SOXQ — Invesco PHLX Semiconductor ETF

SOXQ Price Performance — Growth of $10,000

Value of a $10,000 investment in SOXQ over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

SOXQ Drawdown

The "underwater" chart: SOXQ's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Invesco PHLX Semiconductor ETF is a technology-focused fund issued by Invesco with $2.96 billion in assets under management. It holds an ETFValuer grade of B, reflecting a score of 73.1 out of 100, and ranks 6th among 17 similar funds in its category. The fund’s expense ratio of 0.19% is notably lower than the category median of 0.37%, while its dividend yield of 0.31% exceeds the median of 0.13%. Concentration is evident in its top 10 holdings, which comprise 63.0% of assets, with Micron Technology, Inc. serving as the largest single position at 11.8%. This concentration and cost structure define its profile within the broader technology sector.

The fund’s price of $92.40 sits at 67.2% of its 52-week range, indicating a position closer to the upper end of its historical trading band. Short-term performance shows mixed signals, with a 1-day gain of 3.36% contrasting against a 1-month decline of 2.53% and a 3-month drop of 3.97%. However, longer-term horizons reveal strong momentum, as the 6-month return of 56.35% and year-to-date gain of 59.63% demonstrate significant appreciation. The 1-year return of 107.87% substantially outpaces the category median of 38.69%, highlighting its recent strength. This upward trajectory has supported a stable grade B rating over the last 35 tracked days, despite the fund having only 3.0 years of price history available.

Risk metrics indicate a highly volatile asset, with an annualized volatility of 44.45% labeled as Very High. The beta of 2.27 suggests the fund moves more than twice as much as the broader market, amplifying both upside and downside exposure. This sensitivity is reflected in a maximum drawdown of -39.36%, showing the depth of recent losses during downturns. Despite the high volatility, the Sharpe ratio of 2.31 implies that the returns generated have compensated well for the risk taken. Liquidity is robust, with an average daily volume of 2,438,958 shares, though the bid/ask spread of 6.17% warrants attention for trading costs.

AI-generated summary based on the data on this page.

SOXQ Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 63.0% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how SOXQ's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With SOXQ

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with SOXQ's top 10 — SOXX overlaps most, holding 8 of the same companies as SOXQ's top 10 (55.0% of SOXQ's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.77% (as of 2026-09-03) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 14.32 (as of 2026-09-03) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

SOXQ Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 6.17% and average daily volume is 2.4M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $2.96B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: SOXQ is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

SOXQ Performance History

How SOXQ Compares to Other Technology ETFs