SOXQ vs. BTC-USD
SOXQ (Invesco PHLX Semiconductor ETF) is Semiconductors fund tracking the PHLX Semiconductor Sector Index, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 3 years, SOXQ returned 55.06%/yr vs 33.16%/yr for BTC-USD. At a 0.30 correlation, their price movements are largely independent.
Performance
SOXQ vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, SOXQ achieves a 82.41% return, which is significantly higher than BTC-USD's -28.54% return.
SOXQ
- 1D
- 5.52%
- 1M
- 9.64%
- YTD
- 82.41%
- 6M
- 75.26%
- 1Y
- 157.38%
- 3Y*
- 55.06%
- 5Y*
- —
- 10Y*
- —
BTC-USD
- 1D
- -1.22%
- 1M
- -22.47%
- YTD
- -28.54%
- 6M
- -31.02%
- 1Y
- -40.89%
- 3Y*
- 33.16%
- 5Y*
- 10.82%
- 10Y*
- 59.68%
SOXQ vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SOXQ Invesco PHLX Semiconductor ETF | 82.41% | 43.11% | 20.16% | 66.74% | -35.59% | 25.19% |
BTC-USD Bitcoin | -28.54% | -6.27% | 120.76% | 155.82% | -64.23% | 25.94% |
Correlation
The correlation between SOXQ and BTC-USD is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jun 11, 2021 | 0.30 |
The correlation between SOXQ and BTC-USD shifts across timeframes, from 0.25 (3 years) to 0.35 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SOXQ vs. BTC-USD — Risk / Return Rank
SOXQ
BTC-USD
SOXQ vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco PHLX Semiconductor ETF (SOXQ) and Bitcoin (BTC-USD). 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.
| SOXQ | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.38 | ||
| Sortino ratioReturn per unit of downside risk | +5.67 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 0.86 | +0.76 |
| Calmar ratioReturn relative to maximum drawdown | 10.16 | -0.80 | +10.96 |
| Martin ratioReturn relative to average drawdown | 38.04 | -1.42 | +39.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SOXQ | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.43 | -0.95 | +5.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.20 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.91 | 1.13 | -0.22 |
Drawdowns
SOXQ vs. BTC-USD - Drawdown Comparison
The maximum SOXQ drawdown since its inception was -46.01%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for SOXQ and BTC-USD.
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Drawdown Indicators
| SOXQ | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.01% | -85.30% | +39.29% |
Max Drawdown (1Y)Largest decline over 1 year | -15.59% | -51.21% | +35.62% |
Max Drawdown (3Y)Largest decline over 3 years | -39.36% | -51.21% | +11.85% |
Max Drawdown (5Y)Largest decline over 5 years | — | -76.67% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -7.27% | -49.86% | +42.59% |
Average DrawdownAverage peak-to-trough decline | -12.94% | -42.32% | +29.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.15% | 34.46% | -30.31% |
Volatility
SOXQ vs. BTC-USD - Volatility Comparison
Invesco PHLX Semiconductor ETF (SOXQ) has a higher volatility of 17.87% compared to Bitcoin (BTC-USD) at 11.59%. This indicates that SOXQ's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SOXQ | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.87% | 11.59% | +6.28% |
Volatility (6M)Calculated over the trailing 6-month period | 29.44% | 34.53% | -5.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.85% | 35.67% | +0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.73% | 44.95% | -8.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.73% | 56.71% | -19.98% |
Frequently Asked Questions
SOXQ and BTC-USD have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOXQ has higher volatility (17.87%) compared to BTC-USD (11.59%). In terms of maximum drawdown, SOXQ dropped -46.01% vs BTC-USD's -85.30%.
SOXQ currently has the higher Sharpe Ratio (4.43 vs -0.95), 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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