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SOXX vs. HDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SOXX vs. HDV

Last updated Jun 16, 2026

SOXX (iShares Semiconductor ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. Both are passively managed. Over the past 10 years, SOXX returned 36.39%/yr vs 9.36%/yr for HDV. At a 0.46 correlation, their price movements are largely independent. SOXX charges 0.34%/yr vs 0.08%/yr for HDV.

Performance

SOXX vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Semiconductor ETF (SOXX) and iShares Core High Dividend ETF (HDV). 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 HDV's 14.11% return. Over the past 10 years, SOXX has outperformed HDV with an annualized return of 36.39%, while HDV has yielded a comparatively lower 9.36% annualized 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%

HDV

1D
-1.03%
1M
1.04%
YTD
14.11%
6M
13.57%
1Y
20.60%
3Y*
14.34%
5Y*
10.83%
10Y*
9.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SOXX vs. HDV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SOXX
iShares Semiconductor ETF		108.91%40.74%12.92%67.12%-35.09%44.09%52.72%62.42%-6.49%39.79%
HDV
iShares Core High Dividend ETF		14.11%11.90%14.16%1.72%7.05%19.45%-6.48%20.22%-3.01%13.40%

Correlation

The correlation between SOXX and HDV is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.01

Correlation (3Y)
Calculated over the trailing 3-year period

0.12

Correlation (5Y)
Calculated over the trailing 5-year period

0.29

Correlation (10Y)
Calculated over the trailing 10-year period

0.39

Correlation (All Time)
Calculated using the full available price history since Mar 31, 2011

0.46

The correlation between SOXX and HDV shifts across timeframes, from -0.01 (1 year) to 0.46 (all time), reflecting how their relationship changes across market environments.

SOXX vs. HDV - Sectors Allocation Comparison

Sectors
SOXX
HDV

Technology

100.0%
9.7%

Basic Materials

-

1.1%

Communication Services

-

0.1%

Consumer Cyclical

-

6.0%

Consumer Defensive

-

24.2%

Energy

-

21.0%

Financial Services

-

10.8%

Healthcare

-

17.0%

Industrials

-

1.3%

Real Estate

-

-

Utilities

-

8.9%

Technology

SOXX
100.0%
HDV
9.7%

Basic Materials

SOXX

-

HDV
1.1%

Communication Services

SOXX

-

HDV
0.1%

Consumer Cyclical

SOXX

-

HDV
6.0%

Consumer Defensive

SOXX

-

HDV
24.2%

Energy

SOXX

-

HDV
21.0%

Financial Services

SOXX

-

HDV
10.8%

Healthcare

SOXX

-

HDV
17.0%

Industrials

SOXX

-

HDV
1.3%

Real Estate

SOXX

-

HDV

-

Utilities

SOXX

-

HDV
8.9%

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

iShares Core High Dividend ETF

Often compared with SOXX:
SOXX vs. SMHSOXX vs. QQQSOXX vs. SOXLSOXX vs. SOXQSOXX vs. FSELXSOXX vs. VGTSOXX vs. VOO
Often compared with HDV:
HDV vs. SCHDHDV vs. VYMHDV vs. SPYDHDV vs. DGROHDV vs. DVYHDV vs. VIGHDV vs. SPY

Return for Risk

SOXX vs. HDV — 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
HDV
HDV Risk / Return Rank: 7474
Overall Rank
HDV Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
HDV Sortino Ratio Rank: 7979
Sortino Ratio Rank
HDV Omega Ratio Rank: 6868
Omega Ratio Rank
HDV Calmar Ratio Rank: 8383
Calmar Ratio Rank
HDV Martin Ratio Rank: 6767
Martin Ratio Rank
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. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Semiconductor ETF (SOXX) and iShares Core High Dividend ETF (HDV). 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.

SOXXHDVDifference
Sharpe ratioReturn per unit of total volatility
4.99
2.12

+2.88

Sortino ratioReturn per unit of downside risk
4.74
3.12

+1.62

Omega ratioGain probability vs. loss probability

1.68

1.36

+0.32

Calmar ratioReturn relative to maximum drawdown

11.90

4.00

+7.90

Martin ratioReturn relative to average drawdown

43.29

11.07

+32.22

SOXX vs. HDV - Sharpe Ratio Comparison

The current SOXX Sharpe Ratio is 4.99, which is higher than the HDV Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of SOXX and HDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

SOXX vs. HDV - Drawdown Comparison

The maximum SOXX drawdown since its inception was -70.21%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for SOXX and HDV.

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Drawdown Indicators

SOXXHDVDifference

Max Drawdown

Largest peak-to-trough decline

-70.21%

-37.04%

-33.17%

Max Drawdown (1Y)

Largest decline over 1 year

-15.77%

-5.18%

-10.59%

Max Drawdown (3Y)

Largest decline over 3 years

-41.36%

-10.49%

-30.87%

Max Drawdown (5Y)

Largest decline over 5 years

-45.75%

-15.42%

-30.33%

Max Drawdown (10Y)

Largest decline over 10 years

-45.75%

-37.04%

-8.71%

Current Drawdown

Current decline from peak

0.00%

-1.31%

+1.31%

Average Drawdown

Average peak-to-trough decline

-19.95%

-3.08%

-16.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.32%

1.87%

+2.45%

Volatility

SOXX vs. HDV - Volatility Comparison

iShares Semiconductor ETF (SOXX) has a higher volatility of 19.99% compared to iShares Core High Dividend ETF (HDV) at 3.28%. This indicates that SOXX's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SOXXHDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

19.99%

3.28%

+16.71%

Volatility (6M)

Calculated over the trailing 6-month period

31.81%

7.53%

+24.28%

Volatility (1Y)

Calculated over the trailing 1-year period

37.63%

9.79%

+27.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

36.81%

12.84%

+23.97%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.82%

15.74%

+18.08%

SOXX vs. HDV - Expense Ratio Comparison

SOXX has a 0.34% expense ratio, which is higher than HDV's 0.08% expense ratio.

Dividends

SOXX vs. HDV - Dividend Comparison

SOXX's dividend yield for the trailing twelve months is around 0.31%, less than HDV's 3.56% yield.

PositionTTM20252024202320222021202020192018201720162015
HDV
iShares Core High Dividend ETF		3.56%3.22%3.67%3.82%3.56%3.47%4.07%3.27%3.67%3.27%3.28%3.92%
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 HDV have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SOXX has higher volatility (19.99%) compared to HDV (3.28%). In terms of maximum drawdown, SOXX dropped -70.21% vs HDV's -37.04%.

On 10-year performance, SOXX leads with 36.39% vs 9.36% for HDV. On fees, HDV is cheaper at 0.08% per year. On volatility, HDV has been the lower-risk option at 3.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, SOXX has performed better with a 36.39% return vs 9.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

HDV is cheaper with a 0.08% expense ratio, compared with 0.34% for SOXX.

HDV has the higher dividend yield at 3.56%, compared with 0.31% for SOXX.

SOXX is categorized as Semiconductors, while HDV is Dividend. SOXX tracks NYSE Semiconductor Index, while HDV tracks Morningstar Dividend Yield Focus Index. Their fees differ too: 0.34% for SOXX and 0.08% for HDV.

SOXX currently has the higher Sharpe Ratio (4.99 vs 2.12), 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.

Portfolio Optimizer

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