TSEM vs. SOXQ
Compare and contrast key facts about Tower Semiconductor Ltd (TSEM) and Invesco PHLX Semiconductor ETF (SOXQ).
SOXQ is a passively managed fund by Invesco that tracks the performance of the PHLX / Semiconductor. It was launched on Jun 11, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSEM or SOXQ.
Correlation
The correlation between TSEM and SOXQ is 0.51, 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
TSEM vs. SOXQ - Performance Comparison
Key characteristics
TSEM:
0.06
SOXQ:
-0.13
TSEM:
0.55
SOXQ:
0.11
TSEM:
1.08
SOXQ:
1.01
TSEM:
0.09
SOXQ:
-0.15
TSEM:
0.51
SOXQ:
-0.36
TSEM:
15.93%
SOXQ:
16.78%
TSEM:
46.29%
SOXQ:
44.38%
TSEM:
-99.75%
SOXQ:
-46.01%
TSEM:
-93.65%
SOXQ:
-24.04%
Returns By Period
In the year-to-date period, TSEM achieves a -27.20% return, which is significantly lower than SOXQ's -10.18% return.
TSEM
-27.20%
6.23%
-18.27%
2.91%
13.32%
8.64%
SOXQ
-10.18%
5.55%
-15.29%
-5.57%
N/A
N/A
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Risk-Adjusted Performance
TSEM vs. SOXQ — Risk-Adjusted Performance Rank
TSEM
SOXQ
TSEM vs. SOXQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tower Semiconductor Ltd (TSEM) and Invesco PHLX Semiconductor ETF (SOXQ). 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
TSEM vs. SOXQ - Dividend Comparison
TSEM has not paid dividends to shareholders, while SOXQ's dividend yield for the trailing twelve months is around 0.76%.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
TSEM Tower Semiconductor Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXQ Invesco PHLX Semiconductor ETF | 0.76% | 0.68% | 0.87% | 1.36% | 0.73% |
Drawdowns
TSEM vs. SOXQ - Drawdown Comparison
The maximum TSEM drawdown since its inception was -99.75%, which is greater than SOXQ's maximum drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for TSEM and SOXQ. For additional features, visit the drawdowns tool.
Volatility
TSEM vs. SOXQ - Volatility Comparison
The current volatility for Tower Semiconductor Ltd (TSEM) is 10.50%, while Invesco PHLX Semiconductor ETF (SOXQ) has a volatility of 13.19%. This indicates that TSEM experiences smaller price fluctuations and is considered to be less risky than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.