WAT vs. SOXX
Compare and contrast key facts about Waters Corporation (WAT) and iShares PHLX Semiconductor ETF (SOXX).
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: WAT or SOXX.
Key characteristics
| WAT | SOXX | |
|---|---|---|
| YTD Return | 14.42% | 14.19% |
| 1Y Return | 41.13% | 28.79% |
| 3Y Return (Ann) | 2.92% | 8.78% |
| 5Y Return (Ann) | 11.66% | 23.79% |
| 10Y Return (Ann) | 12.88% | 23.77% |
| Sharpe Ratio | 1.33 | 0.87 |
| Sortino Ratio | 2.30 | 1.32 |
| Omega Ratio | 1.28 | 1.17 |
| Calmar Ratio | 1.18 | 1.19 |
| Martin Ratio | 4.96 | 3.02 |
| Ulcer Index | 9.20% | 9.86% |
| Daily Std Dev | 34.36% | 34.13% |
| Max Drawdown | -80.12% | -70.21% |
| Current Drawdown | -11.30% | -17.60% |
Correlation
The correlation between WAT and SOXX is 0.48, 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
WAT vs. SOXX - Performance Comparison
The year-to-date returns for both stocks are quite close, with WAT having a 14.42% return and SOXX slightly lower at 14.19%. Over the past 10 years, WAT has underperformed SOXX with an annualized return of 12.88%, while SOXX has yielded a comparatively higher 23.77% annualized 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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Risk-Adjusted Performance
WAT vs. SOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Waters Corporation (WAT) 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
WAT vs. SOXX - Dividend Comparison
WAT has not paid dividends to shareholders, while SOXX's dividend yield for the trailing twelve months is around 0.67%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAT Waters Corporation | 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 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
WAT vs. SOXX - Drawdown Comparison
The maximum WAT drawdown since its inception was -80.12%, which is greater than SOXX's maximum drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for WAT and SOXX. For additional features, visit the drawdowns tool.
Volatility
WAT vs. SOXX - Volatility Comparison
Waters Corporation (WAT) has a higher volatility of 19.19% compared to iShares PHLX Semiconductor ETF (SOXX) at 8.24%. This indicates that WAT's price experiences larger fluctuations and is considered to be riskier than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.