ASMH vs. SOXQ

Last updated Jun 4, 2026

ASMH (ASML Holding NV ADR Hedged ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - ASMH is a Technology Equities fund tracking the ASML Holding NV Sponsored ADR, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. Both are passively managed. Over the past year, ASMH returned 130.11% vs 181.76% for SOXQ. A 0.76 correlation means they provide meaningful diversification when combined. Both charge a 0.19% expense ratio.

Performance

ASMH vs. SOXQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ASML Holding NV ADR Hedged ETF (ASMH) and Invesco PHLX Semiconductor ETF (SOXQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ASMH achieves a 63.99% return, which is significantly lower than SOXQ's 96.72% return.

ASMH

• 1D: 1.53%
• 1M: 25.24%
• YTD: 63.99%
• 6M: 53.18%
• 1Y: 130.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXQ

• 1D: 1.42%
• 1M: 32.12%
• YTD: 96.72%
• 6M: 91.61%
• 1Y: 181.76%
• 3Y*: 59.40%
• 5Y*: —
• 10Y*: —

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

ASMH vs. SOXQ - Yearly Performance Comparison

	2026 (YTD)	2025
ASMH ASML Holding NV ADR Hedged ETF	63.99%	58.84%
SOXQ Invesco PHLX Semiconductor ETF	96.72%	78.80%

Correlation

The correlation between ASMH and SOXQ is 0.76, 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	0.76
Correlation (All Time) Calculated using the full available price history since Apr 24, 2025	0.76

The correlation between ASMH and SOXQ has been stable across timeframes, ranging from 0.76 to 0.76 - a consistent structural relationship.

Return for Risk

ASMH vs. SOXQ — Risk / Return Rank

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

ASMH

ASMH Risk / Return Rank: 88
ASMH Sharpe Ratio Rank: 92
ASMH Sortino Ratio Rank: 85
ASMH Omega Ratio Rank: 79
ASMH Calmar Ratio Rank: 95
ASMH Martin Ratio Rank: 90

SOXQ

SOXQ Risk / Return Rank: 96
SOXQ Sharpe Ratio Rank: 98
SOXQ Sortino Ratio Rank: 95
SOXQ Omega Ratio Rank: 95
SOXQ Calmar Ratio Rank: 97
SOXQ 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.

ASMH vs. SOXQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ASML Holding NV ADR Hedged ETF (ASMH) 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.

	ASMH	SOXQ	Difference
Sharpe ratio: Return per unit of total volatility	3.36	5.43	-2.07
Sortino ratio: Return per unit of downside risk	3.81	5.22	-1.41
Omega ratio: Gain probability vs. loss probability	1.47	1.72	-0.25
Calmar ratio: Return relative to maximum drawdown	8.24	11.73	-3.50
Martin ratio: Return relative to average drawdown	21.26	45.01	-23.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASMH vs. SOXQ - Sharpe Ratio Comparison

The current ASMH Sharpe Ratio is 3.36, which is lower than the SOXQ Sharpe Ratio of 5.43. The chart below compares the historical Sharpe Ratios of ASMH and SOXQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ASMH	SOXQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.36	5.43	-2.07
Sharpe Ratio (All Time) Calculated using the full available price history	3.59	0.98	+2.61

Drawdowns

ASMH vs. SOXQ - Drawdown Comparison

The maximum ASMH drawdown since its inception was -15.89%, smaller than the maximum SOXQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for ASMH and SOXQ.

Drawdown Indicators

	ASMH	SOXQ	Difference
Max Drawdown Largest peak-to-trough decline	-15.89%	-46.01%	+30.12%
Max Drawdown (1Y) Largest decline over 1 year	-15.89%	-15.59%	-0.30%
Max Drawdown (3Y) Largest decline over 3 years	—	-39.36%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.33%	-12.96%	+8.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.14%	4.06%	+2.08%

Volatility

ASMH vs. SOXQ - Volatility Comparison

ASML Holding NV ADR Hedged ETF (ASMH) and Invesco PHLX Semiconductor ETF (SOXQ) have volatilities of 13.84% and 13.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASMH	SOXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.84%	13.44%	+0.40%
Volatility (6M) Calculated over the trailing 6-month period	30.43%	26.70%	+3.73%
Volatility (1Y) Calculated over the trailing 1-year period	38.94%	33.78%	+5.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.32%	36.38%	+1.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.32%	36.38%	+1.94%

ASMH vs. SOXQ - Expense Ratio Comparison

Both ASMH and SOXQ have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

ASMH vs. SOXQ - Dividend Comparison

ASMH's dividend yield for the trailing twelve months is around 0.99%, more than SOXQ's 0.26% yield.

Position	TTM	2025	2024	2023	2022	2021
ASMH ASML Holding NV ADR Hedged ETF	0.99%	0.19%	0.00%	0.00%	0.00%	0.00%
SOXQ Invesco PHLX Semiconductor ETF	0.26%	0.50%	0.68%	0.87%	1.36%	0.72%

Frequently Asked Questions

Can I hold both ASMH and SOXQ in my portfolio?

ASMH and SOXQ have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ASMH or SOXQ?

ASMH has higher volatility (13.84%) compared to SOXQ (13.44%). In terms of maximum drawdown, ASMH dropped -15.89% vs SOXQ's -46.01%.

Which ETF is better, ASMH or SOXQ?

On 1-year performance, SOXQ leads with 181.76% vs 130.11% for ASMH. Both ETFs have the same 0.19% expense ratio. On volatility, SOXQ has been the lower-risk option at 13.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ASMH or SOXQ?

Over the 1-year period, SOXQ has performed better with a 181.76% return vs 130.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ASMH or SOXQ?

ASMH and SOXQ have the same expense ratio: 0.19% per year.

Which ETF pays a higher dividend yield, ASMH or SOXQ?

ASMH has the higher dividend yield at 0.99%, compared with 0.26% for SOXQ.

What is the main difference between ASMH and SOXQ?

ASMH is categorized as Technology Equities, while SOXQ is Semiconductors. ASMH tracks ASML Holding NV Sponsored ADR, while SOXQ tracks PHLX Semiconductor Sector Index. They also come from different issuers: Precidian Funds and Invesco.

Which has better risk-adjusted returns?

SOXQ currently has the higher Sharpe Ratio (5.43 vs 3.36), 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.