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SOCL vs. NACP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SOCL vs. NACP

Last updated Jun 4, 2026

SOCL (Global X Social Media ETF) and NACP (Impact Shares NAACP Minority Empowerment ETF) are both Large Cap Growth Equities funds - SOCL tracks the Solactive Social Media Index while NACP tracks the Morningstar Minority Empowerment Index. Both are passively managed. Over the past 5 years, SOCL returned -6.44%/yr vs 15.98%/yr for NACP. A 0.65 correlation means they provide meaningful diversification when combined. SOCL charges 0.65%/yr vs 0.49%/yr for NACP.

Performance

SOCL vs. NACP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Social Media ETF (SOCL) and Impact Shares NAACP Minority Empowerment ETF (NACP). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SOCL achieves a -14.38% return, which is significantly lower than NACP's 22.18% return.

SOCL

1D
-2.45%
1M
1.38%
YTD
-14.38%
6M
-14.22%
1Y
0.20%
3Y*
9.38%
5Y*
-6.44%
10Y*
9.37%

NACP

1D
-0.13%
1M
9.92%
YTD
22.18%
6M
20.98%
1Y
43.81%
3Y*
27.18%
5Y*
15.98%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SOCL vs. NACP - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
SOCL
Global X Social Media ETF		-14.38%31.04%5.08%31.08%-42.23%-12.84%78.35%25.74%-23.87%
NACP
Impact Shares NAACP Minority Empowerment ETF		22.18%21.38%23.93%29.69%-23.05%27.62%26.00%30.74%-8.79%

Correlation

The correlation between SOCL and NACP is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.60

Correlation (3Y)
Calculated over the trailing 3-year period

0.62

Correlation (5Y)
Calculated over the trailing 5-year period

0.67

Correlation (All Time)
Calculated using the full available price history since Jul 20, 2018

0.65

The correlation between SOCL and NACP has been stable across timeframes, ranging from 0.60 to 0.67 - a consistent structural relationship.

SOCL vs. NACP - Sectors Allocation Comparison

Sectors
SOCL
NACP

Communication Services

95.9%
9.8%

Technology

3.0%
35.8%

Consumer Defensive

0.6%
3.6%

Industrials

0.5%
8.7%

Consumer Cyclical

0.1%
11.1%

Basic Materials

-

1.5%

Energy

-

5.0%

Financial Services

-

10.6%

Healthcare

-

9.2%

Real Estate

-

1.3%

Utilities

-

3.4%

Communication Services

SOCL
95.9%
NACP
9.8%

Technology

SOCL
3.0%
NACP
35.8%

Consumer Defensive

SOCL
0.6%
NACP
3.6%

Industrials

SOCL
0.5%
NACP
8.7%

Consumer Cyclical

SOCL
0.1%
NACP
11.1%

Basic Materials

SOCL

-

NACP
1.5%

Energy

SOCL

-

NACP
5.0%

Financial Services

SOCL

-

NACP
10.6%

Healthcare

SOCL

-

NACP
9.2%

Real Estate

SOCL

-

NACP
1.3%

Utilities

SOCL

-

NACP
3.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Social Media ETF

Impact Shares NAACP Minority Empowerment ETF

Often compared with SOCL:
SOCL vs. SOXLSOCL vs. XLCSOCL vs. TQQQSOCL vs. BOILSOCL vs. IGVSOCL vs. FXAIXSOCL vs. TECL
Often compared with NACP:
NACP vs. XTRNACP vs. NANCNACP vs. OVLNACP vs. BDGSNACP vs. DEMZNACP vs. VFIAXNACP vs. JQUA

Return for Risk

SOCL vs. NACP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SOCL
SOCL Risk / Return Rank: 99
Overall Rank
SOCL Sharpe Ratio Rank: 99
Sharpe Ratio Rank
SOCL Sortino Ratio Rank: 99
Sortino Ratio Rank
SOCL Omega Ratio Rank: 99
Omega Ratio Rank
SOCL Calmar Ratio Rank: 99
Calmar Ratio Rank
SOCL Martin Ratio Rank: 99
Martin Ratio Rank
NACP
NACP Risk / Return Rank: 8888
Overall Rank
NACP Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
NACP Sortino Ratio Rank: 8989
Sortino Ratio Rank
NACP Omega Ratio Rank: 8686
Omega Ratio Rank
NACP Calmar Ratio Rank: 8484
Calmar Ratio Rank
NACP Martin Ratio Rank: 8989
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SOCL vs. NACP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Social Media ETF (SOCL) and Impact Shares NAACP Minority Empowerment ETF (NACP). 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.

