SOXX vs. IGSB
SOXX (iShares Semiconductor ETF) and IGSB (iShares Short-Term Corporate Bond ETF) are both exchange-traded funds - SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index, while IGSB is a Corporate Bonds fund tracking the ICE BofAML 1-5 Year US Corporate Index. Both are passively managed. Over the past 10 years, SOXX returned 36.39%/yr vs 2.74%/yr for IGSB. At a 0.04 correlation, their price movements are largely independent. SOXX charges 0.34%/yr vs 0.06%/yr for IGSB.
Performance
SOXX vs. IGSB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SOXX achieves a 108.91% return, which is significantly higher than IGSB's 0.93% return. Over the past 10 years, SOXX has outperformed IGSB with an annualized return of 36.39%, while IGSB has yielded a comparatively lower 2.74% 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%
IGSB
- 1D
- 0.06%
- 1M
- 0.61%
- YTD
- 0.93%
- 6M
- 1.24%
- 1Y
- 4.76%
- 3Y*
- 5.77%
- 5Y*
- 2.49%
- 10Y*
- 2.74%
SOXX vs. IGSB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SOXX iShares Semiconductor ETF | 108.91% | 40.74% | 12.92% | 67.12% | -35.09% | 44.09% | 52.72% | 62.42% | -6.49% | 39.79% |
IGSB iShares Short-Term Corporate Bond ETF | 0.93% | 6.96% | 4.97% | 6.40% | -5.63% | -0.56% | 5.37% | 7.11% | 1.25% | 1.27% |
Correlation
The correlation between SOXX and IGSB is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2007 | 0.04 |
The correlation between SOXX and IGSB shifts across timeframes, from 0.04 (all time) to 0.20 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SOXX vs. IGSB — Risk / Return Rank
SOXX
IGSB
SOXX vs. IGSB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Semiconductor ETF (SOXX) and iShares Short-Term Corporate Bond ETF (IGSB). 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 | IGSB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 1.51 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 11.90 | 3.28 | +8.62 |
| Martin ratioReturn relative to average drawdown | 43.29 | 13.21 | +30.08 |
Loading charts...
Drawdowns
SOXX vs. IGSB - Drawdown Comparison
The maximum SOXX drawdown since its inception was -70.21%, which is greater than IGSB's maximum drawdown of -13.38%. Use the drawdown chart below to compare losses from any high point for SOXX and IGSB.
Loading charts...
Drawdown Indicators
| SOXX | IGSB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.21% | -13.38% | -56.83% |
Max Drawdown (1Y)Largest decline over 1 year | -15.77% | -1.46% | -14.31% |
Max Drawdown (3Y)Largest decline over 3 years | -41.36% | -1.46% | -39.90% |
Max Drawdown (5Y)Largest decline over 5 years | -45.75% | -9.46% | -36.29% |
Max Drawdown (10Y)Largest decline over 10 years | -45.75% | -13.38% | -32.37% |
Current DrawdownCurrent decline from peak | 0.00% | -0.11% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -19.95% | -0.85% | -19.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.32% | 0.36% | +3.96% |
Volatility
SOXX vs. IGSB - Volatility Comparison
iShares Semiconductor ETF (SOXX) has a higher volatility of 19.99% compared to iShares Short-Term Corporate Bond ETF (IGSB) at 0.66%. This indicates that SOXX's price experiences larger fluctuations and is considered to be riskier than IGSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SOXX | IGSB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.99% | 0.66% | +19.33% |
Volatility (6M)Calculated over the trailing 6-month period | 31.81% | 1.46% | +30.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.63% | 1.92% | +35.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.81% | 2.94% | +33.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.82% | 3.47% | +30.35% |
SOXX vs. IGSB - Expense Ratio Comparison
SOXX has a 0.34% expense ratio, which is higher than IGSB's 0.06% expense ratio.
Dividends
SOXX vs. IGSB - Dividend Comparison
SOXX's dividend yield for the trailing twelve months is around 0.31%, less than IGSB's 4.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGSB iShares Short-Term Corporate Bond ETF | 4.57% | 4.44% | 4.02% | 3.26% | 2.07% | 1.82% | 2.36% | 3.06% | 2.46% | 1.65% | 1.45% | 1.18% |
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 IGSB have a correlation of 0.18, 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 IGSB (0.66%). In terms of maximum drawdown, SOXX dropped -70.21% vs IGSB's -13.38%.
On 10-year performance, SOXX leads with 36.39% vs 2.74% for IGSB. On fees, IGSB is cheaper at 0.06% per year. On volatility, IGSB has been the lower-risk option at 0.66%. 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 2.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGSB is cheaper with a 0.06% expense ratio, compared with 0.34% for SOXX.
IGSB has the higher dividend yield at 4.57%, compared with 0.31% for SOXX.
SOXX is categorized as Semiconductors, while IGSB is Corporate Bonds. SOXX tracks NYSE Semiconductor Index, while IGSB tracks ICE BofAML 1-5 Year US Corporate Index. Their fees differ too: 0.34% for SOXX and 0.06% for IGSB.
SOXX currently has the higher Sharpe Ratio (4.99 vs 2.50), 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.
Find the right allocation for SOXX and IGSB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer