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XSVM vs. SOXQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XSVM vs. SOXQ

Last updated Jun 4, 2026

XSVM (Invesco S&P SmallCap Value with Momentum ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - XSVM is a Momentum fund tracking the S&P SmallCap 600 High Momentum Value Index, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. Both are passively managed. Over the past 3 years, XSVM returned 15.99%/yr vs 59.40%/yr for SOXQ. A 0.52 correlation means they provide meaningful diversification when combined. XSVM charges 0.37%/yr vs 0.19%/yr for SOXQ.

Performance

XSVM vs. SOXQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Value with Momentum ETF (XSVM) 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, XSVM achieves a 16.87% return, which is significantly lower than SOXQ's 96.72% return.

XSVM

1D
-1.47%
1M
1.71%
YTD
16.87%
6M
16.68%
1Y
34.73%
3Y*
15.99%
5Y*
6.37%
10Y*
12.72%

SOXQ

1D
1.42%
1M
32.12%
YTD
96.72%
6M
91.61%
1Y
181.76%
3Y*
59.40%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

XSVM vs. SOXQ - Yearly Performance Comparison

2026 (YTD)20252024202320222021
XSVM
Invesco S&P SmallCap Value with Momentum ETF		16.87%7.47%2.30%20.20%-13.63%2.93%
SOXQ
Invesco PHLX Semiconductor ETF		96.72%43.11%20.16%66.74%-35.59%24.82%

Correlation

The correlation between XSVM and SOXQ is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.42

Correlation (3Y)
Calculated over the trailing 3-year period

0.44

Correlation (All Time)
Calculated using the full available price history since Jun 14, 2021

0.52

The correlation between XSVM and SOXQ has been stable across timeframes, ranging from 0.42 to 0.52 - a consistent structural relationship.

XSVM vs. SOXQ - Sectors Allocation Comparison

Sectors
XSVM
SOXQ

Financial Services

38.8%
0.0%

Consumer Cyclical

17.0%

-

Energy

9.9%

-

Technology

7.8%
100.0%

Consumer Defensive

7.3%

-

Industrials

6.7%

-

Real Estate

5.0%

-

Communication Services

2.9%

-

Basic Materials

1.9%

-

Healthcare

1.4%

-

Utilities

1.3%

-

Financial Services

XSVM
38.8%
SOXQ
0.0%

Consumer Cyclical

XSVM
17.0%
SOXQ

-

Energy

XSVM
9.9%
SOXQ

-

Technology

XSVM
7.8%
SOXQ
100.0%

Consumer Defensive

XSVM
7.3%
SOXQ

-

Industrials

XSVM
6.7%
SOXQ

-

Real Estate

XSVM
5.0%
SOXQ

-

Communication Services

XSVM
2.9%
SOXQ

-

Basic Materials

XSVM
1.9%
SOXQ

-

Healthcare

XSVM
1.4%
SOXQ

-

Utilities

XSVM
1.3%
SOXQ

-

Compare stocks, funds, or ETFs

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Invesco S&P SmallCap Value with Momentum ETF

Invesco PHLX Semiconductor ETF

Often compared with XSVM:
XSVM vs. XSMOXSVM vs. AVUVXSVM vs. RWJXSVM vs. XSHQXSVM vs. SPHBXSVM vs. DGRSXSVM vs. RYPRX
Often compared with SOXQ:
SOXQ vs. SOXXSOXQ vs. SMHSOXQ vs. SPYSOXQ vs. QQQSOXQ vs. FSELXSOXQ vs. QQQMSOXQ vs. VGT

Return for Risk

XSVM vs. SOXQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XSVM
XSVM Risk / Return Rank: 5858
Overall Rank
XSVM Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
XSVM Sortino Ratio Rank: 5656
Sortino Ratio Rank
XSVM Omega Ratio Rank: 5353
Omega Ratio Rank
XSVM Calmar Ratio Rank: 6969
Calmar Ratio Rank
XSVM Martin Ratio Rank: 5959
Martin Ratio Rank
SOXQ
SOXQ Risk / Return Rank: 9696
Overall Rank
SOXQ Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
SOXQ Sortino Ratio Rank: 9595
Sortino Ratio Rank
SOXQ Omega Ratio Rank: 9595
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.

