SOXX vs. BTC-USD
SOXX (iShares Semiconductor ETF) is Semiconductors fund tracking the NYSE Semiconductor Index, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, SOXX returned 35.55%/yr vs 57.32%/yr for BTC-USD. At a 0.13 correlation, their price movements are largely independent.
Performance
SOXX vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, SOXX achieves a 98.11% return, which is significantly higher than BTC-USD's -27.32% return. Over the past 10 years, SOXX has underperformed BTC-USD with an annualized return of 35.55%, while BTC-USD has yielded a comparatively higher 57.32% annualized return.
SOXX
- 1D
- 1.59%
- 1M
- 12.86%
- YTD
- 98.11%
- 6M
- 99.51%
- 1Y
- 164.50%
- 3Y*
- 53.00%
- 5Y*
- 33.69%
- 10Y*
- 35.55%
BTC-USD
- 1D
- 0.05%
- 1M
- -19.79%
- YTD
- -27.32%
- 6M
- -29.56%
- 1Y
- -39.85%
- 3Y*
- 34.86%
- 5Y*
- 10.27%
- 10Y*
- 57.32%
SOXX vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SOXX iShares Semiconductor ETF | 98.11% | 40.74% | 12.92% | 67.12% | -35.09% | 44.09% | 52.72% | 62.42% | -6.49% | 39.79% |
BTC-USD Bitcoin | -27.32% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between SOXX and BTC-USD is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2012 | 0.13 |
Over the past year, SOXX and BTC-USD have become more correlated (0.36) than their long-term average of 0.13, meaning their price movements have been converging.
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Return for Risk
SOXX vs. BTC-USD — Risk / Return Rank
SOXX
BTC-USD
SOXX vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Semiconductor ETF (SOXX) 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.
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.
| SOXX | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.36 | ||
| Sortino ratioReturn per unit of downside risk | +5.68 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 0.87 | +0.75 |
| Calmar ratioReturn relative to maximum drawdown | 10.50 | -0.78 | +11.28 |
| Martin ratioReturn relative to average drawdown | 38.20 | -1.36 | +39.56 |
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Drawdowns
SOXX vs. BTC-USD - Drawdown Comparison
The maximum SOXX drawdown since its inception was -70.21%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for SOXX and BTC-USD.
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Drawdown Indicators
| SOXX | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.21% | -85.30% | +15.09% |
Max Drawdown (1Y)Largest decline over 1 year | -15.77% | -51.21% | +35.44% |
Max Drawdown (3Y)Largest decline over 3 years | -41.36% | -51.21% | +9.85% |
Max Drawdown (5Y)Largest decline over 5 years | -45.75% | -76.67% | +30.92% |
Max Drawdown (10Y)Largest decline over 10 years | -45.75% | -83.80% | +38.05% |
Current DrawdownCurrent decline from peak | -3.16% | -49.01% | +45.85% |
Average DrawdownAverage peak-to-trough decline | -19.95% | -42.35% | +22.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.33% | 35.02% | -30.69% |
Volatility
SOXX vs. BTC-USD - Volatility Comparison
iShares Semiconductor ETF (SOXX) has a higher volatility of 19.42% compared to Bitcoin (BTC-USD) at 12.11%. This indicates that SOXX'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
| SOXX | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.42% | 12.11% | +7.31% |
Volatility (6M)Calculated over the trailing 6-month period | 31.46% | 34.59% | -3.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.35% | 35.62% | +1.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.73% | 44.71% | -7.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.77% | 56.62% | -22.85% |
Frequently Asked Questions
SOXX and BTC-USD have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOXX has higher volatility (19.42%) compared to BTC-USD (12.11%). In terms of maximum drawdown, SOXX dropped -70.21% vs BTC-USD's -85.30%.
SOXX currently has the higher Sharpe Ratio (4.43 vs -0.93), 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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