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SOXQ vs. SMH

Invesco Exchange-Traded Fund Trust II Invesco PHLX Semiconductor ETF

SOXQ
$
Today’s Change
()
vs

VanEck Semiconductor ETF

SMH
$
Today’s Change
()

Correlation

1M
3M
6M
YTD
1Y
3Y
Max

Performance Measures**

for the time period Jun 11, 2021 to Aug 21, 2026

Returns

1M Trailing Return:

3M Trailing Return:

SOXQ

-4.9%

-1.8%

SMH

-4.1%

-1.3%

Diff.

-0.8%

-0.5%

Measures of Risk or Volatility

Max Drawdown:

Standard Deviation:

SOXQ

-46.0%

38.0%

SMH

-45.3%

36.2%

Diff.

-0.7%

+1.8%

Measures of Risk-Adjusted Performance

Sharpe Ratio:

Calmar Ratio:

SOXQ

0.87

0.64

SMH

1.00

0.76

Diff.

-0.13

-0.12

SOXQInvesco Exchange-Traded Fund Trust II Invesco PHLX Semiconductor ETF
SMHVanEck Semiconductor ETF

What is SOXQ?

The Invesco PHLX Semiconductor ETF (Fund) is based on the PHLX Semiconductor Sector Index (Index). The Fund will normally invest at least 90% of its total assets in the securities that comprise the Index. The Index is designed to measure the performance of the 30 largest U.S.-listed securities of companies engaged in the semiconductor business. Semiconductors include products such as memory chips, microprocessors, integrated circuits and related equipment that serve a wide variety of purposes in various types of electronics, including in personal household products, automobiles and computers, among others. The Index includes companies engaged in the design, distribution, manufacture and sale of semiconductors. The Fund and the Index are reconstituted annually in September and rebalanced quarterly in March, June, September and December.

Snapshot
**

SOXQ Invesco Exchange-Traded Fund Trust II Invesco PHLX Semiconductor ETF
SMH VanEck Semiconductor ETF
Inception date
Jun 11, 2021
Dec 20, 2011
Expense ratio
0.19%
0.35%
SOXQ has a lower expense ratio than SMH by 0.15%. This can indicate that it’s cheaper to invest in SOXQ than SMH.
Type
US Equities
Global Equities
SOXQ targets investing in US Equities, while SMH targets investing in Global Equities.
Fund owner
Invesco
Van Eck Associates Corporation
SOXQ is managed by Invesco, while SMH is managed by Van Eck Associates Corporation.
Volume (1m avg. daily)
$1,336,679
$1,105,608,489
SMH is considered a high-volume asset, while ETF2 is low-volume. Low-volume assets will suffer from poor execution price – you can find a high-volume alternative ETF in SOXQ’s related ETFs section.
AUM
$139,896,952
$9,373,983,595
SOXQ has more assets under management than SMH by $9,234,086,643. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
PHLX Semiconductor Sector Index
MVIS US Listed Semiconductor 25 Index
SOXQ is based off of the PHLX Semiconductor Sector Index, while SMH is based off of the MVIS US Listed Semiconductor 25 Index
Inverse/Leveraged
No
No
Neither SOXQ nor SMH use an inverse or leveraged strategy.
Passive/Active
Passive
Passive
SOXQ and SMH both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
SOXQ and SMH may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither SOXQ nor SMH require a K1.

Trading Strategies
Related toSOXQ

SOXX Group

Category

Semiconductors, Leveraged ETFs, RSI/mean‑reversion, Volatility regimes, Tactical allocation, Daily rebalancing

OOS Cumulative Return

1230.31%

Trading Strategies
Related toSMH

Create your own algorithmic
trading strategy

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.

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