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SOXX vs. SOXQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SOXX vs. SOXQ

Last updated Jun 18, 2026

SOXX (iShares Semiconductor ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both Semiconductors funds - SOXX tracks the NYSE Semiconductor Index while SOXQ tracks the PHLX Semiconductor Sector Index. Both are passively managed. Over the past 5 years, SOXX returned 34.32%/yr vs 34.90%/yr for SOXQ. With a 0.99 correlation, they move nearly in lockstep. SOXX charges 0.34%/yr vs 0.19%/yr for SOXQ.

Performance

SOXX vs. SOXQ - Performance Comparison

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

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Returns By Period

In the year-to-date period, SOXX achieves a 99.36% return, which is significantly higher than SOXQ's 90.52% return.

SOXX

1D
1.44%
1M
21.00%
YTD
99.36%
6M
110.49%
1Y
167.03%
3Y*
53.50%
5Y*
34.32%
10Y*
35.75%

SOXQ

1D
1.44%
1M
19.30%
YTD
90.52%
6M
101.54%
1Y
159.30%
3Y*
55.18%
5Y*
34.90%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SOXX vs. SOXQ - Yearly Performance Comparison

2026 (YTD)20252024202320222021
SOXX
iShares Semiconductor ETF		99.36%40.74%12.92%67.12%-35.09%25.67%
SOXQ
Invesco PHLX Semiconductor ETF		90.52%43.11%20.16%66.74%-35.59%25.19%

Correlation

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

SOXX vs. SOXQ - Sectors Allocation Comparison

Sectors
SOXX
SOXQ

Technology

100.0%
99.9%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

0.1%

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Utilities

-

-

Technology

SOXX
100.0%
SOXQ
99.9%

Basic Materials

SOXX

-

SOXQ

-

Communication Services

SOXX

-

SOXQ

-

Consumer Cyclical

SOXX

-

SOXQ

-

Consumer Defensive

SOXX

-

SOXQ

-

Energy

SOXX

-

SOXQ

-

Financial Services

SOXX

-

SOXQ
0.1%

Healthcare

SOXX

-

SOXQ

-

Industrials

SOXX

-

SOXQ

-

Real Estate

SOXX

-

SOXQ

-

Utilities

SOXX

-

SOXQ

-

Compare stocks, funds, or ETFs

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

iShares Semiconductor ETF

Invesco PHLX Semiconductor ETF

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

Return for Risk

SOXX vs. SOXQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SOXX
SOXX Risk / Return Rank: 9696
Overall Rank
SOXX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
SOXX Sortino Ratio Rank: 9393
Sortino Ratio Rank
SOXX Omega Ratio Rank: 9494
Omega Ratio Rank
SOXX Calmar Ratio Rank: 9797
Calmar Ratio Rank
SOXX Martin Ratio Rank: 9797
Martin Ratio Rank
SOXQ
SOXQ Risk / Return Rank: 9595
Overall Rank
SOXQ Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
SOXQ Sortino Ratio Rank: 9393
Sortino Ratio Rank
SOXQ Omega Ratio Rank: 9393
Omega Ratio Rank
SOXQ Calmar Ratio Rank: 9797
Calmar Ratio Rank
SOXQ Martin Ratio Rank: 9797
Martin Ratio Rank
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.

SOXX vs. SOXQ - Risk-Adjusted Trends Comparison

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

SOXXSOXQDifference
Sharpe ratioReturn per unit of total volatility
4.42
4.28

+0.14

Sortino ratioReturn per unit of downside risk
4.32
4.22

+0.10

Omega ratioGain probability vs. loss probability

1.62

1.60

+0.02

Calmar ratioReturn relative to maximum drawdown

10.66

10.28

+0.38

Martin ratioReturn relative to average drawdown

38.57

37.15

+1.42

SOXX vs. SOXQ - Sharpe Ratio Comparison

The current SOXX Sharpe Ratio is 4.42, which is comparable to the SOXQ Sharpe Ratio of 4.28. The chart below compares the historical Sharpe Ratios of SOXX and SOXQ, 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

SOXX vs. SOXQ - Drawdown Comparison

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

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Drawdown Indicators

SOXXSOXQDifference

Max Drawdown

Largest peak-to-trough decline

-70.21%

-46.01%

-24.20%

Max Drawdown (1Y)

Largest decline over 1 year

-15.77%

-15.59%

-0.18%

Max Drawdown (3Y)

Largest decline over 3 years

-41.36%

-39.36%

-2.00%

Max Drawdown (5Y)

Largest decline over 5 years

-45.75%

-46.01%

+0.26%

Max Drawdown (10Y)

Largest decline over 10 years

-45.75%

—

—

Current Drawdown

Current decline from peak

-4.57%

-4.34%

-0.23%

Average Drawdown

Average peak-to-trough decline

-19.95%

-12.89%

-7.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.35%

4.31%

+0.04%

Volatility

SOXX vs. SOXQ - Volatility Comparison

iShares Semiconductor ETF (SOXX) and Invesco PHLX Semiconductor ETF (SOXQ) have volatilities of 20.31% and 19.65%, 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

SOXXSOXQDifference

Volatility (1M)

Calculated over the trailing 1-month period

20.31%

19.65%

+0.66%

Volatility (6M)

Calculated over the trailing 6-month period

32.03%

31.13%

+0.90%

Volatility (1Y)

Calculated over the trailing 1-year period

38.01%

37.44%

+0.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

36.91%

37.06%

-0.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.87%

37.00%

-3.13%

SOXX vs. SOXQ - Expense Ratio Comparison

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

Dividends

SOXX vs. SOXQ - Dividend Comparison

SOXX's dividend yield for the trailing twelve months is around 0.24%, less than SOXQ's 0.26% yield.

PositionTTM20252024202320222021202020192018201720162015
SOXQ
Invesco PHLX Semiconductor ETF		0.26%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		0.24%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 0.99, SOXX and SOXQ 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 (20.31%) compared to SOXQ (19.65%). In terms of maximum drawdown, SOXX dropped -70.21% vs SOXQ's -46.01%.

On 5-year performance, SOXQ leads with 34.90% vs 34.32% for SOXX. On fees, SOXQ is cheaper at 0.19% per year. On volatility, SOXQ has been the lower-risk option at 19.65%. 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 34.90% return vs 34.32%. 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 0.26%, compared with 0.24% for SOXX.

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

SOXX currently has the higher Sharpe Ratio (4.42 vs 4.28), 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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