SOCL vs. IGV
Compare and contrast key facts about Global X Social Media ETF (SOCL) and iShares Expanded Tech-Software Sector ET (IGV).
SOCL and IGV 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. IGV is a passively managed fund by iShares that tracks the performance of the S&P North American Technology-Software Index. It was launched on Jul 10, 2001. Both SOCL and IGV 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 IGV.
Correlation
The correlation between SOCL and IGV is 0.67, 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.
Performance
SOCL vs. IGV - Performance Comparison
Key characteristics
SOCL:
0.48
IGV:
1.29
SOCL:
0.86
IGV:
1.74
SOCL:
1.10
IGV:
1.23
SOCL:
0.22
IGV:
0.40
SOCL:
1.67
IGV:
5.75
SOCL:
6.84%
IGV:
4.82%
SOCL:
23.56%
IGV:
21.48%
SOCL:
-68.70%
IGV:
-98.54%
SOCL:
-43.06%
IGV:
-58.54%
Returns By Period
In the year-to-date period, SOCL achieves a 9.13% return, which is significantly lower than IGV's 28.32% return. Over the past 10 years, SOCL has underperformed IGV with an annualized return of 9.37%, while IGV has yielded a comparatively higher 18.84% annualized return.
SOCL
9.13%
5.47%
3.49%
11.41%
5.09%
9.37%
IGV
28.32%
-1.83%
23.11%
27.73%
17.54%
18.84%
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SOCL vs. IGV - Expense Ratio Comparison
SOCL has a 0.65% expense ratio, which is higher than IGV's 0.46% expense ratio.
Risk-Adjusted Performance
SOCL vs. IGV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Social Media ETF (SOCL) and iShares Expanded Tech-Software Sector ET (IGV). 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. IGV - Dividend Comparison
SOCL's dividend yield for the trailing twelve months is around 0.36%, while IGV has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOCL Global X Social Media ETF | 0.36% | 0.61% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 1.49% | 0.18% | 0.01% | 0.05% | 0.00% |
IGV iShares Expanded Tech-Software Sector ET | 0.00% | 0.41% | 0.01% | 0.00% | 0.35% | 0.02% | 0.16% | 0.09% | 0.82% | 0.22% | 0.29% | 0.33% |
Drawdowns
SOCL vs. IGV - Drawdown Comparison
The maximum SOCL drawdown since its inception was -68.70%, smaller than the maximum IGV drawdown of -98.54%. Use the drawdown chart below to compare losses from any high point for SOCL and IGV. For additional features, visit the drawdowns tool.
Volatility
SOCL vs. IGV - Volatility Comparison
The current volatility for Global X Social Media ETF (SOCL) is 5.62%, while iShares Expanded Tech-Software Sector ET (IGV) has a volatility of 8.07%. This indicates that SOCL experiences smaller price fluctuations and is considered to be less risky than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.