SOXQ vs. AIPO

Last updated Jun 16, 2026

SOXQ (Invesco PHLX Semiconductor ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both exchange-traded funds - SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index, while AIPO is a Building & Construction fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. Both are passively managed. Their correlation of 0.83 suggests significant overlap in exposure. SOXQ charges 0.19%/yr vs 0.69%/yr for AIPO.

Performance

SOXQ vs. AIPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco PHLX Semiconductor ETF (SOXQ) and Defiance AI & Power Infrastructure ETF (AIPO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOXQ achieves a 99.17% return, which is significantly higher than AIPO's 47.24% return.

SOXQ

• 1D: 5.38%
• 1M: 21.68%
• YTD: 99.17%
• 6M: 101.86%
• 1Y: 176.72%
• 3Y*: 57.50%
• 5Y*: 35.68%
• 10Y*: —

AIPO

• 1D: 3.56%
• 1M: 0.96%
• YTD: 47.24%
• 6M: 44.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOXQ vs. AIPO - Yearly Performance Comparison

	2026 (YTD)	2025
SOXQ Invesco PHLX Semiconductor ETF	99.17%	25.85%
AIPO Defiance AI & Power Infrastructure ETF	47.24%	9.46%

Correlation

The correlation between SOXQ and AIPO is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025	0.83

SOXQ vs. AIPO - Sectors Allocation Comparison

Sectors	SOXQ	AIPO
Technology	99.9%	19.8%
Financial Services	0.1%	4.8%
Basic Materials	-	-
Communication Services	-	0.8%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	6.0%
Healthcare	-	-
Industrials	-	54.2%
Real Estate	-	1.0%
Utilities	-	13.5%

Return for Risk

SOXQ vs. AIPO — 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: 98
SOXQ Martin Ratio Rank: 97

AIPO

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

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.

SOXQ vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco PHLX Semiconductor ETF (SOXQ) and Defiance AI & Power Infrastructure ETF (AIPO). 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.

	SOXQ	AIPO	Difference
Sharpe ratio: Return per unit of total volatility	4.81	—	—
Sortino ratio: Return per unit of downside risk	4.61	—	—
Omega ratio: Gain probability vs. loss probability	1.66	—	—
Calmar ratio: Return relative to maximum drawdown	11.41	—	—
Martin ratio: Return relative to average drawdown	41.45	—	—

Drawdowns

SOXQ vs. AIPO - Drawdown Comparison

The maximum SOXQ drawdown since its inception was -46.01%, which is greater than AIPO's maximum drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for SOXQ and AIPO.

Drawdown Indicators

	SOXQ	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	-46.01%	-17.31%	-28.70%
Max Drawdown (1Y) Largest decline over 1 year	-15.59%	—	—
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	0.00%	-4.23%	+4.23%
Average Drawdown Average peak-to-trough decline	-12.91%	-4.48%	-8.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.28%	—	—

Volatility

Volatility by Period

	SOXQ	AIPO	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	31.02%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	37.08%	35.27%	+1.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.97%	35.27%	+1.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.93%	35.27%	+1.66%

SOXQ vs. AIPO - Expense Ratio Comparison

SOXQ has a 0.19% expense ratio, which is lower than AIPO's 0.69% expense ratio.

Dividends

SOXQ vs. AIPO - Dividend Comparison

SOXQ's dividend yield for the trailing twelve months is around 0.25%, more than AIPO's 0.01% yield.

Position	TTM	2025	2024	2023	2022	2021
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%
SOXQ Invesco PHLX Semiconductor ETF	0.25%	0.50%	0.68%	0.87%	1.36%	0.72%

Frequently Asked Questions

Can I hold both SOXQ and AIPO in my portfolio?

SOXQ and AIPO have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOXQ or AIPO?

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, SOXQ or AIPO?

SOXQ is cheaper with a 0.19% expense ratio, compared with 0.69% for AIPO.

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

SOXQ has the higher dividend yield at 0.25%, compared with 0.01% for AIPO.

What is the main difference between SOXQ and AIPO?

SOXQ is categorized as Semiconductors, while AIPO is Building & Construction. SOXQ tracks PHLX Semiconductor Sector Index, while AIPO tracks MarketVector™ US Listed AI and Power Infrastructure Index. They also come from different issuers: Invesco and Defiance. Their fees differ too: 0.19% for SOXQ and 0.69% for AIPO.