SOXX — iShares Semiconductor ETF

Overview

The iShares Semiconductor ETF (SOXX) operates within the Technology category, which ETFValuer currently tracks with 4 funds. Issued by iShares, this fund has accumulated assets under management of $47.8 billion and trades at a price of $562.03. It holds an overall rank of #18 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of B+ with a score of 75.7 out of 100. The fund charges an expense ratio of 0.34% and offers a dividend yield of 0.57%. The substantial asset size and high price point suggest significant investor adoption relative to other funds in the sector. These metrics position SOXX as a major vehicle for exposure to semiconductor equities within the broader technology landscape.

Recent performance data shows a sharp divergence between short-term and long-term returns, with the fund gaining +1.87% over one day but falling -12.29% over the past week. Monthly returns have recovered to +4.17%, while the three-month period saw a massive surge to +61.69%. This acceleration continued through the six-month horizon, where returns reached +76.90%, and extended to a year-to-date gain of +79.36%. The one-year return stands at +136.47%, and the three-year return is exceptionally high at +227.82%. This pattern indicates a period of intense growth over the longer horizons despite recent weekly volatility. The fund's closest category peers, XLK and VGT, recorded one-year returns of +43.07% and +38.88% respectively.

SOXX carries a volatility label of Very High, which aligns with its beta of 2.24, indicating that the fund's price movements are more than twice as sensitive to market changes than the broader benchmark. Despite this elevated volatility, the fund has achieved a Sharpe ratio of 3.16, suggesting that the returns generated have been substantial relative to the risk taken. However, the fund has experienced a maximum drawdown of -41.36%, highlighting the potential for significant capital loss during market downturns. This combination of a high beta and deep drawdown implies that the ETF is prone to sharp declines even as it captures aggressive upside moves. The high Sharpe ratio demonstrates that the periods of growth have historically outweighed the periods of decline in terms of risk-adjusted returns.

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

SOXX Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing.

Market Backdrop

10-Year Treasury Yield: 4.55% (as of 2026-07-07) — 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): 16.13 (as of 2026-07-07) — 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.

SOXX Performance History

How SOXX Compares to Other Technology ETFs