SOXQ vs. SOXX

Last updated Jun 19, 2026

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 36.54%/yr vs 36.05%/yr for SOXX. With a 0.99 correlation, they move nearly in lockstep. 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.

Returns By Period

In the year-to-date period, SOXQ achieves a 102.46% return, which is significantly lower than SOXX's 112.57% return.

SOXQ

• 1D: 6.27%
• 1M: 26.68%
• YTD: 102.46%
• 6M: 109.06%
• 1Y: 173.95%
• 3Y*: 58.36%
• 5Y*: 36.54%
• 10Y*: —

SOXX

• 1D: 6.62%
• 1M: 28.79%
• YTD: 112.57%
• 6M: 119.20%
• 1Y: 183.56%
• 3Y*: 56.81%
• 5Y*: 36.05%
• 10Y*: 36.48%

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

SOXQ vs. SOXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SOXQ Invesco PHLX Semiconductor ETF	102.46%	43.11%	20.16%	66.74%	-35.59%	25.19%
SOXX iShares Semiconductor ETF	112.57%	40.74%	12.92%	67.12%	-35.09%	25.67%

Correlation

The correlation between SOXQ and SOXX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year 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 0.99 - a consistent structural relationship.

SOXQ vs. SOXX - Sectors Allocation Comparison

Sectors	SOXQ	SOXX
Technology	99.9%	100.0%
Financial Services	0.1%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

SOXQ vs. SOXX — 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: 97
SOXQ Sortino Ratio Rank: 94
SOXQ Omega Ratio Rank: 94
SOXQ Calmar Ratio Rank: 98
SOXQ Martin Ratio Rank: 97

SOXX

SOXX Risk / Return Rank: 96
SOXX Sharpe Ratio Rank: 98
SOXX Sortino Ratio Rank: 94
SOXX Omega Ratio Rank: 94
SOXX Calmar Ratio Rank: 98
SOXX 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.

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.

	SOXQ	SOXX	Difference
Sharpe ratio: Return per unit of total volatility	4.62	4.80	-0.18
Sortino ratio: Return per unit of downside risk	4.45	4.58	-0.12
Omega ratio: Gain probability vs. loss probability	1.63	1.65	-0.02
Calmar ratio: Return relative to maximum drawdown	11.23	11.72	-0.49
Martin ratio: Return relative to average drawdown	40.58	42.40	-1.82

SOXQ vs. SOXX - Sharpe Ratio Comparison

The current SOXQ Sharpe Ratio is 4.62, which is comparable to the SOXX Sharpe Ratio of 4.80. 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.

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.

Drawdown Indicators

	SOXQ	SOXX	Difference
Max Drawdown Largest peak-to-trough decline	-46.01%	-70.21%	+24.20%
Max Drawdown (1Y) Largest decline over 1 year	-15.59%	-15.77%	+0.18%
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	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-12.88%	-19.94%	+7.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.31%	4.35%	-0.04%

Volatility

SOXQ vs. SOXX - Volatility Comparison

Invesco PHLX Semiconductor ETF (SOXQ) and iShares Semiconductor ETF (SOXX) have volatilities of 20.31% and 21.02%, 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.

Volatility by Period

	SOXQ	SOXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.31%	21.02%	-0.71%
Volatility (6M) Calculated over the trailing 6-month period	31.60%	32.54%	-0.94%
Volatility (1Y) Calculated over the trailing 1-year period	37.87%	38.49%	-0.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.15%	37.01%	+0.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.09%	33.93%	+3.16%

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 0.25%, more than SOXX's 0.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SOXQ Invesco PHLX Semiconductor ETF	0.25%	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	0.23%	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

Can I hold both SOXQ and SOXX in my portfolio?

With a correlation of 0.99, 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.

Which is riskier, SOXQ or SOXX?

SOXX has higher volatility (21.02%) compared to SOXQ (20.31%). In terms of maximum drawdown, SOXQ dropped -46.01% vs SOXX's -70.21%.

Which ETF is better, SOXQ or SOXX?

On 5-year performance, SOXQ leads with 36.54% vs 36.05% for SOXX. On fees, SOXQ is cheaper at 0.19% per year. On volatility, SOXQ has been the lower-risk option at 20.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOXQ or SOXX?

Over the 5-year period, SOXQ has performed better with a 36.54% return vs 36.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOXQ or SOXX?

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

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

SOXQ has the higher dividend yield at 0.25%, compared with 0.23% for SOXX.

What is the main difference between SOXQ and 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.

Which has better risk-adjusted returns?

SOXX currently has the higher Sharpe Ratio (4.80 vs 4.62), 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.