SOXQ vs. VEA

Last updated Jun 12, 2026

SOXQ (Invesco PHLX Semiconductor ETF) and VEA (Vanguard FTSE Developed Markets ETF) are both exchange-traded funds - SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index, while VEA is a Foreign Large Cap Equities fund tracking the FTSE Developed All Cap ex US Index. Both are passively managed. Over the past 5 years, SOXQ returned 33.82%/yr vs 9.43%/yr for VEA. A 0.64 correlation means they provide meaningful diversification when combined. SOXQ charges 0.19%/yr vs 0.03%/yr for VEA.

Performance

SOXQ vs. VEA - Performance Comparison

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

Returns By Period

In the year-to-date period, SOXQ achieves a 86.16% return, which is significantly higher than VEA's 14.35% return.

SOXQ

• 1D: 7.93%
• 1M: 12.42%
• YTD: 86.16%
• 6M: 77.88%
• 1Y: 153.11%
• 3Y*: 54.47%
• 5Y*: 33.82%
• 10Y*: —

VEA

• 1D: 3.63%
• 1M: 1.92%
• YTD: 14.35%
• 6M: 15.67%
• 1Y: 30.39%
• 3Y*: 19.28%
• 5Y*: 9.43%
• 10Y*: 10.53%

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

SOXQ vs. VEA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SOXQ Invesco PHLX Semiconductor ETF	86.16%	43.11%	20.16%	66.74%	-35.59%	25.19%
VEA Vanguard FTSE Developed Markets ETF	14.35%	35.16%	3.15%	17.93%	-15.34%	-1.22%

Correlation

The correlation between SOXQ and VEA is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (All Time) Calculated using the full available price history since Jun 11, 2021	0.64

The correlation between SOXQ and VEA has been stable across timeframes, ranging from 0.59 to 0.64 - a consistent structural relationship.

SOXQ vs. VEA - Sectors Allocation Comparison

Sectors	SOXQ	VEA
Technology	100.0%	13.8%
Financial Services	0.0%	23.3%
Basic Materials	-	7.5%
Communication Services	-	3.4%
Consumer Cyclical	-	7.5%
Consumer Defensive	-	5.6%
Energy	-	5.4%
Healthcare	-	8.2%
Industrials	-	19.2%
Real Estate	-	2.7%
Utilities	-	3.3%

Return for Risk

SOXQ vs. VEA — 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: 97
SOXQ Martin Ratio Rank: 97

VEA

VEA Risk / Return Rank: 67
VEA Sharpe Ratio Rank: 69
VEA Sortino Ratio Rank: 68
VEA Omega Ratio Rank: 68
VEA Calmar Ratio Rank: 64
VEA Martin Ratio Rank: 67

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. VEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco PHLX Semiconductor ETF (SOXQ) and Vanguard FTSE Developed Markets ETF (VEA). 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	VEA	Difference
Sharpe ratio: Return per unit of total volatility	4.19	1.84	+2.35
Sortino ratio: Return per unit of downside risk	4.20	2.54	+1.66
Omega ratio: Gain probability vs. loss probability	1.59	1.34	+0.26
Calmar ratio: Return relative to maximum drawdown	9.88	2.63	+7.26
Martin ratio: Return relative to average drawdown	35.94	10.08	+25.85

SOXQ vs. VEA - Sharpe Ratio Comparison

The current SOXQ Sharpe Ratio is 4.19, which is higher than the VEA Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of SOXQ and VEA, 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. VEA - Drawdown Comparison

The maximum SOXQ drawdown since its inception was -46.01%, smaller than the maximum VEA drawdown of -60.68%. Use the drawdown chart below to compare losses from any high point for SOXQ and VEA.

Drawdown Indicators

	SOXQ	VEA	Difference
Max Drawdown Largest peak-to-trough decline	-46.01%	-60.68%	+14.67%
Max Drawdown (1Y) Largest decline over 1 year	-15.59%	-11.63%	-3.96%
Max Drawdown (3Y) Largest decline over 3 years	-39.36%	-13.45%	-25.91%
Max Drawdown (5Y) Largest decline over 5 years	-46.01%	-29.71%	-16.30%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.73%	—
Current Drawdown Current decline from peak	-5.37%	-1.40%	-3.97%
Average Drawdown Average peak-to-trough decline	-12.92%	-13.28%	+0.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.28%	3.02%	+1.26%

Volatility

SOXQ vs. VEA - Volatility Comparison

Invesco PHLX Semiconductor ETF (SOXQ) has a higher volatility of 18.87% compared to Vanguard FTSE Developed Markets ETF (VEA) at 6.89%. This indicates that SOXQ's price experiences larger fluctuations and is considered to be riskier than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOXQ	VEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.87%	6.89%	+11.98%
Volatility (6M) Calculated over the trailing 6-month period	30.66%	14.42%	+16.24%
Volatility (1Y) Calculated over the trailing 1-year period	36.78%	16.58%	+20.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.90%	16.72%	+20.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.88%	17.41%	+19.47%

SOXQ vs. VEA - Expense Ratio Comparison

SOXQ has a 0.19% expense ratio, which is higher than VEA's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SOXQ vs. VEA - Dividend Comparison

SOXQ's dividend yield for the trailing twelve months is around 0.27%, less than VEA's 2.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SOXQ Invesco PHLX Semiconductor ETF	0.27%	0.50%	0.68%	0.87%	1.36%	0.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VEA Vanguard FTSE Developed Markets ETF	2.63%	3.22%	3.35%	3.15%	2.91%	3.16%	2.04%	3.04%	3.35%	2.77%	3.05%	2.92%

Frequently Asked Questions

Can I hold both SOXQ and VEA in my portfolio?

SOXQ and VEA have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOXQ or VEA?

SOXQ has higher volatility (18.87%) compared to VEA (6.89%). In terms of maximum drawdown, SOXQ dropped -46.01% vs VEA's -60.68%.

Which ETF is better, SOXQ or VEA?

On 5-year performance, SOXQ leads with 33.82% vs 9.43% for VEA. On fees, VEA is cheaper at 0.03% per year. On volatility, VEA has been the lower-risk option at 6.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOXQ or VEA?

Over the 5-year period, SOXQ has performed better with a 33.82% return vs 9.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOXQ or VEA?

VEA is cheaper with a 0.03% expense ratio, compared with 0.19% for SOXQ.

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

VEA has the higher dividend yield at 2.63%, compared with 0.27% for SOXQ.

What is the main difference between SOXQ and VEA?

SOXQ is categorized as Semiconductors, while VEA is Foreign Large Cap Equities. SOXQ tracks PHLX Semiconductor Sector Index, while VEA tracks FTSE Developed All Cap ex US Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.19% for SOXQ and 0.03% for VEA.

Which has better risk-adjusted returns?

SOXQ currently has the higher Sharpe Ratio (4.19 vs 1.84), 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.