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SOXQ vs. SOXX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SOXQ vs. SOXX

Last updated Jul 31, 2026
Documentation

SOXQ (Invesco PHLX Semiconductor ETF) and SOXX (iShares Semiconductor ETF) are both Semiconductors funds - SOXQ tracks the PHLX Semiconductor Sector Index while SOXX tracks the NYSE Semiconductor Index. Both are passively managed. Over the past 5 years, SOXQ returned 28.61%/yr vs 28.08%/yr for SOXX. Their 0.99 correlation means they have historically moved very closely together. SOXQ charges 0.19%/yr vs 0.34%/yr for SOXX.

Performance

SOXQ vs. SOXX - Performance Comparison

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

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Returns By Period

In the year-to-date period, SOXQ achieves a 59.74% return, which is significantly lower than SOXX's 67.72% return.

SOXQ

1D
8.12%
1M
-20.68%
6M
36.01%
YTD
59.74%
1Y
95.96%
3Y*
43.89%
5Y*
28.61%
10Y*
—
ALL TIME*
28.98%

SOXX

1D
8.50%
1M
-21.26%
6M
39.86%
YTD
67.72%
1Y
104.43%
3Y*
42.35%
5Y*
28.08%
10Y*
31.98%
ALL TIME*
13.83%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

SOXQ

Invesco PHLX Semiconductor ETF
$224.27M$242.01M$279.99M

SOXX

iShares Semiconductor ETF
$6.15B$5.79B$5.78B

SOXQ vs. SOXX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
SOXQ
Invesco PHLX Semiconductor ETF		59.74%43.11%20.16%66.74%-35.59%25.19%
SOXX
iShares Semiconductor ETF		67.72%40.74%12.92%67.12%-35.09%25.67%

Correlation

The correlation between SOXQ and SOXX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

1.00

Correlation (3Y)
Balances recent behavior with more history.

0.99

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.99

Correlation (All Time)
Calculated using the full available price history since Jun 11, 2021

0.99

The correlation between SOXQ and SOXX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

SOXQ vs. SOXX - Sectors Allocation Comparison

Sectors
SOXQ
SOXX

Technology

100.0%
100.0%

Financial Services

0.1%

-

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Utilities

-

-

Technology

SOXQ
100.0%
SOXX
100.0%

Financial Services

SOXQ
0.1%
SOXX

-

Basic Materials

SOXQ

-

SOXX

-

Communication Services

SOXQ

-

SOXX

-

Consumer Cyclical

SOXQ

-

SOXX

-

Consumer Defensive

SOXQ

-

SOXX

-

Energy

SOXQ

-

SOXX

-

Healthcare

SOXQ

-

SOXX

-

Industrials

SOXQ

-

SOXX

-

Real Estate

SOXQ

-

SOXX

-

Utilities

SOXQ

-

SOXX

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco PHLX Semiconductor ETF

iShares Semiconductor ETF

Often compared with SOXQ:
SOXQ vs. SMHSOXQ vs. FSELXSOXQ vs. QQQMSOXQ vs. SPYSOXQ vs. QQQSOXQ vs. VGTSOXQ vs. CHPS
Often compared with SOXX:
SOXX vs. SMHSOXX vs. QQQSOXX vs. SOXLSOXX vs. FSELXSOXX vs. VGTSOXX vs. VOOSOXX vs. SOXS

Return for Risk

SOXQ vs. SOXX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
SOXQ
SOXQ Risk / Return Rank: 8787
Overall Rank
SOXQ Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
SOXQ Sortino Ratio Rank: 8282
Sortino Ratio Rank
SOXQ Omega Ratio Rank: 8383
Omega Ratio Rank
SOXQ Calmar Ratio Rank: 8787
Calmar Ratio Rank
SOXQ Martin Ratio Rank: 9191
Martin Ratio Rank
SOXX
SOXX Risk / Return Rank: 8989
Overall Rank
SOXX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
SOXX Sortino Ratio Rank: 8585
Sortino Ratio Rank
SOXX Omega Ratio Rank: 8686
Omega Ratio Rank
SOXX Calmar Ratio Rank: 8989
Calmar Ratio Rank
SOXX Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SOXQ vs. SOXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco PHLX Semiconductor ETF (SOXQ) and iShares Semiconductor ETF (SOXX). 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.

