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SOXX vs. PHYS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

SOXX vs. PHYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Semiconductor ETF (SOXX) and Sprott Physical Gold Trust (PHYS). 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 98.11% return, which is significantly higher than PHYS's -3.85% return. Over the past 10 years, SOXX has outperformed PHYS with an annualized return of 35.55%, while PHYS has yielded a comparatively lower 11.42% 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%

PHYS

1D
0.19%
1M
-10.61%
YTD
-3.85%
6M
-3.47%
1Y
22.63%
3Y*
28.00%
5Y*
16.26%
10Y*
11.42%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SOXX vs. PHYS - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SOXX
iShares Semiconductor ETF
98.11%40.74%12.92%67.12%-35.09%44.09%52.72%62.42%-6.49%39.79%
PHYS
Sprott Physical Gold Trust
-3.85%63.95%26.43%12.98%-1.81%-4.84%23.89%18.14%-2.64%12.78%

Correlation

The correlation between SOXX and PHYS is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.21

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

0.14

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

0.12

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

0.05

Correlation (All Time)
Calculated using the full available price history since Feb 26, 2010

0.03

The correlation between SOXX and PHYS shifts across timeframes, from 0.03 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.

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Return for Risk

SOXX vs. PHYS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SOXX
SOXX Risk / Return Rank: 9696
Overall Rank
SOXX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
SOXX Sortino Ratio Rank: 9494
Sortino Ratio Rank
SOXX Omega Ratio Rank: 9494
Omega Ratio Rank
SOXX Calmar Ratio Rank: 9797
Calmar Ratio Rank
SOXX Martin Ratio Rank: 9797
Martin Ratio Rank

PHYS
PHYS Risk / Return Rank: 6464
Overall Rank
PHYS Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
PHYS Sortino Ratio Rank: 6060
Sortino Ratio Rank
PHYS Omega Ratio Rank: 6464
Omega Ratio Rank
PHYS Calmar Ratio Rank: 6262
Calmar Ratio Rank
PHYS Martin Ratio Rank: 6666
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. PHYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Semiconductor ETF (SOXX) and Sprott Physical Gold Trust (PHYS). 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.


SOXXPHYSDifference
Sharpe ratioReturn per unit of total volatility

+3.62

Sortino ratioReturn per unit of downside risk

+3.23

Omega ratioGain probability vs. loss probability

1.62

1.17

+0.45

Calmar ratioReturn relative to maximum drawdown

10.50

0.92

+9.58

Martin ratioReturn relative to average drawdown

38.20

2.64

+35.56

SOXX vs. PHYS - Sharpe Ratio Comparison

The current SOXX Sharpe Ratio is 4.43, which is higher than the PHYS Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of SOXX and PHYS, 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. PHYS - Drawdown Comparison

The maximum SOXX drawdown since its inception was -70.21%, which is greater than PHYS's maximum drawdown of -48.16%. Use the drawdown chart below to compare losses from any high point for SOXX and PHYS.


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Drawdown Indicators


SOXXPHYSDifference

Max Drawdown

Largest peak-to-trough decline

-70.21%

-48.16%

-22.05%

Max Drawdown (1Y)

Largest decline over 1 year

-15.77%

-24.80%

+9.03%

Max Drawdown (3Y)

Largest decline over 3 years

-41.36%

-24.80%

-16.56%

Max Drawdown (5Y)

Largest decline over 5 years

-45.75%

-24.80%

-20.95%

Max Drawdown (10Y)

Largest decline over 10 years

-45.75%

-24.80%

-20.95%

Current Drawdown

Current decline from peak

-3.16%

-22.43%

+19.27%

Average Drawdown

Average peak-to-trough decline

-19.95%

-20.99%

+1.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.33%

8.60%

-4.27%

Volatility

SOXX vs. PHYS - Volatility Comparison

iShares Semiconductor ETF (SOXX) has a higher volatility of 19.42% compared to Sprott Physical Gold Trust (PHYS) at 7.80%. This indicates that SOXX's price experiences larger fluctuations and is considered to be riskier than PHYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SOXXPHYSDifference

Volatility (1M)

Calculated over the trailing 1-month period

19.42%

7.80%

+11.62%

Volatility (6M)

Calculated over the trailing 6-month period

31.46%

24.75%

+6.71%

Volatility (1Y)

Calculated over the trailing 1-year period

37.35%

28.17%

+9.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

36.73%

18.53%

+18.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.77%

16.41%

+17.36%

Dividends

SOXX vs. PHYS - Dividend Comparison

SOXX's dividend yield for the trailing twelve months is around 0.28%, while PHYS has not paid dividends to shareholders.


PositionTTM20252024202320222021202020192018201720162015
PHYS
Sprott Physical Gold Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SOXX
iShares Semiconductor ETF
0.28%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 PHYS have a correlation of 0.21, 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 PHYS (7.80%). In terms of maximum drawdown, SOXX dropped -70.21% vs PHYS's -48.16%.

SOXX currently has the higher Sharpe Ratio (4.43 vs 0.81), 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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