QSOL vs. SOXQ

Last updated Jun 4, 2026

QSOL (Invesco Galaxy Solana ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - QSOL is a Cryptocurrency fund tracking the Lukka Prime Solana Reference Rate - Benchmark Price Return, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. Both are passively managed. At a 0.42 correlation, their price movements are largely independent. QSOL charges 0.25%/yr vs 0.19%/yr for SOXQ.

Performance

QSOL vs. SOXQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Galaxy Solana ETF (QSOL) 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, QSOL achieves a -41.51% return, which is significantly lower than SOXQ's 96.72% return.

QSOL

• 1D: -4.67%
• 1M: -14.50%
• YTD: -41.51%
• 6M: —
• 1Y: —
• 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)

QSOL vs. SOXQ - Yearly Performance Comparison

	2026 (YTD)	2025
QSOL Invesco Galaxy Solana ETF	-41.51%	-0.92%
SOXQ Invesco PHLX Semiconductor ETF	96.72%	1.35%

Correlation

The correlation between QSOL and SOXQ is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 16, 2025	0.42

Return for Risk

QSOL 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: 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.

QSOL vs. SOXQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Galaxy Solana ETF (QSOL) 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

	QSOL	SOXQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.99	0.98	-1.97

Drawdowns

QSOL vs. SOXQ - Drawdown Comparison

The maximum QSOL drawdown since its inception was -50.82%, which is greater than SOXQ's maximum drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for QSOL and SOXQ.

Drawdown Indicators

	QSOL	SOXQ	Difference
Max Drawdown Largest peak-to-trough decline	-50.82%	-46.01%	-4.81%
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	-50.82%	0.00%	-50.82%
Average Drawdown Average peak-to-trough decline	-31.98%	-12.96%	-19.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.06%	—

Volatility

Volatility by Period

	QSOL	SOXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	26.70%	—
Volatility (1Y) Calculated over the trailing 1-year period	70.59%	33.78%	+36.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.59%	36.38%	+34.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.59%	36.38%	+34.21%

QSOL vs. SOXQ - Expense Ratio Comparison

QSOL has a 0.25% expense ratio, which is higher than SOXQ's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

QSOL vs. SOXQ - Dividend Comparison

QSOL's dividend yield for the trailing twelve months is around 0.20%, less than SOXQ's 0.26% yield.

Position	TTM	2025	2024	2023	2022	2021
QSOL Invesco Galaxy Solana ETF	0.20%	0.00%	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 QSOL and SOXQ in my portfolio?

QSOL and SOXQ have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QSOL 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, QSOL or SOXQ?

SOXQ is cheaper with a 0.19% expense ratio, compared with 0.25% for QSOL.

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

SOXQ has the higher dividend yield at 0.26%, compared with 0.20% for QSOL.

What is the main difference between QSOL and SOXQ?

QSOL is categorized as Cryptocurrency, while SOXQ is Semiconductors. QSOL tracks Lukka Prime Solana Reference Rate - Benchmark Price Return, while SOXQ tracks PHLX Semiconductor Sector Index. Their fees differ too: 0.25% for QSOL and 0.19% for SOXQ.