^UTY vs. SOXX
Compare and contrast key facts about PHLX Utility Sector Index (^UTY) 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: ^UTY or SOXX.
Key characteristics
| ^UTY | SOXX | |
|---|---|---|
| YTD Return | 20.90% | 11.43% |
| 1Y Return | 21.74% | 26.08% |
| 3Y Return (Ann) | 2.51% | 11.89% |
| 5Y Return (Ann) | 3.98% | 25.96% |
| 10Y Return (Ann) | 5.85% | 23.33% |
| Sharpe Ratio | 1.20 | 0.80 |
| Daily Std Dev | 17.57% | 33.24% |
| Max Drawdown | -48.16% | -70.21% |
| Current Drawdown | -3.93% | -19.58% |
Correlation
The correlation between ^UTY and SOXX is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^UTY vs. SOXX - Performance Comparison
In the year-to-date period, ^UTY achieves a 20.90% return, which is significantly higher than SOXX's 11.43% return. Over the past 10 years, ^UTY has underperformed SOXX with an annualized return of 5.85%, while SOXX has yielded a comparatively higher 23.33% 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
^UTY vs. SOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PHLX Utility Sector Index (^UTY) 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.
Drawdowns
^UTY vs. SOXX - Drawdown Comparison
The maximum ^UTY drawdown since its inception was -48.16%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for ^UTY and SOXX. For additional features, visit the drawdowns tool.
Volatility
^UTY vs. SOXX - Volatility Comparison
The current volatility for PHLX Utility Sector Index (^UTY) is 3.41%, while iShares PHLX Semiconductor ETF (SOXX) has a volatility of 14.53%. This indicates that ^UTY 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.