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 (SOXQ) is a technology sector fund issued by Invesco that tracks a broad universe of semiconductor companies. With assets under management totaling $2.77 billion and a current share price of $93.04, the fund has achieved significant scale within the 17 ETFs tracked in its category. It holds an overall rank of #65 out of 458 tracked ETFs across all categories, earning an ETFValuer grade of B with a score of 73.5 out of 100. The fund charges an expense ratio of 0.19% and offers a dividend yield of 0.25%. The substantial asset base and mid-tier ranking suggest active investor adoption relative to the broader market landscape. These metrics position the fund as a well-established vehicle within the technology sector despite its specific focus on semiconductors.

Recent performance data reveals a sharp divergence between short-term fluctuations and long-term gains, with the fund dropping 4.24% over the last day and falling 12.09% over the past month. Conversely, the fund has demonstrated strong momentum over longer horizons, posting a 17.35% gain over three months and a 47.02% increase over six months. Year-to-date returns have surged to 60.74%, while the one-year return stands at an impressive 110.54%. This upward trajectory extends further into the past, with the three-year return reaching 211.71%. The pattern indicates a period of recent volatility that has not dampened the fund's substantial multi-year appreciation. Such a steep climb over the last year contrasts with the immediate pullback seen in the most recent trading sessions.

The fund carries a volatility label of Very High and a beta of 2.19, indicating that its price movements are significantly more sensitive to market shifts than the broader benchmark. This high sensitivity is reflected in a maximum drawdown of -39.36%, showing the extent of potential losses during downturns. Despite these elevated risks, the fund has generated a Sharpe ratio of 2.51, suggesting that the returns achieved have been substantial relative to the volatility endured. The combination of a very high beta and a deep drawdown implies the fund experiences amplified swings in both rising and falling markets. Investors in this vehicle must be prepared for significant price fluctuations while potentially benefiting from the high risk-adjusted returns indicated by the Sharpe metric.

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

SOXQ Top Holdings

Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 58.2% 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 — SMH overlaps most, holding 8 of the same companies as SOXQ's top 10 (47.5% 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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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 2026-06-01) — 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 0.43% and average daily volume is 2.7M/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 $2.77B 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