SOXQ vs. IJR
Compare and contrast key facts about Invesco PHLX Semiconductor ETF (SOXQ) and iShares Core S&P Small-Cap ETF (IJR).
SOXQ and IJR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SOXQ is a passively managed fund by Invesco that tracks the performance of the PHLX / Semiconductor. It was launched on Jun 11, 2021. IJR is a passively managed fund by iShares that tracks the performance of the S&P SmallCap 600 Index. It was launched on May 22, 2000. Both SOXQ and IJR 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: SOXQ or IJR.
Key characteristics
| SOXQ | IJR | |
|---|---|---|
| YTD Return | 19.73% | 7.42% |
| 1Y Return | 44.83% | 23.74% |
| 3Y Return (Ann) | 10.94% | 0.03% |
| Sharpe Ratio | 1.40 | 1.37 |
| Sortino Ratio | 1.90 | 2.05 |
| Omega Ratio | 1.25 | 1.24 |
| Calmar Ratio | 1.93 | 1.22 |
| Martin Ratio | 5.29 | 7.67 |
| Ulcer Index | 9.18% | 3.54% |
| Daily Std Dev | 34.64% | 19.71% |
| Max Drawdown | -46.01% | -58.15% |
| Current Drawdown | -15.73% | -3.13% |
Correlation
The correlation between SOXQ and IJR is 0.63, 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
SOXQ vs. IJR - Performance Comparison
In the year-to-date period, SOXQ achieves a 19.73% return, which is significantly higher than IJR's 7.42% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SOXQ vs. IJR - Expense Ratio Comparison
SOXQ has a 0.00% expense ratio, which is lower than IJR's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SOXQ vs. IJR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco PHLX Semiconductor ETF (SOXQ) and iShares Core S&P Small-Cap ETF (IJR). 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
SOXQ vs. IJR - Dividend Comparison
SOXQ's dividend yield for the trailing twelve months is around 0.70%, less than IJR's 1.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOXQ Invesco PHLX Semiconductor ETF | 0.70% | 0.87% | 1.36% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IJR iShares Core S&P Small-Cap ETF | 1.31% | 1.31% | 1.41% | 1.53% | 1.11% | 1.44% | 1.58% | 1.20% | 1.21% | 1.48% | 1.23% | 1.00% |
Drawdowns
SOXQ vs. IJR - Drawdown Comparison
The maximum SOXQ drawdown since its inception was -46.01%, smaller than the maximum IJR drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for SOXQ and IJR. For additional features, visit the drawdowns tool.
Volatility
SOXQ vs. IJR - Volatility Comparison
Invesco PHLX Semiconductor ETF (SOXQ) has a higher volatility of 8.94% compared to iShares Core S&P Small-Cap ETF (IJR) at 4.23%. This indicates that SOXQ's price experiences larger fluctuations and is considered to be riskier than IJR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.