SOCL vs. IGN
Compare and contrast key facts about Global X Social Media ETF (SOCL) and iShares North American Tech-Multimedia Networking ETF (IGN).
SOCL and IGN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SOCL is a passively managed fund by Global X that tracks the performance of the Solactive Social Media Index. It was launched on Nov 14, 2011. IGN is a passively managed fund by iShares that tracks the performance of the S&P North American Technology-Multimedia Networking Index. It was launched on Jul 10, 2001. Both SOCL and IGN 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: SOCL or IGN.
Performance
SOCL vs. IGN - Performance Comparison
Returns By Period
SOCL
3.47%
1.12%
-2.27%
6.57%
5.15%
8.43%
IGN
N/A
N/A
N/A
N/A
N/A
N/A
Key characteristics
| SOCL | IGN |
|---|
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SOCL vs. IGN - Expense Ratio Comparison
SOCL has a 0.65% expense ratio, which is higher than IGN's 0.46% expense ratio.
Correlation
The correlation between SOCL and IGN is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
SOCL vs. IGN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Social Media ETF (SOCL) and iShares North American Tech-Multimedia Networking ETF (IGN). 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
SOCL vs. IGN - Dividend Comparison
SOCL's dividend yield for the trailing twelve months is around 0.38%, while IGN has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOCL Global X Social Media ETF | 0.38% | 0.61% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 1.49% | 0.18% | 0.01% | 0.05% | 0.00% |
IGN iShares North American Tech-Multimedia Networking ETF | 0.83% | 0.37% | 0.30% | 0.22% | 0.60% | 0.42% | 0.65% | 0.57% | 0.75% | 0.72% | 0.50% | 0.38% |
Drawdowns
SOCL vs. IGN - Drawdown Comparison
Volatility
SOCL vs. IGN - Volatility Comparison
Global X Social Media ETF (SOCL) has a higher volatility of 7.33% compared to iShares North American Tech-Multimedia Networking ETF (IGN) at 0.00%. This indicates that SOCL's price experiences larger fluctuations and is considered to be riskier than IGN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.