SOXQSOXXDifference
Sharpe ratioReturn per unit of total volatility
2.22
2.36

-0.14

Sortino ratioReturn per unit of downside risk
2.59
2.71

-0.12

Omega ratioGain probability vs. loss probability

1.34

1.36

-0.02

Calmar ratioReturn relative to maximum drawdown

3.38

3.62

-0.24

Martin ratioReturn relative to average drawdown

14.41

15.58

-1.17

SOXQ vs. SOXX - Sharpe Ratio Comparison

The current SOXQ Sharpe Ratio is 2.22, which is comparable to the SOXX Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of SOXQ and SOXX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

SOXQ vs. SOXX - Drawdown Comparison

The maximum SOXQ drawdown since its inception was -46.01%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for SOXQ and SOXX.

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Drawdown Indicators

SOXQSOXXDifference

Max Drawdown

Largest peak-to-trough decline

-46.01%

-70.21%

+24.20%

Max Drawdown (1Y)

Largest decline over 1 year

-28.56%

-29.01%

+0.45%

Max Drawdown (3Y)

Largest decline over 3 years

-39.36%

-41.36%

+2.00%

Max Drawdown (5Y)

Largest decline over 5 years

-46.01%

-45.75%

-0.26%

Max Drawdown (10Y)

Largest decline over 10 years

—

-45.75%

—

Current Drawdown

Current decline from peak

-22.75%

-22.97%

+0.22%

Average Drawdown

Average peak-to-trough decline

-12.91%

-19.92%

+7.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.70%

6.75%

-0.05%

Volatility

SOXQ vs. SOXX - Volatility Comparison

Invesco PHLX Semiconductor ETF (SOXQ) and iShares Semiconductor ETF (SOXX) have volatilities of 18.05% and 18.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SOXQSOXXDifference

Volatility (1M)

Calculated over the trailing 1-month period

18.05%

18.71%

-0.66%

Volatility (6M)

Calculated over the trailing 6-month period

37.70%

38.92%

-1.22%

Volatility (1Y)

Calculated over the trailing 1-year period

43.53%

44.48%

-0.95%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

38.29%

38.26%

+0.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

37.94%

34.54%

+3.40%

SOXQ vs. SOXX - Expense Ratio Comparison

SOXQ has a 0.19% expense ratio, which is lower than SOXX's 0.34% expense ratio.

Dividends

SOXQ vs. SOXX - Dividend Comparison

SOXQ's dividend yield for the trailing twelve months is around 0.32%, more than SOXX's 0.29% yield.

PositionTTM20252024202320222021202020192018201720162015
SOXQ
Invesco PHLX Semiconductor ETF		0.32%0.50%0.68%0.87%1.36%0.72%0.00%0.00%0.00%0.00%0.00%0.00%
SOXX
iShares Semiconductor ETF		0.29%0.57%0.67%0.78%1.26%0.64%0.81%1.23%1.37%0.90%1.08%1.29%

Frequently Asked Questions

With a correlation of 1.00, SOXQ and SOXX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

SOXX has higher volatility (18.71%) compared to SOXQ (18.05%). In terms of maximum drawdown, SOXQ dropped -46.01% vs SOXX's -70.21%.

On 5-year performance, SOXQ leads with 28.61% vs 28.08% for SOXX. On fees, SOXQ is cheaper at 0.19% per year. On volatility, SOXQ has been the lower-risk option at 18.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, SOXQ has performed better with a 28.61% return vs 28.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SOXQ is cheaper with a 0.19% expense ratio, compared with 0.34% for SOXX.

SOXQ has the higher dividend yield at 0.32%, compared with 0.29% for SOXX.

SOXQ tracks PHLX Semiconductor Sector Index, while SOXX tracks NYSE Semiconductor Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.19% for SOXQ and 0.34% for SOXX.

SOXX currently has the higher Sharpe Ratio (2.36 vs 2.22), 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.

Portfolio Optimizer

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