TNVIX vs. SOXX
Compare and contrast key facts about 1290 GAMCO Small/Mid Cap Value Fund (TNVIX) and iShares PHLX Semiconductor ETF (SOXX).
TNVIX is managed by 1290 Funds. It was launched on Nov 12, 2014. SOXX is a passively managed fund by iShares that tracks the performance of the PHLX Semiconductor Sector Index. It was launched on Jul 10, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TNVIX or SOXX.
Key characteristics
| TNVIX | SOXX | |
|---|---|---|
| YTD Return | 6.04% | 13.64% |
| 1Y Return | 16.90% | 37.50% |
| 3Y Return (Ann) | 6.67% | 12.74% |
| 5Y Return (Ann) | 10.52% | 26.50% |
| Sharpe Ratio | 0.88 | 1.08 |
| Daily Std Dev | 18.95% | 33.67% |
| Max Drawdown | -44.10% | -70.21% |
| Current Drawdown | -3.27% | -17.99% |
Correlation
The correlation between TNVIX and SOXX is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TNVIX vs. SOXX - Performance Comparison
In the year-to-date period, TNVIX achieves a 6.04% return, which is significantly lower than SOXX's 13.64% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TNVIX vs. SOXX - Expense Ratio Comparison
TNVIX has a 0.95% expense ratio, which is higher than SOXX's 0.46% expense ratio.
Risk-Adjusted Performance
TNVIX vs. SOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for 1290 GAMCO Small/Mid Cap Value Fund (TNVIX) and iShares PHLX Semiconductor ETF (SOXX). 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.
Dividends
TNVIX vs. SOXX - Dividend Comparison
TNVIX's dividend yield for the trailing twelve months is around 3.57%, more than SOXX's 0.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TNVIX 1290 GAMCO Small/Mid Cap Value Fund | 3.57% | 3.79% | 2.51% | 7.05% | 0.47% | 1.73% | 1.58% | 2.33% | 1.79% | 0.27% | 0.72% | 0.00% |
SOXX iShares PHLX Semiconductor ETF | 0.67% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% | 1.18% |
Drawdowns
TNVIX vs. SOXX - Drawdown Comparison
The maximum TNVIX drawdown since its inception was -44.10%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for TNVIX and SOXX. For additional features, visit the drawdowns tool.
Volatility
TNVIX vs. SOXX - Volatility Comparison
The current volatility for 1290 GAMCO Small/Mid Cap Value Fund (TNVIX) is 5.73%, while iShares PHLX Semiconductor ETF (SOXX) has a volatility of 12.64%. This indicates that TNVIX experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.