QQQJ vs. SOXQ

Last updated Jun 5, 2026

QQQJ (Invesco NASDAQ Next Gen 100 ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - QQQJ is a Large Cap Growth Equities fund tracking the NASDAQ Next Generation 100 Index, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. Both are passively managed. Over the past 3 years, QQQJ returned 22.59%/yr vs 59.09%/yr for SOXQ. A 0.77 correlation means they provide meaningful diversification when combined. QQQJ charges 0.15%/yr vs 0.19%/yr for SOXQ.

Performance

QQQJ vs. SOXQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco NASDAQ Next Gen 100 ETF (QQQJ) 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, QQQJ achieves a 23.83% return, which is significantly lower than SOXQ's 92.48% return.

QQQJ

• 1D: 0.49%
• 1M: 10.77%
• YTD: 23.83%
• 6M: 23.61%
• 1Y: 47.01%
• 3Y*: 22.59%
• 5Y*: 7.79%
• 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)

QQQJ vs. SOXQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QQQJ Invesco NASDAQ Next Gen 100 ETF	23.83%	20.44%	15.36%	13.68%	-28.25%	1.27%
SOXQ Invesco PHLX Semiconductor ETF	92.48%	43.11%	20.16%	66.74%	-35.59%	24.82%

Correlation

The correlation between QQQJ and SOXQ is 0.70, 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	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jun 14, 2021	0.77

The correlation between QQQJ and SOXQ has been stable across timeframes, ranging from 0.70 to 0.77 - a consistent structural relationship.

QQQJ vs. SOXQ - Sectors Allocation Comparison

Sectors	QQQJ	SOXQ
Technology	39.3%	100.0%
Healthcare	18.3%	-
Consumer Cyclical	11.4%	-
Industrials	11.2%	-
Communication Services	6.8%	-
Basic Materials	2.7%	-
Consumer Defensive	2.6%	-
Energy	2.6%	-
Utilities	2.6%	-
Financial Services	1.0%	0.0%
Real Estate	-	-

Return for Risk

QQQJ vs. SOXQ — Risk / Return Rank

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

QQQJ

QQQJ Risk / Return Rank: 80
QQQJ Sharpe Ratio Rank: 82
QQQJ Sortino Ratio Rank: 79
QQQJ Omega Ratio Rank: 76
QQQJ Calmar Ratio Rank: 79
QQQJ Martin Ratio Rank: 84

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.

QQQJ vs. SOXQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ Next Gen 100 ETF (QQQJ) 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.

	QQQJ	SOXQ	Difference
Sharpe ratio: Return per unit of total volatility	2.62	5.11	-2.50
Sortino ratio: Return per unit of downside risk	3.49	5.02	-1.52
Omega ratio: Gain probability vs. loss probability	1.45	1.69	-0.24
Calmar ratio: Return relative to maximum drawdown	3.99	11.08	-7.09
Martin ratio: Return relative to average drawdown	17.19	42.47	-25.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQJ vs. SOXQ - Sharpe Ratio Comparison

The current QQQJ Sharpe Ratio is 2.62, which is lower than the SOXQ Sharpe Ratio of 5.11. The chart below compares the historical Sharpe Ratios of QQQJ 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

	QQQJ	SOXQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.62	5.11	-2.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.96	-0.48

Drawdowns

QQQJ vs. SOXQ - Drawdown Comparison

The maximum QQQJ drawdown since its inception was -39.57%, smaller than the maximum SOXQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for QQQJ and SOXQ.

Drawdown Indicators

	QQQJ	SOXQ	Difference
Max Drawdown Largest peak-to-trough decline	-39.57%	-46.01%	+6.44%
Max Drawdown (1Y) Largest decline over 1 year	-11.84%	-15.59%	+3.75%
Max Drawdown (3Y) Largest decline over 3 years	-22.46%	-39.36%	+16.90%
Max Drawdown (5Y) Largest decline over 5 years	-39.57%	—	—
Current Drawdown Current decline from peak	-0.20%	-2.15%	+1.95%
Average Drawdown Average peak-to-trough decline	-15.73%	-12.95%	-2.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.74%	4.06%	-1.32%

Volatility

QQQJ vs. SOXQ - Volatility Comparison

The current volatility for Invesco NASDAQ Next Gen 100 ETF (QQQJ) is 5.59%, while Invesco PHLX Semiconductor ETF (SOXQ) has a volatility of 13.55%. This indicates that QQQJ experiences smaller price fluctuations and is considered to be less risky than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQJ	SOXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.59%	13.55%	-7.96%
Volatility (6M) Calculated over the trailing 6-month period	14.65%	26.81%	-12.16%
Volatility (1Y) Calculated over the trailing 1-year period	18.06%	33.80%	-15.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.02%	36.38%	-14.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.05%	36.38%	-14.33%

QQQJ vs. SOXQ - Expense Ratio Comparison

QQQJ has a 0.15% 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

QQQJ vs. SOXQ - Dividend Comparison

QQQJ's dividend yield for the trailing twelve months is around 0.71%, more than SOXQ's 0.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
QQQJ Invesco NASDAQ Next Gen 100 ETF	0.71%	0.85%	0.77%	0.67%	0.76%	0.91%	0.09%
SOXQ Invesco PHLX Semiconductor ETF	0.26%	0.50%	0.68%	0.87%	1.36%	0.72%	0.00%

Frequently Asked Questions

Can I hold both QQQJ and SOXQ in my portfolio?

QQQJ and SOXQ have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQQJ or SOXQ?

SOXQ has higher volatility (13.55%) compared to QQQJ (5.59%). In terms of maximum drawdown, QQQJ dropped -39.57% vs SOXQ's -46.01%.

Which ETF is better, QQQJ or SOXQ?

On 3-year performance, SOXQ leads with 59.09% vs 22.59% for QQQJ. On fees, QQQJ is cheaper at 0.15% per year. On volatility, QQQJ has been the lower-risk option at 5.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQJ or SOXQ?

Over the 3-year period, SOXQ has performed better with a 59.09% return vs 22.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQJ or SOXQ?

QQQJ is cheaper with a 0.15% expense ratio, compared with 0.19% for SOXQ.

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

QQQJ has the higher dividend yield at 0.71%, compared with 0.26% for SOXQ.

What is the main difference between QQQJ and SOXQ?

QQQJ is categorized as Large Cap Growth Equities, while SOXQ is Semiconductors. QQQJ tracks NASDAQ Next Generation 100 Index, while SOXQ tracks PHLX Semiconductor Sector Index. Their fees differ too: 0.15% for QQQJ and 0.19% for SOXQ.

Which has better risk-adjusted returns?

SOXQ currently has the higher Sharpe Ratio (5.11 vs 2.62), 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.