RYJ vs. SOXQ

Last updated Jun 3, 2026

RYJ (Invesco Raymond James SB-1 Equity ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - RYJ is a Mid Cap Blend Equities fund tracking the Raymond James SB-1 Equity Index, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. Both are passively managed. Over the past 3 years, RYJ returned 15.52%/yr vs 58.65%/yr for SOXQ. A 0.59 correlation means they provide meaningful diversification when combined. RYJ charges 0.40%/yr vs 0.19%/yr for SOXQ.

Performance

RYJ vs. SOXQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Raymond James SB-1 Equity ETF (RYJ) 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, RYJ achieves a 11.22% return, which is significantly lower than SOXQ's 93.97% return.

RYJ

• 1D: 0.34%
• 1M: 6.49%
• YTD: 11.22%
• 6M: 12.45%
• 1Y: 18.81%
• 3Y*: 15.52%
• 5Y*: 7.34%
• 10Y*: 10.38%

SOXQ

• 1D: 5.90%
• 1M: 29.63%
• YTD: 93.97%
• 6M: 92.43%
• 1Y: 185.41%
• 3Y*: 58.65%
• 5Y*: —
• 10Y*: —

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

RYJ vs. SOXQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RYJ Invesco Raymond James SB-1 Equity ETF	11.22%	8.89%	13.28%	15.65%	-13.17%	1.58%
SOXQ Invesco PHLX Semiconductor ETF	93.97%	43.11%	20.16%	66.74%	-35.59%	24.82%

Correlation

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

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (All Time) Calculated using the full available price history since Jun 14, 2021	0.59

The correlation between RYJ and SOXQ shifts across timeframes, from 0.42 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.

RYJ vs. SOXQ - Sectors Allocation Comparison

Sectors	RYJ	SOXQ
Consumer Defensive	23.3%	-
Industrials	20.7%	-
Utilities	12.5%	-
Consumer Cyclical	12.2%	-
Technology	9.8%	100.0%
Communication Services	7.7%	-
Healthcare	5.8%	-
Energy	4.1%	-
Basic Materials	4.0%	-
Financial Services	-	0.0%
Real Estate	-	-

Return for Risk

RYJ vs. SOXQ — Risk / Return Rank

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

RYJ

RYJ Risk / Return Rank: 38
RYJ Sharpe Ratio Rank: 38
RYJ Sortino Ratio Rank: 41
RYJ Omega Ratio Rank: 35
RYJ Calmar Ratio Rank: 37
RYJ Martin Ratio Rank: 40

SOXQ

SOXQ Risk / Return Rank: 97
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.

RYJ vs. SOXQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Raymond James SB-1 Equity ETF (RYJ) 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.

	RYJ	SOXQ	Difference
Sharpe ratio Return per unit of total volatility	1.39	5.53	-4.14
Sortino ratio Return per unit of downside risk	2.11	5.28	-3.17
Omega ratio Gain probability vs. loss probability	1.24	1.73	-0.49
Calmar ratio Return relative to maximum drawdown	1.88	12.19	-10.30
Martin ratio Return relative to average drawdown	6.46	46.84	-40.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RYJ vs. SOXQ - Sharpe Ratio Comparison

The current RYJ Sharpe Ratio is 1.39, which is lower than the SOXQ Sharpe Ratio of 5.53. The chart below compares the historical Sharpe Ratios of RYJ 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

	RYJ	SOXQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	5.53	-4.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.97	-0.63

Drawdowns

RYJ vs. SOXQ - Drawdown Comparison

The maximum RYJ drawdown since its inception was -60.74%, which is greater than SOXQ's maximum drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for RYJ and SOXQ.

Drawdown Indicators

	RYJ	SOXQ	Difference
Max Drawdown Largest peak-to-trough decline	-60.74%	-46.01%	-14.73%
Max Drawdown (1Y) Largest decline over 1 year	-10.01%	-15.59%	+5.58%
Max Drawdown (3Y) Largest decline over 3 years	-16.90%	-39.36%	+22.46%
Max Drawdown (5Y) Largest decline over 5 years	-24.31%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.20%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-10.27%	-12.97%	+2.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.92%	4.06%	-1.14%

Volatility

RYJ vs. SOXQ - Volatility Comparison

The current volatility for Invesco Raymond James SB-1 Equity ETF (RYJ) is 4.56%, while Invesco PHLX Semiconductor ETF (SOXQ) has a volatility of 13.56%. This indicates that RYJ 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

	RYJ	SOXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.56%	13.56%	-9.00%
Volatility (6M) Calculated over the trailing 6-month period	9.99%	26.69%	-16.70%
Volatility (1Y) Calculated over the trailing 1-year period	13.62%	33.79%	-20.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.65%	36.39%	-17.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.65%	36.39%	-14.74%

RYJ vs. SOXQ - Expense Ratio Comparison

RYJ has a 0.40% expense ratio, which is higher than SOXQ's 0.19% expense ratio.

Dividends

RYJ vs. SOXQ - Dividend Comparison

RYJ's dividend yield for the trailing twelve months is around 1.57%, more than SOXQ's 0.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RYJ Invesco Raymond James SB-1 Equity ETF	1.57%	1.75%	1.28%	1.39%	0.72%	0.52%	0.28%	0.20%	1.43%	0.00%	1.55%	0.93%
SOXQ Invesco PHLX Semiconductor ETF	0.26%	0.50%	0.68%	0.87%	1.36%	0.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RYJ and SOXQ in my portfolio?

RYJ 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 is riskier, RYJ or SOXQ?

SOXQ has higher volatility (13.56%) compared to RYJ (4.56%). In terms of maximum drawdown, RYJ dropped -60.74% vs SOXQ's -46.01%.

Which ETF is better, RYJ or SOXQ?

On 3-year performance, SOXQ leads with 58.65% vs 15.52% for RYJ. On fees, SOXQ is cheaper at 0.19% per year. On volatility, RYJ has been the lower-risk option at 4.56%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RYJ or SOXQ?

Over the 3-year period, SOXQ has performed better with a 58.65% return vs 15.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RYJ or SOXQ?

SOXQ is cheaper with a 0.19% expense ratio, compared with 0.40% for RYJ.

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

RYJ has the higher dividend yield at 1.57%, compared with 0.26% for SOXQ.

What is the main difference between RYJ and SOXQ?

RYJ is categorized as Mid Cap Blend Equities, while SOXQ is Semiconductors. RYJ tracks Raymond James SB-1 Equity Index, while SOXQ tracks PHLX Semiconductor Sector Index. Their fees differ too: 0.40% for RYJ and 0.19% for SOXQ.

Which has better risk-adjusted returns?

SOXQ currently has the higher Sharpe Ratio (5.53 vs 1.39), 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.