SOCLNACPDifference
Sharpe ratioReturn per unit of total volatility
0.01
3.14

-3.13

Sortino ratioReturn per unit of downside risk
0.18
4.17

-3.99

Omega ratioGain probability vs. loss probability

1.02

1.54

-0.52

Calmar ratioReturn relative to maximum drawdown

0.01

4.56

-4.56

Martin ratioReturn relative to average drawdown

0.01

20.04

-20.03

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOCL vs. NACP - Sharpe Ratio Comparison

The current SOCL Sharpe Ratio is 0.01, which is lower than the NACP Sharpe Ratio of 3.14. The chart below compares the historical Sharpe Ratios of SOCL and NACP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SOCLNACPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.01

3.14

-3.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.22

0.92

-1.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.34

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.32

0.93

-0.60

Drawdowns

SOCL vs. NACP - Drawdown Comparison

The maximum SOCL drawdown since its inception was -68.70%, which is greater than NACP's maximum drawdown of -30.96%. Use the drawdown chart below to compare losses from any high point for SOCL and NACP.

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Drawdown Indicators

SOCLNACPDifference

Max Drawdown

Largest peak-to-trough decline

-68.70%

-30.96%

-37.74%

Max Drawdown (1Y)

Largest decline over 1 year

-33.52%

-9.65%

-23.87%

Max Drawdown (3Y)

Largest decline over 3 years

-33.52%

-19.66%

-13.86%

Max Drawdown (5Y)

Largest decline over 5 years

-66.32%

-27.89%

-38.43%

Max Drawdown (10Y)

Largest decline over 10 years

-68.70%

—

—

Current Drawdown

Current decline from peak

-38.48%

-0.13%

-38.35%

Average Drawdown

Average peak-to-trough decline

-21.95%

-5.75%

-16.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

15.68%

2.19%

+13.49%

Volatility

SOCL vs. NACP - Volatility Comparison

Global X Social Media ETF (SOCL) has a higher volatility of 6.88% compared to Impact Shares NAACP Minority Empowerment ETF (NACP) at 4.44%. This indicates that SOCL's price experiences larger fluctuations and is considered to be riskier than NACP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SOCLNACPDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.88%

4.44%

+2.44%

Volatility (6M)

Calculated over the trailing 6-month period

17.76%

11.13%

+6.63%

Volatility (1Y)

Calculated over the trailing 1-year period

23.24%

14.02%

+9.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.68%

17.47%

+12.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.55%

18.70%

+8.85%

SOCL vs. NACP - Expense Ratio Comparison

SOCL has a 0.65% expense ratio, which is higher than NACP's 0.49% expense ratio.

Dividends

SOCL vs. NACP - Dividend Comparison

SOCL's dividend yield for the trailing twelve months is around 0.50%, less than NACP's 0.55% yield.

PositionTTM20252024202320222021202020192018201720162015
NACP
Impact Shares NAACP Minority Empowerment ETF		0.55%0.62%2.96%1.28%3.48%3.06%1.48%1.22%0.71%0.00%0.00%0.00%
SOCL
Global X Social Media ETF		0.50%0.43%0.25%0.61%0.39%0.00%0.00%0.00%0.00%1.49%0.18%0.01%

Frequently Asked Questions

SOCL and NACP have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SOCL has higher volatility (6.88%) compared to NACP (4.44%). In terms of maximum drawdown, SOCL dropped -68.70% vs NACP's -30.96%.

On 5-year performance, NACP leads with 15.98% vs -6.44% for SOCL. On fees, NACP is cheaper at 0.49% per year. On volatility, NACP has been the lower-risk option at 4.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, NACP has performed better with a 15.98% return vs -6.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

NACP is cheaper with a 0.49% expense ratio, compared with 0.65% for SOCL.

NACP has the higher dividend yield at 0.55%, compared with 0.50% for SOCL.

SOCL tracks Solactive Social Media Index, while NACP tracks Morningstar Minority Empowerment Index. They also come from different issuers: Global X and Impact Shares. Their fees differ too: 0.65% for SOCL and 0.49% for NACP.

NACP currently has the higher Sharpe Ratio (3.14 vs 0.01), 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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