ETF Evaluator:
Invesco PHLX Semiconductor ETF (SOXQ)
Follow This ETF
(as of Jul 31)
Best Performing in Technology Over the Last Year
| 213.0% | Invesco Semiconductors ETF (PSI) |
| 203.0% | VistaShares Artfcl Intlgc Supercycle ETF (AIS) |
| 197.3% | First Trust Nasdaq Semiconductor ETF (FTXL) |
| 196.0% | Xtrackers Semiconductor Select Eq ETF (CHPS) |
| 169.6% | iShares Semiconductor ETF (SOXX) |
Risk
Index
Risk
Index
ETF Details
Invesco PHLX Semiconductor ETF Overview
Invesco PHLX Semiconductor ETF (SOXQ) is a passively managed Sector Equity Technology exchange-traded fund (ETF). Invesco launched the ETF in 2021.
The investment seeks to track the investment results (before fees and expenses) of the PHLX Semiconductor Index.
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq compiles the underlying index, which is a modified market-capitalization weighted index designed to measure the performance of the 30 largest companies listed in the United States that are engaged in the semiconductor business, as determined by the index Provider. The fund is non-diversified.
About Invesco PHLX Semiconductor ETF (SOXQ)
There are 3 members of the management team with an average tenure of 5.05 years: Peter Hubbard (2021), Michael Jeanette (2021) and Pratik Doshi (2021). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: NASDAQ Composite TR USD index with a weighting of 100% and PHLX Semiconductor Sector TR USD index with a weighting of 100%. Invesco PHLX Semiconductor ETF has 31 securities in its portfolio. The top 10 holdings constitute 61.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Invesco PHLX Semiconductor ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Invesco PHLX Semiconductor ETF has 9.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 90.7% There is 9.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Invesco PHLX Semiconductor ETF has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $2 billion in total assets, which is below the $3 billion average for the Technology category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
SOXQ Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Invesco PHLX Semiconductor ETF expense ratio is low compared to funds in the Technology category. Invesco PHLX Semiconductor ETF has an expense ratio of 0.19%, which is 64% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Invesco PHLX Semiconductor ETF has a portfolio turnover rate of 24%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 36% for the Technology category.
Recently, in the month of June 2026, Invesco PHLX Semiconductor ETF returned 11.1%, which earned it a grade of A, as the Technology category had an average return of 0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Invesco PHLX Semiconductor ETF has a trailing yield of 0.25%, which is below the 0.49% category average.
The fund normally distributes its income quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Invesco PHLX Semiconductor ETF Grades
Year to date, the ETF has returned 101.5%, 66.3 percentage points better than the category, which translates into a grade of A. The fund has returned 157.9% over the past year (grade of A), 58.1% over the past three years (grade of A) and 34.8% per year over the past five years (grade of A).
For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about Invesco PHLX Semiconductor ETF, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
SOXQ Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SOXQ Return (NAV) | 11.1% | 87.8% | 157.9% | 58.1% | 34.8% | na |
| SOXQ Return (Price) | 11.0% | 87.9% | 157.9% | 58.1% | 34.7% | na |
| NAV +/- Price Return | 0.054% | -0.078% | -0.036% | 0.041% | 0.043% | na |
| Technology Avg | 0.0% | 40.3% | 52.2% | 27.7% | 12.4% | 21.0% |
| SOXQ Grade (NAV) | A | A | A | A | A | na |
| +/- Category (NAV) | 11.0% | 47.5% | 105.7% | 30.4% | 22.4% | na |
| SOXQ Tax-Cost Ratio | na | na | 0.2% | 0.2% | 0.3% | na |
SOXQ Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SOXQ Return (NAV) | 101.5% | 43.1% | 20.1% | 66.7% | -35.0% | na | na | na | na | na | na |
| SOXQ Return (Price) | 101.4% | 43.1% | 20.2% | 66.7% | -35.6% | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.001% | 0.000% | 0.005% | 0.001% | 0.017% | na | na | na | na | na | na |
| Technology Avg | 35.2% | 23.2% | 19.9% | 43.8% | -35.8% | 16.7% | 53.3% | 37.8% | -3.2% | 33.7% | 15.0% |
| SOXQ Grade (NAV) | A | A | C | A | C | na | na | na | na | na | na |
| +/- Category | 66.3% | 19.9% | 0.1% | 22.9% | 0.8% | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 2.19 |
| R-Squared: | 65% |
| Standard Deviation: | 34.2% |
| Category Risk Index: | 1.34 |
| Category Risk Rating: | High |
| Total Risk Index: | 2.82 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 0.3% |
| Total Assets: | $ 2,770 Mil |
| Share Class Assets: | $ 2,770 Mil |
| Turnover: | 24.0% |
| Expense Ratio: | 0.19% |
| Index Fund: | Yes |
| Index Tracked: | NASDAQ Composite TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 5.1 years | |||
| Average Tenure: 5.1 years | |||
| Managers (Year): Hubbard Peter (2021), Jeanette Michael (2021), Doshi Pratik (2021) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 31 |
| % in Top 10 Holdings: | 61.5% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 9.2% |
Portfolio Allocation |
|
| Domestic Stock: | 90.7% |
| Foreign Stock: | 9.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Invesco |
| Phone Number: | 800-983-0903 |
| Website: | www.invescopowershares.com |
| Inception Date: | June 11, 2021 |
Expenses and Fees
| Expense Ratio (%): | 0.19% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.53% |
