SMCAY vs. SOXX
SMCAY (SMC Corp Japan) is a stock, while SOXX (iShares Semiconductor ETF) is Semiconductors fund tracking the NYSE Semiconductor Index. Over the past 10 years, SMCAY returned 5.59%/yr vs 32.19%/yr for SOXX. Their 0.37 correlation means their historical movements had little consistent relationship.
Performance
SMCAY vs. SOXX - Performance Comparison
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Returns By Period
In the year-to-date period, SMCAY achieves a 26.11% return, which is significantly lower than SOXX's 67.84% return. Over the past 10 years, SMCAY has underperformed SOXX with an annualized return of 5.59%, while SOXX has yielded a comparatively higher 32.19% annualized return.
SMCAY
- 1D
- 3.03%
- 1M
- -2.77%
- 6M
- 12.05%
- YTD
- 26.11%
- 1Y
- 25.06%
- 3Y*
- -4.74%
- 5Y*
- -5.79%
- 10Y*
- 5.59%
- ALL TIME*
- -0.68%
SOXX
- 1D
- 0.07%
- 1M
- -10.85%
- 6M
- 45.95%
- YTD
- 67.84%
- 1Y
- 113.81%
- 3Y*
- 42.35%
- 5Y*
- 28.10%
- 10Y*
- 32.19%
- ALL TIME*
- 13.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
SMCAY SMC Corp Japan | $5.15M | $4.49M | $5.25M |
| $6.04B | $5.84B | $5.80B |
SMCAY vs. SOXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMCAY SMC Corp Japan | 26.11% | -10.14% | -26.87% | 28.24% | -38.56% | 10.67% | 33.54% | 54.20% | -27.64% | 74.30% |
SOXX iShares Semiconductor ETF | 67.84% | 40.74% | 12.92% | 67.12% | -35.09% | 44.09% | 52.72% | 62.42% | -6.49% | 39.79% |
Correlation
The correlation between SMCAY and SOXX is 0.37, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.37 |
Correlation (3Y) Balances recent behavior with more history. | 0.39 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.44 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.39 |
Correlation (All Time) Calculated using the full available price history since Oct 18, 2013 | 0.37 |
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Return for Risk
SMCAY vs. SOXX — Risk / Return Rank
SMCAY
SOXX
SMCAY vs. SOXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SMC Corp Japan (SMCAY) and iShares 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.
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.
| SMCAY | SOXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.38 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.86 | 3.86 | -3.00 |
| Martin ratioReturn relative to average drawdown | 1.96 | 16.24 | -14.28 |
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Drawdowns
SMCAY vs. SOXX - Drawdown Comparison
The maximum SMCAY drawdown since its inception was -61.30%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for SMCAY and SOXX.
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Drawdown Indicators
| SMCAY | SOXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.30% | -70.21% | +8.91% |
Max Drawdown (1Y)Largest decline over 1 year | -28.86% | -29.01% | +0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -51.70% | -41.36% | -10.34% |
Max Drawdown (5Y)Largest decline over 5 years | -59.03% | -45.75% | -13.28% |
Max Drawdown (10Y)Largest decline over 10 years | -59.03% | -45.75% | -13.28% |
Current DrawdownCurrent decline from peak | -39.02% | -22.92% | -16.10% |
Average DrawdownAverage peak-to-trough decline | -33.94% | -19.92% | -14.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.60% | 6.88% | +5.72% |
Volatility
SMCAY vs. SOXX - Volatility Comparison
The current volatility for SMC Corp Japan (SMCAY) is 16.42%, while iShares Semiconductor ETF (SOXX) has a volatility of 17.83%. This indicates that SMCAY experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMCAY | SOXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.42% | 17.83% | -1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 35.54% | 38.92% | -3.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.33% | 44.48% | -1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.07% | 38.24% | -4.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.62% | 34.54% | -0.92% |
Dividends
SMCAY vs. SOXX - Dividend Comparison
SMCAY has not paid dividends to shareholders, while SOXX's dividend yield for the trailing twelve months is around 0.29%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMCAY SMC Corp Japan | 0.00% | 1.00% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXX iShares Semiconductor ETF | 0.29% | 0.57% | 0.67% | 0.78% | 1.26% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% |
Frequently Asked Questions
SMCAY and SOXX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOXX has higher volatility (17.83%) compared to SMCAY (16.42%). In terms of maximum drawdown, SMCAY dropped -61.30% vs SOXX's -70.21%.
SOXX currently has the higher Sharpe Ratio (2.53 vs 0.57), 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.
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