XSVM vs. SOXQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Value with Momentum ETF (XSVM) 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.

XSVMSOXQDifference
Sharpe ratioReturn per unit of total volatility
1.88
5.43

-3.55

Sortino ratioReturn per unit of downside risk
2.74
5.22

-2.48

Omega ratioGain probability vs. loss probability

1.33

1.72

-0.39

Calmar ratioReturn relative to maximum drawdown

3.46

11.73

-8.27

Martin ratioReturn relative to average drawdown

10.66

45.01

-34.36

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSVM vs. SOXQ - Sharpe Ratio Comparison

The current XSVM Sharpe Ratio is 1.88, which is lower than the SOXQ Sharpe Ratio of 5.43. The chart below compares the historical Sharpe Ratios of XSVM 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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Sharpe Ratios by Period

XSVMSOXQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.88

5.43

-3.55

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.28

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.36

0.98

-0.62

Drawdowns

XSVM vs. SOXQ - Drawdown Comparison

The maximum XSVM drawdown since its inception was -62.57%, which is greater than SOXQ's maximum drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for XSVM and SOXQ.

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Drawdown Indicators

XSVMSOXQDifference

Max Drawdown

Largest peak-to-trough decline

-62.57%

-46.01%

-16.56%

Max Drawdown (1Y)

Largest decline over 1 year

-10.08%

-15.59%

+5.51%

Max Drawdown (3Y)

Largest decline over 3 years

-26.21%

-39.36%

+13.15%

Max Drawdown (5Y)

Largest decline over 5 years

-26.21%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-49.02%

—

—

Current Drawdown

Current decline from peak

-1.47%

0.00%

-1.47%

Average Drawdown

Average peak-to-trough decline

-11.57%

-12.96%

+1.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.27%

4.06%

-0.79%

Volatility

XSVM vs. SOXQ - Volatility Comparison

The current volatility for Invesco S&P SmallCap Value with Momentum ETF (XSVM) is 5.24%, while Invesco PHLX Semiconductor ETF (SOXQ) has a volatility of 13.44%. This indicates that XSVM experiences smaller price fluctuations and is considered to be less risky than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XSVMSOXQDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.24%

13.44%

-8.20%

Volatility (6M)

Calculated over the trailing 6-month period

12.05%

26.70%

-14.65%

Volatility (1Y)

Calculated over the trailing 1-year period

18.59%

33.78%

-15.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.71%

36.38%

-13.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.09%

36.38%

-11.29%

XSVM vs. SOXQ - Expense Ratio Comparison

XSVM has a 0.37% expense ratio, which is higher than SOXQ's 0.19% expense ratio.

Dividends

XSVM vs. SOXQ - Dividend Comparison

XSVM's dividend yield for the trailing twelve months is around 1.81%, more 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%
XSVM
Invesco S&P SmallCap Value with Momentum ETF		1.81%2.29%1.69%1.31%1.79%1.23%1.21%1.22%2.54%1.90%2.29%2.68%

Frequently Asked Questions

XSVM and SOXQ have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SOXQ has higher volatility (13.44%) compared to XSVM (5.24%). In terms of maximum drawdown, XSVM dropped -62.57% vs SOXQ's -46.01%.

On 3-year performance, SOXQ leads with 59.40% vs 15.99% for XSVM. On fees, SOXQ is cheaper at 0.19% per year. On volatility, XSVM has been the lower-risk option at 5.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, SOXQ has performed better with a 59.40% return vs 15.99%. 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 0.37% for XSVM.

XSVM has the higher dividend yield at 1.81%, compared with 0.26% for SOXQ.

XSVM is categorized as Momentum, while SOXQ is Semiconductors. XSVM tracks S&P SmallCap 600 High Momentum Value Index, while SOXQ tracks PHLX Semiconductor Sector Index. Their fees differ too: 0.37% for XSVM and 0.19% for SOXQ.

SOXQ currently has the higher Sharpe Ratio (5.43 vs 1.88), 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.

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