SOXQ vs. MUYY

Last updated Jun 24, 2026

SOXQ (Invesco PHLX Semiconductor ETF) and MUYY (GraniteShares YieldBOOST MU ETF) are both exchange-traded funds - SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index, while MUYY is a Derivative Income fund actively managed by GraniteShares. SOXQ is passively managed, while MUYY is actively managed. A 0.62 correlation means they provide meaningful diversification when combined. SOXQ charges 0.19%/yr vs 1.07%/yr for MUYY.

Performance

SOXQ vs. MUYY - Performance Comparison

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

Returns By Period

SOXQ

• 1D: -7.82%
• 1M: 10.55%
• YTD: 90.62%
• 6M: 87.99%
• 1Y: 158.27%
• 3Y*: 57.61%
• 5Y*: 34.04%
• 10Y*: —

MUYY

• 1D: -1.54%
• 1M: 3.62%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOXQ vs. MUYY - Yearly Performance Comparison

	2026 (YTD)
SOXQ Invesco PHLX Semiconductor ETF	49.26%
MUYY GraniteShares YieldBOOST MU ETF	15.40%

Correlation

The correlation between SOXQ and MUYY is 0.62, 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	0.62

Return for Risk

SOXQ vs. MUYY — Risk / Return Rank

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

SOXQ

SOXQ Risk / Return Rank: 94
SOXQ Sharpe Ratio Rank: 96
SOXQ Sortino Ratio Rank: 90
SOXQ Omega Ratio Rank: 92
SOXQ Calmar Ratio Rank: 97
SOXQ Martin Ratio Rank: 96

MUYY

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. MUYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco PHLX Semiconductor ETF (SOXQ) and GraniteShares YieldBOOST MU ETF (MUYY). 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	MUYY	Difference
Sharpe ratio: Return per unit of total volatility	4.11	—	—
Sortino ratio: Return per unit of downside risk	4.02	—	—
Omega ratio: Gain probability vs. loss probability	1.58	—	—
Calmar ratio: Return relative to maximum drawdown	10.22	—	—
Martin ratio: Return relative to average drawdown	36.68	—	—

Drawdowns

SOXQ vs. MUYY - Drawdown Comparison

The maximum SOXQ drawdown since its inception was -46.01%, which is greater than MUYY's maximum drawdown of -4.87%. Use the drawdown chart below to compare losses from any high point for SOXQ and MUYY.

Drawdown Indicators

	SOXQ	MUYY	Difference
Max Drawdown Largest peak-to-trough decline	-46.01%	-4.87%	-41.14%
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	-7.82%	-1.54%	-6.28%
Average Drawdown Average peak-to-trough decline	-12.87%	-1.03%	-11.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.33%	—	—

Volatility

Volatility by Period

	SOXQ	MUYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.04%	—	—
Volatility (6M) Calculated over the trailing 6-month period	32.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	38.78%	17.98%	+20.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.34%	17.98%	+19.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.24%	17.98%	+19.26%

SOXQ vs. MUYY - Expense Ratio Comparison

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

Dividends

SOXQ vs. MUYY - Dividend Comparison

SOXQ's dividend yield for the trailing twelve months is around 0.27%, less than MUYY's 20.04% yield.

Position	TTM	2025	2024	2023	2022	2021
MUYY GraniteShares YieldBOOST MU ETF	20.04%	0.00%	0.00%	0.00%	0.00%	0.00%
SOXQ Invesco PHLX Semiconductor ETF	0.27%	0.50%	0.68%	0.87%	1.36%	0.72%

Frequently Asked Questions

Can I hold both SOXQ and MUYY in my portfolio?

SOXQ and MUYY have a correlation of 0.62, 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 MUYY?

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 MUYY?

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

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

MUYY has the higher dividend yield at 20.04%, compared with 0.27% for SOXQ.

What is the main difference between SOXQ and MUYY?

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