PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
SOXX vs. IOO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SOXX vs. IOO

Last updated Jun 16, 2026

SOXX (iShares Semiconductor ETF) and IOO (iShares Global 100 ETF) are both exchange-traded funds - SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index, while IOO is a Global Equities fund tracking the S&P Global 100 Index (Net). Both are passively managed. Over the past 10 years, SOXX returned 36.39%/yr vs 16.76%/yr for IOO. A 0.70 correlation means they provide meaningful diversification when combined. SOXX charges 0.34%/yr vs 0.40%/yr for IOO.

Performance

SOXX vs. IOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Semiconductor ETF (SOXX) and iShares Global 100 ETF (IOO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, SOXX achieves a 108.91% return, which is significantly higher than IOO's 10.84% return. Over the past 10 years, SOXX has outperformed IOO with an annualized return of 36.39%, while IOO has yielded a comparatively lower 16.76% 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%

IOO

1D
1.54%
1M
-0.24%
YTD
10.84%
6M
12.35%
1Y
35.77%
3Y*
23.86%
5Y*
16.22%
10Y*
16.76%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SOXX vs. IOO - 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%
IOO
iShares Global 100 ETF		10.84%27.02%26.54%27.71%-16.34%26.03%18.61%30.01%-6.22%23.56%

Correlation

The correlation between SOXX and IOO is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

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

0.70

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

0.76

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

0.77

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

0.74

Correlation (All Time)
Calculated using the full available price history since Jul 13, 2001

0.70

The correlation between SOXX and IOO has been stable across timeframes, ranging from 0.70 to 0.77 - a consistent structural relationship.

SOXX vs. IOO - Sectors Allocation Comparison

Sectors
SOXX
IOO

Technology

100.0%
47.0%

Basic Materials

-

1.7%

Communication Services

-

10.8%

Consumer Cyclical

-

8.4%

Consumer Defensive

-

5.6%

Energy

-

3.6%

Financial Services

-

9.2%

Healthcare

-

8.4%

Industrials

-

4.8%

Real Estate

-

0.2%

Utilities

-

0.5%

Technology

SOXX
100.0%
IOO
47.0%

Basic Materials

SOXX

-

IOO
1.7%

Communication Services

SOXX

-

IOO
10.8%

Consumer Cyclical

SOXX

-

IOO
8.4%

Consumer Defensive

SOXX

-

IOO
5.6%

Energy

SOXX

-

IOO
3.6%

Financial Services

SOXX

-

IOO
9.2%

Healthcare

SOXX

-

IOO
8.4%

Industrials

SOXX

-

IOO
4.8%

Real Estate

SOXX

-

IOO
0.2%

Utilities

SOXX

-

IOO
0.5%

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 Global 100 ETF

Often compared with SOXX:
SOXX vs. SMHSOXX vs. QQQSOXX vs. SOXLSOXX vs. SOXQSOXX vs. FSELXSOXX vs. VGTSOXX vs. VOO
Often compared with IOO:
IOO vs. IVVIOO vs. SPYIOO vs. NDQ.AXIOO vs. OEFIOO vs. NDAQIOO vs. VGTIOO vs. MOAT

Return for Risk

SOXX vs. IOO — 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
IOO
IOO Risk / Return Rank: 8484
Overall Rank
IOO Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
IOO Sortino Ratio Rank: 8686
Sortino Ratio Rank
IOO Omega Ratio Rank: 8585
Omega Ratio Rank
IOO Calmar Ratio Rank: 7878
Calmar Ratio Rank
IOO Martin Ratio Rank: 8686
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. IOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Semiconductor ETF (SOXX) and iShares Global 100 ETF (IOO). 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.

SOXXIOODifference
Sharpe ratioReturn per unit of total volatility
4.99
2.55

+2.44

Sortino ratioReturn per unit of downside risk
4.74
3.43

+1.31

Omega ratioGain probability vs. loss probability

1.68

1.45

+0.22

Calmar ratioReturn relative to maximum drawdown

11.90

3.62

+8.28

Martin ratioReturn relative to average drawdown

43.29

16.01

+27.29

SOXX vs. IOO - Sharpe Ratio Comparison

The current SOXX Sharpe Ratio is 4.99, which is higher than the IOO Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of SOXX and IOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

SOXX vs. IOO - Drawdown Comparison

The maximum SOXX drawdown since its inception was -70.21%, which is greater than IOO's maximum drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for SOXX and IOO.

Loading charts...

Drawdown Indicators

SOXXIOODifference

Max Drawdown

Largest peak-to-trough decline

-70.21%

-55.85%

-14.36%

Max Drawdown (1Y)

Largest decline over 1 year

-15.77%

-9.94%

-5.83%

Max Drawdown (3Y)

Largest decline over 3 years

-41.36%

-19.19%

-22.17%

Max Drawdown (5Y)

Largest decline over 5 years

-45.75%

-23.52%

-22.23%

Max Drawdown (10Y)

Largest decline over 10 years

-45.75%

-31.43%

-14.32%

Current Drawdown

Current decline from peak

0.00%

-2.57%

+2.57%

Average Drawdown

Average peak-to-trough decline

-19.95%

-11.26%

-8.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.32%

2.24%

+2.08%

Volatility

SOXX vs. IOO - Volatility Comparison

iShares Semiconductor ETF (SOXX) has a higher volatility of 19.99% compared to iShares Global 100 ETF (IOO) at 5.00%. This indicates that SOXX's price experiences larger fluctuations and is considered to be riskier than IOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

SOXXIOODifference

Volatility (1M)

Calculated over the trailing 1-month period

19.99%

5.00%

+14.99%

Volatility (6M)

Calculated over the trailing 6-month period

31.81%

11.40%

+20.41%

Volatility (1Y)

Calculated over the trailing 1-year period

37.63%

14.10%

+23.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

36.81%

17.14%

+19.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.82%

17.81%

+16.01%

SOXX vs. IOO - Expense Ratio Comparison

SOXX has a 0.34% expense ratio, which is lower than IOO's 0.40% expense ratio.

Dividends

SOXX vs. IOO - Dividend Comparison

SOXX's dividend yield for the trailing twelve months is around 0.31%, less than IOO's 1.35% yield.

PositionTTM20252024202320222021202020192018201720162015
IOO
iShares Global 100 ETF		1.35%0.92%1.08%1.49%2.00%1.53%1.49%2.02%2.54%2.23%2.75%2.89%
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 IOO have a correlation of 0.70, 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 IOO (5.00%). In terms of maximum drawdown, SOXX dropped -70.21% vs IOO's -55.85%.

On 10-year performance, SOXX leads with 36.39% vs 16.76% for IOO. On fees, SOXX is cheaper at 0.34% per year. On volatility, IOO has been the lower-risk option at 5.00%. 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 16.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SOXX is cheaper with a 0.34% expense ratio, compared with 0.40% for IOO.

IOO has the higher dividend yield at 1.35%, compared with 0.31% for SOXX.

SOXX is categorized as Semiconductors, while IOO is Global Equities. SOXX tracks NYSE Semiconductor Index, while IOO tracks S&P Global 100 Index (Net). Their fees differ too: 0.34% for SOXX and 0.40% for IOO.

SOXX currently has the higher Sharpe Ratio (4.99 vs 2.55), 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

Find the right allocation for SOXX and IOO

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