SQY vs. SOXQ

Last updated Jun 25, 2026

SQY (YieldMax SQ Option Income Strategy ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - SQY is a Derivative Income fund actively managed by YieldMax, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. SQY is actively managed, while SOXQ is passively managed. SQY charges 1.01%/yr vs 0.19%/yr for SOXQ.

Performance

SQY vs. SOXQ - Performance Comparison

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

Returns By Period

SQY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOXQ

• 1D: -0.25%
• 1M: 10.27%
• YTD: 90.13%
• 6M: 87.11%
• 1Y: 148.28%
• 3Y*: 57.47%
• 5Y*: 34.11%
• 10Y*: —

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

Return for Risk

SQY vs. SOXQ — Risk / Return Rank

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

SQY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SOXQ

SOXQ Risk / Return Rank: 95
SOXQ Sharpe Ratio Rank: 96
SOXQ Sortino Ratio Rank: 91
SOXQ Omega Ratio Rank: 92
SOXQ Calmar Ratio Rank: 97
SOXQ Martin Ratio Rank: 96

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.

SQY vs. SOXQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax SQ Option Income Strategy ETF (SQY) 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.

	SQY	SOXQ	Difference
Sharpe ratio: Return per unit of total volatility	—	3.86	—
Sortino ratio: Return per unit of downside risk	—	3.87	—
Omega ratio: Gain probability vs. loss probability	—	1.55	—
Calmar ratio: Return relative to maximum drawdown	—	9.57	—
Martin ratio: Return relative to average drawdown	—	34.13	—

Drawdowns

Drawdown Indicators

	SQY	SOXQ	Difference
Max Drawdown Largest peak-to-trough decline	—	-46.01%	—
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	—	-8.05%	—
Average Drawdown Average peak-to-trough decline	—	-12.87%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.36%	—

Volatility

Volatility by Period

	SQY	SOXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	38.78%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	37.33%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	37.22%	—

SQY vs. SOXQ - Expense Ratio Comparison

SQY has a 1.01% expense ratio, which is higher than SOXQ's 0.19% expense ratio.

Dividends

SQY vs. SOXQ - Dividend Comparison

SQY has not paid dividends to shareholders, while SOXQ's dividend yield for the trailing twelve months is around 0.27%.

Position	TTM	2025	2024	2023	2022	2021
SOXQ Invesco PHLX Semiconductor ETF	0.27%	0.50%	0.68%	0.87%	1.36%	0.72%
SQY YieldMax SQ Option Income Strategy ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, SQY or SOXQ?

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, SQY or SOXQ?

SOXQ is cheaper with a 0.19% expense ratio, compared with 1.01% for SQY.

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

SOXQ has the higher dividend yield at 0.27%, compared with 0.00% for SQY.

What is the main difference between SQY and SOXQ?

SQY is categorized as Derivative Income, while SOXQ is Semiconductors. They also come from different issuers: YieldMax and Invesco. Their fees differ too: 1.01% for SQY and 0.19% for SOXQ.