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SMH vs SOXX: Performance & Backtest Comparison

SMH delivered the higher return - 18.47% CAGR vs 17.92% - over 2005-03-31 → 2026-07-31.

Growth comparison

Drawdown

Annual returns

SMHSOXX
NameVanEck Semiconductor ETFiShares PHLX SOX Semiconductor Sector Index Fund
CAGR18.47%17.92%
Total return3670.92%3312.97%
Volatility25.36%26.89%
Max drawdown-57.00%Feb 2009-59.89%Nov 2008
Sharpe0.730.69
Sortino1.231.17
Best year73.37%73.54%
Worst year-45.75%-52.25%
Final balance$377,092$341,297

Correlation of monthly returns: 0.98. Wondering if you need both? Check their fund overlap →

All figures are total returns: every dividend and distribution is reinvested on its ex-date, and prices are split-adjusted. See the methodology.

Which has performed better, SMH or SOXX?

Over 2005-03-31 to 2026-07-31, SMH performed better: 18.47% annualized versus 17.92% for SOXX, with dividends reinvested. Past performance does not guarantee future results.

How similar are SMH and SOXX?

Their monthly returns have a correlation of 0.98 over the common period. SMH is VanEck Semiconductor ETF; SOXX is iShares PHLX SOX Semiconductor Sector Index Fund.

Which is riskier, SMH or SOXX?

Over the common period SMH had 25.36% annualized volatility and a -57.00% max drawdown, versus 26.89% and -59.89% for SOXX.