SOUN vs. IAI
SOUN (SoundHound AI, Inc.) is a stock, while IAI (iShares U.S. Broker-Dealers & Securities Exchanges ETF) is Financials Equities fund tracking the DJ US Select / Investment Services. Over the past 3 years, SOUN returned 29.87%/yr vs 28.06%/yr for IAI. At a 0.36 correlation, their price movements are largely independent.
Performance
SOUN vs. IAI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SOUN achieves a -30.79% return, which is significantly lower than IAI's 3.17% return.
SOUN
- 1D
- -1.43%
- 1M
- -18.05%
- YTD
- -30.79%
- 6M
- -40.77%
- 1Y
- -27.14%
- 3Y*
- 29.87%
- 5Y*
- —
- 10Y*
- —
IAI
- 1D
- 1.83%
- 1M
- 3.22%
- YTD
- 3.17%
- 6M
- 2.78%
- 1Y
- 19.26%
- 3Y*
- 28.06%
- 5Y*
- 14.44%
- 10Y*
- 19.37%
SOUN vs. IAI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SOUN SoundHound AI, Inc. | -30.79% | -49.75% | 835.85% | 19.77% | -79.70% |
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF | 3.17% | 25.80% | 34.37% | 15.27% | 7.12% |
Correlation
The correlation between SOUN and IAI is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2022 | 0.36 |
The correlation between SOUN and IAI shifts across timeframes, from 0.36 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SOUN vs. IAI — Risk / Return Rank
SOUN
IAI
SOUN vs. IAI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SoundHound AI, Inc. (SOUN) and iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI). 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.
| SOUN | IAI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.18 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 1.17 | -1.55 |
| Martin ratioReturn relative to average drawdown | -0.60 | 3.33 | -3.93 |
Loading charts...
Drawdowns
SOUN vs. IAI - Drawdown Comparison
The maximum SOUN drawdown since its inception was -93.55%, which is greater than IAI's maximum drawdown of -75.46%. Use the drawdown chart below to compare losses from any high point for SOUN and IAI.
Loading charts...
Drawdown Indicators
| SOUN | IAI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.55% | -75.46% | -18.09% |
Max Drawdown (1Y)Largest decline over 1 year | -72.43% | -16.52% | -55.91% |
Max Drawdown (3Y)Largest decline over 3 years | -75.65% | -23.14% | -52.51% |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.84% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.38% | — |
Current DrawdownCurrent decline from peak | -71.52% | -2.81% | -68.71% |
Average DrawdownAverage peak-to-trough decline | -66.93% | -22.63% | -44.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.29% | 5.80% | +39.49% |
Volatility
SOUN vs. IAI - Volatility Comparison
SoundHound AI, Inc. (SOUN) has a higher volatility of 17.69% compared to iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) at 5.98%. This indicates that SOUN's price experiences larger fluctuations and is considered to be riskier than IAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SOUN | IAI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.69% | 5.98% | +11.71% |
Volatility (6M)Calculated over the trailing 6-month period | 52.15% | 15.34% | +36.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.70% | 19.44% | +61.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 136.27% | 21.48% | +114.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 136.27% | 22.85% | +113.42% |
Dividends
SOUN vs. IAI - Dividend Comparison
SOUN has not paid dividends to shareholders, while IAI's dividend yield for the trailing twelve months is around 1.05%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF | 1.05% | 0.95% | 1.05% | 1.80% | 2.14% | 1.31% | 1.55% | 1.52% | 1.58% | 1.37% | 1.49% | 1.31% |
SOUN SoundHound AI, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SOUN and IAI have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOUN has higher volatility (17.69%) compared to IAI (5.98%). In terms of maximum drawdown, SOUN dropped -93.55% vs IAI's -75.46%.
IAI currently has the higher Sharpe Ratio (1.00 vs -0.34), 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.
Find the right allocation for SOUN and IAI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer