MUYY vs. SOXQ

Last updated Jul 17, 2026

MUYY (GraniteShares YieldBOOST MU ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - MUYY is a Derivative Income fund actively managed by GraniteShares, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. MUYY is actively managed, while SOXQ is passively managed. A 0.68 correlation means they provide meaningful diversification when combined. MUYY charges 1.07%/yr vs 0.19%/yr for SOXQ.

Performance

MUYY vs. SOXQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST MU ETF (MUYY) and Invesco PHLX Semiconductor ETF (SOXQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MUYY

• 1D: -2.11%
• 1M: -7.34%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXQ

• 1D: -4.27%
• 1M: -10.66%
• 6M: 51.71%
• YTD: 67.78%
• 1Y: 109.28%
• 3Y*: 46.67%
• 5Y*: 31.52%
• 10Y*: —

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

MUYY vs. SOXQ - Yearly Performance Comparison

	2026 (YTD)
MUYY GraniteShares YieldBOOST MU ETF	6.00%
SOXQ Invesco PHLX Semiconductor ETF	31.38%

Correlation

The correlation between MUYY and SOXQ is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 14, 2026	0.68

Return for Risk

MUYY vs. SOXQ — Risk / Return Rank

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

MUYY

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

SOXQ

SOXQ Risk / Return Rank: 89
SOXQ Sharpe Ratio Rank: 93
SOXQ Sortino Ratio Rank: 81
SOXQ Omega Ratio Rank: 84
SOXQ Calmar Ratio Rank: 95
SOXQ Martin Ratio Rank: 94

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.

MUYY vs. SOXQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST MU ETF (MUYY) 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.

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.

	MUYY	SOXQ	Difference
Sharpe ratio: Return per unit of total volatility	—	2.64	—
Sortino ratio: Return per unit of downside risk	—	2.90	—
Omega ratio: Gain probability vs. loss probability	—	1.40	—
Calmar ratio: Return relative to maximum drawdown	—	5.83	—
Martin ratio: Return relative to average drawdown	—	20.69	—

Drawdowns

MUYY vs. SOXQ - Drawdown Comparison

The maximum MUYY drawdown since its inception was -9.70%, smaller than the maximum SOXQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for MUYY and SOXQ.

Drawdown Indicators

	MUYY	SOXQ	Difference
Max Drawdown Largest peak-to-trough decline	-9.70%	-46.01%	+36.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.86%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-39.36%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.01%	—
Current Drawdown Current decline from peak	-9.70%	-18.86%	+9.16%
Average Drawdown Average peak-to-trough decline	-1.69%	-12.85%	+11.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.30%	—

Volatility

Volatility by Period

	MUYY	SOXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	19.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	35.76%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.48%	41.59%	-22.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.48%	37.91%	-18.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.48%	37.65%	-18.17%

MUYY vs. SOXQ - Expense Ratio Comparison

MUYY has a 1.07% expense ratio, which is higher than SOXQ's 0.19% expense ratio.

Dividends

MUYY vs. SOXQ - Dividend Comparison

MUYY's dividend yield for the trailing twelve months is around 29.24%, more than SOXQ's 0.30% yield.

Position	TTM	2025	2024	2023	2022	2021
MUYY GraniteShares YieldBOOST MU ETF	29.24%	0.00%	0.00%	0.00%	0.00%	0.00%
SOXQ Invesco PHLX Semiconductor ETF	0.30%	0.50%	0.68%	0.87%	1.36%	0.72%

Frequently Asked Questions

Can I hold both MUYY and SOXQ in my portfolio?

MUYY and SOXQ have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MUYY or SOXQ?

On fees, SOXQ is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MUYY or SOXQ?

SOXQ is cheaper with a 0.19% expense ratio, compared with 1.07% for MUYY.

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

MUYY has the higher dividend yield at 29.24%, compared with 0.30% for SOXQ.

What is the main difference between MUYY and SOXQ?

MUYY is categorized as Derivative Income, while SOXQ is Semiconductors. They also come from different issuers: GraniteShares and Invesco. Their fees differ too: 1.07% for MUYY and 0.19% for SOXQ.