | -70.21% |
| Current Drawdown | -11.25% | -12.64% |
Correlation
The correlation between SHOC and SOXX 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.
Performance
SHOC vs. SOXX - Performance Comparison
In the year-to-date period, SHOC achieves a 22.76% return, which is significantly higher than SOXX's 21.05% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SHOC vs. SOXX - Expense Ratio Comparison
SHOC has a 0.40% expense ratio, which is lower than SOXX's 0.46% expense ratio.
Risk-Adjusted Performance
SHOC vs. SOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strive U.S. Semiconductor ETF (SHOC) and iShares PHLX Semiconductor ETF (SOXX). 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. SOXX - Dividend Comparison
SHOC's dividend yield for the trailing twelve months is around 0.39%, less than SOXX's 0.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHOC Strive U.S. Semiconductor ETF | 0.39% | 0.65% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXX iShares PHLX Semiconductor ETF | 0.63% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% | 1.18% |
Drawdowns
SHOC vs. SOXX - Drawdown Comparison
The maximum SHOC drawdown since its inception was -25.71%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for SHOC and SOXX. For additional features, visit the drawdowns tool.
Volatility
SHOC vs. SOXX - Volatility Comparison
Strive U.S. Semiconductor ETF (SHOC) and iShares PHLX Semiconductor ETF (SOXX) have volatilities of 9.93% and 9.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.