XITK vs. SOXX

Last updated Jun 26, 2026

XITK (SPDR FactSet Innovative Technology ETF) and SOXX (iShares Semiconductor ETF) are both exchange-traded funds - XITK is a Technology Equities fund tracking the FactSet Innovative Technology Index, while SOXX is a Semiconductors fund tracking the NYSE Semiconductor Index. Both are passively managed. Over the past 10 years, XITK returned 13.96%/yr vs 37.13%/yr for SOXX. A 0.69 correlation means they provide meaningful diversification when combined. XITK charges 0.45%/yr vs 0.34%/yr for SOXX.

Performance

XITK vs. SOXX - Performance Comparison

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

Returns By Period

In the year-to-date period, XITK achieves a 1.90% return, which is significantly lower than SOXX's 107.83% return. Over the past 10 years, XITK has underperformed SOXX with an annualized return of 13.96%, while SOXX has yielded a comparatively higher 37.13% annualized return.

XITK

• 1D: -1.25%
• 1M: -8.08%
• YTD: 1.90%
• 6M: 0.34%
• 1Y: -0.80%
• 3Y*: 13.32%
• 5Y*: -4.43%
• 10Y*: 13.96%

SOXX

• 1D: 3.94%
• 1M: 9.72%
• YTD: 107.83%
• 6M: 104.44%
• 1Y: 164.79%
• 3Y*: 57.87%
• 5Y*: 34.72%
• 10Y*: 37.13%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XITK vs. SOXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XITK SPDR FactSet Innovative Technology ETF	1.90%	2.53%	19.12%	45.87%	-47.45%	-11.24%	90.22%	36.98%	7.60%	36.01%
SOXX iShares Semiconductor ETF	107.83%	40.74%	12.92%	67.12%	-35.09%	44.09%	52.72%	62.42%	-6.49%	39.79%

Correlation

The correlation between XITK and SOXX is 0.54, 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	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.70
Correlation (All Time) Calculated using the full available price history since Jan 14, 2016	0.69

The correlation between XITK and SOXX shifts across timeframes, from 0.54 (1 year) to 0.71 (5 years), reflecting how their relationship changes across market environments.

XITK vs. SOXX - Sectors Allocation Comparison

Sectors	XITK	SOXX
Technology	82.4%	100.0%
Communication Services	10.4%	-
Healthcare	3.1%	-
Industrials	1.6%	-
Financial Services	1.3%	-
Consumer Cyclical	0.8%	-
Real Estate	0.4%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Utilities	-	-

Return for Risk

XITK vs. SOXX — Risk / Return Rank

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

XITK

XITK Risk / Return Rank: 9
XITK Sharpe Ratio Rank: 9
XITK Sortino Ratio Rank: 9
XITK Omega Ratio Rank: 9
XITK Calmar Ratio Rank: 9
XITK Martin Ratio Rank: 9

SOXX

SOXX Risk / Return Rank: 96
SOXX Sharpe Ratio Rank: 97
SOXX Sortino Ratio Rank: 94
SOXX Omega Ratio Rank: 94
SOXX Calmar Ratio Rank: 98
SOXX Martin Ratio Rank: 97

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.

XITK vs. SOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR FactSet Innovative Technology ETF (XITK) and iShares 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.

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.

	XITK	SOXX	Difference
Sharpe ratio: Return per unit of total volatility	-0.03	4.20	-4.23
Sortino ratio: Return per unit of downside risk	0.15	4.10	-3.95
Omega ratio: Gain probability vs. loss probability	1.02	1.59	-0.57
Calmar ratio: Return relative to maximum drawdown	-0.03	10.52	-10.55
Martin ratio: Return relative to average drawdown	-0.07	37.47	-37.54

XITK vs. SOXX - Sharpe Ratio Comparison

The current XITK Sharpe Ratio is -0.03, which is lower than the SOXX Sharpe Ratio of 4.20. The chart below compares the historical Sharpe Ratios of XITK and SOXX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XITK vs. SOXX - Drawdown Comparison

The maximum XITK drawdown since its inception was -65.56%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for XITK and SOXX.

Drawdown Indicators

	XITK	SOXX	Difference
Max Drawdown Largest peak-to-trough decline	-65.56%	-70.21%	+4.65%
Max Drawdown (1Y) Largest decline over 1 year	-28.03%	-15.77%	-12.26%
Max Drawdown (3Y) Largest decline over 3 years	-28.18%	-41.36%	+13.18%
Max Drawdown (5Y) Largest decline over 5 years	-61.53%	-45.75%	-15.78%
Max Drawdown (10Y) Largest decline over 10 years	-65.56%	-45.75%	-19.81%
Current Drawdown Current decline from peak	-30.52%	-4.55%	-25.97%
Average Drawdown Average peak-to-trough decline	-22.10%	-19.93%	-2.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.17%	4.42%	+7.75%

Volatility

XITK vs. SOXX - Volatility Comparison

The current volatility for SPDR FactSet Innovative Technology ETF (XITK) is 12.20%, while iShares Semiconductor ETF (SOXX) has a volatility of 22.27%. This indicates that XITK 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.

Volatility by Period

	XITK	SOXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.20%	22.27%	-10.07%
Volatility (6M) Calculated over the trailing 6-month period	23.82%	33.54%	-9.72%
Volatility (1Y) Calculated over the trailing 1-year period	27.92%	39.44%	-11.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.88%	37.24%	-4.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.71%	34.00%	-4.29%

XITK vs. SOXX - Expense Ratio Comparison

XITK has a 0.45% expense ratio, which is higher than SOXX's 0.34% expense ratio.

Dividends

XITK vs. SOXX - Dividend Comparison

XITK has not paid dividends to shareholders, while SOXX's dividend yield for the trailing twelve months is around 0.23%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SOXX iShares Semiconductor ETF	0.23%	0.57%	0.67%	0.78%	1.26%	0.64%	0.81%	1.23%	1.37%	0.90%	1.08%	1.29%
XITK SPDR FactSet Innovative Technology ETF	0.00%	0.00%	0.00%	0.08%	0.11%	0.00%	0.06%	0.14%	1.50%	1.74%	1.88%	0.00%

Frequently Asked Questions

Can I hold both XITK and SOXX in my portfolio?

XITK and SOXX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XITK or SOXX?

SOXX has higher volatility (22.27%) compared to XITK (12.20%). In terms of maximum drawdown, XITK dropped -65.56% vs SOXX's -70.21%.

Which ETF is better, XITK or SOXX?

On 10-year performance, SOXX leads with 37.13% vs 13.96% for XITK. On fees, SOXX is cheaper at 0.34% per year. On volatility, XITK has been the lower-risk option at 12.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XITK or SOXX?

Over the 10-year period, SOXX has performed better with a 37.13% return vs 13.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XITK or SOXX?

SOXX is cheaper with a 0.34% expense ratio, compared with 0.45% for XITK.

Which ETF pays a higher dividend yield, XITK or SOXX?

SOXX has the higher dividend yield at 0.23%, compared with 0.00% for XITK.

What is the main difference between XITK and SOXX?

XITK is categorized as Technology Equities, while SOXX is Semiconductors. XITK tracks FactSet Innovative Technology Index, while SOXX tracks NYSE Semiconductor Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.45% for XITK and 0.34% for SOXX.

Which has better risk-adjusted returns?

SOXX currently has the higher Sharpe Ratio (4.20 vs -0.03), 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.