BSMP vs. SOXQ

Last updated Jun 5, 2026

BSMP (Invesco BulletShares 2025 Municipal Bond ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - BSMP is a Municipal Bonds fund tracking the Invesco BulletShares Municipal Bond 2025 Index, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. Both are passively managed. At a 0.08 correlation, their price movements are largely independent. BSMP charges 0.18%/yr vs 0.19%/yr for SOXQ.

Performance

BSMP vs. SOXQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2025 Municipal Bond ETF (BSMP) and Invesco PHLX Semiconductor ETF (SOXQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSMP

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXQ

• 1D: -2.15%
• 1M: 24.08%
• YTD: 92.48%
• 6M: 89.00%
• 1Y: 171.59%
• 3Y*: 59.09%
• 5Y*: —
• 10Y*: —

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

BSMP vs. SOXQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BSMP Invesco BulletShares 2025 Municipal Bond ETF	0.00%	2.27%	2.46%	3.14%	-5.09%	-0.17%
SOXQ Invesco PHLX Semiconductor ETF	92.48%	43.11%	20.16%	66.74%	-35.59%	24.82%

Correlation

The correlation between BSMP and SOXQ is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (All Time) Calculated using the full available price history since Jun 14, 2021	0.08

The correlation between BSMP and SOXQ shifts across timeframes, from -0.02 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.

BSMP vs. SOXQ - Sectors Allocation Comparison

Sectors	BSMP	SOXQ
Financial Services	50.3%	0.0%
Real Estate	2.7%	-
Industrials	0.4%	-
Consumer Cyclical	0.0%	-
Communication Services	0.0%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Technology	-	100.0%
Utilities	-	-

Return for Risk

BSMP vs. SOXQ — Risk / Return Rank

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

SOXQ

SOXQ Risk / Return Rank: 96
SOXQ Sharpe Ratio Rank: 98
SOXQ Sortino Ratio Rank: 95
SOXQ Omega Ratio Rank: 94
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.

BSMP vs. SOXQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2025 Municipal Bond ETF (BSMP) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BSMP	SOXQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.96	—

Drawdowns

Drawdown Indicators

	BSMP	SOXQ	Difference
Max Drawdown Largest peak-to-trough decline	—	-46.01%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-15.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-39.36%	—
Current Drawdown Current decline from peak	—	-2.15%	—
Average Drawdown Average peak-to-trough decline	—	-12.95%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.06%	—

Volatility

Volatility by Period

	BSMP	SOXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	26.81%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	33.80%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	36.38%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	36.38%	—

BSMP vs. SOXQ - Expense Ratio Comparison

BSMP has a 0.18% expense ratio, which is lower than SOXQ's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BSMP vs. SOXQ - Dividend Comparison

BSMP's dividend yield for the trailing twelve months is around 1.27%, more than SOXQ's 0.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BSMP Invesco BulletShares 2025 Municipal Bond ETF	1.27%	2.35%	2.53%	2.20%	1.23%	0.72%	1.32%	0.35%
SOXQ Invesco PHLX Semiconductor ETF	0.26%	0.50%	0.68%	0.87%	1.36%	0.72%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSMP and SOXQ in my portfolio?

BSMP and SOXQ have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BSMP or SOXQ?

On fees, BSMP is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSMP or SOXQ?

BSMP is cheaper with a 0.18% expense ratio, compared with 0.19% for SOXQ.

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

BSMP has the higher dividend yield at 1.27%, compared with 0.26% for SOXQ.

What is the main difference between BSMP and SOXQ?

BSMP is categorized as Municipal Bonds, while SOXQ is Semiconductors. BSMP tracks Invesco BulletShares Municipal Bond 2025 Index, while SOXQ tracks PHLX Semiconductor Sector Index. Their fees differ too: 0.18% for BSMP and 0.19% for SOXQ.