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SOXX vs. CAIE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SOXX vs. CAIE

Last updated Jun 16, 2026

SOXX (iShares Semiconductor ETF) and CAIE (Calamos Autocallable Income ETF) are both exchange-traded funds - SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index, while CAIE is a Derivative Income fund tracking the MerQube US Large Cap Vol Advantage Autocallable Index. Both are passively managed. A 0.64 correlation means they provide meaningful diversification when combined. SOXX charges 0.34%/yr vs 0.74%/yr for CAIE.

Performance

SOXX vs. CAIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Semiconductor ETF (SOXX) and Calamos Autocallable Income ETF (CAIE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SOXX achieves a 108.91% return, which is significantly higher than CAIE's 8.63% return.

SOXX

1D
5.45%
1M
23.64%
YTD
108.91%
6M
111.42%
1Y
186.37%
3Y*
55.91%
5Y*
35.21%
10Y*
36.39%

CAIE

1D
1.15%
1M
1.01%
YTD
8.63%
6M
9.20%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SOXX vs. CAIE - Yearly Performance Comparison

2026 (YTD)2025
SOXX
iShares Semiconductor ETF		108.91%28.55%
CAIE
Calamos Autocallable Income ETF		8.63%15.12%

Correlation

The correlation between SOXX and CAIE is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jun 25, 2025

0.64

SOXX vs. CAIE - Sectors Allocation Comparison

Sectors
SOXX
CAIE

Technology

100.0%

-

Basic Materials

-

13.2%

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Utilities

-

-

Technology

SOXX
100.0%
CAIE

-

Basic Materials

SOXX

-

CAIE
13.2%

Communication Services

SOXX

-

CAIE

-

Consumer Cyclical

SOXX

-

CAIE

-

Consumer Defensive

SOXX

-

CAIE

-

Energy

SOXX

-

CAIE

-

Financial Services

SOXX

-

CAIE

-

Healthcare

SOXX

-

CAIE

-

Industrials

SOXX

-

CAIE

-

Real Estate

SOXX

-

CAIE

-

Utilities

SOXX

-

CAIE

-

Compare stocks, funds, or ETFs

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

iShares Semiconductor ETF

Calamos Autocallable Income ETF

Often compared with SOXX:
SOXX vs. SMHSOXX vs. QQQSOXX vs. SOXLSOXX vs. SOXQSOXX vs. FSELXSOXX vs. VGTSOXX vs. VOO
Often compared with CAIE:
CAIE vs. CMPCAIE vs. SPYCAIE vs. CAIQCAIE vs. SBARCAIE vs. SPYICAIE vs. XVCAIE vs. GPIQ

Return for Risk

SOXX vs. CAIE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SOXX
SOXX Risk / Return Rank: 9797
Overall Rank
SOXX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
SOXX Sortino Ratio Rank: 9595
Sortino Ratio Rank
SOXX Omega Ratio Rank: 9595
Omega Ratio Rank
SOXX Calmar Ratio Rank: 9898
Calmar Ratio Rank
SOXX Martin Ratio Rank: 9797
Martin Ratio Rank
CAIE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

SOXX vs. CAIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Semiconductor ETF (SOXX) and Calamos Autocallable Income ETF (CAIE). 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.

SOXXCAIEDifference
Sharpe ratioReturn per unit of total volatility
4.99

—

—

Sortino ratioReturn per unit of downside risk
4.74

—

—

Omega ratioGain probability vs. loss probability

1.68

—

—

Calmar ratioReturn relative to maximum drawdown

11.90

—

—

Martin ratioReturn relative to average drawdown

43.29

—

—

SOXX vs. CAIE - Sharpe Ratio Comparison

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Drawdowns

SOXX vs. CAIE - Drawdown Comparison

The maximum SOXX drawdown since its inception was -70.21%, which is greater than CAIE's maximum drawdown of -7.73%. Use the drawdown chart below to compare losses from any high point for SOXX and CAIE.

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Drawdown Indicators

SOXXCAIEDifference

Max Drawdown

Largest peak-to-trough decline

-70.21%

-7.73%

-62.48%

Max Drawdown (1Y)

Largest decline over 1 year

-15.77%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-41.36%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-45.75%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-45.75%

—

—

Current Drawdown

Current decline from peak

0.00%

-0.80%

+0.80%

Average Drawdown

Average peak-to-trough decline

-19.95%

-1.08%

-18.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.32%

—

—

Volatility

SOXX vs. CAIE - Volatility Comparison

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Volatility by Period

SOXXCAIEDifference

Volatility (1M)

Calculated over the trailing 1-month period

19.99%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

31.81%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

37.63%

12.08%

+25.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

36.81%

12.08%

+24.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.82%

12.08%

+21.74%

SOXX vs. CAIE - Expense Ratio Comparison

SOXX has a 0.34% expense ratio, which is lower than CAIE's 0.74% expense ratio.

Dividends

SOXX vs. CAIE - Dividend Comparison

SOXX's dividend yield for the trailing twelve months is around 0.31%, less than CAIE's 13.15% yield.

PositionTTM20252024202320222021202020192018201720162015
CAIE
Calamos Autocallable Income ETF		13.15%7.46%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SOXX
iShares Semiconductor ETF		0.31%0.57%0.67%0.78%1.26%0.64%0.81%1.23%1.37%0.90%1.08%1.29%

Frequently Asked Questions

SOXX and CAIE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SOXX is cheaper at 0.34% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SOXX is cheaper with a 0.34% expense ratio, compared with 0.74% for CAIE.

CAIE has the higher dividend yield at 13.15%, compared with 0.31% for SOXX.

SOXX is categorized as Semiconductors, while CAIE is Derivative Income. SOXX tracks NYSE Semiconductor Index, while CAIE tracks MerQube US Large Cap Vol Advantage Autocallable Index. They also come from different issuers: iShares and Calamos. Their fees differ too: 0.34% for SOXX and 0.74% for CAIE.

Portfolio Optimizer

Find the right allocation for SOXX and CAIE

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