SOXQ

Invesco PHLX Semiconductor ETF

$53.63

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Invesco PHLX Semiconductor ETF (SOXQ) seeks to track the investment results of an index that is designed to provide exposure to companies in the semiconductor industry.

Overview

ETF tracking Invesco PHLX Semiconductor ETF

Category Technology

Issuer Invesco

Inception Date 2021-06-11

Market Cap $604.9M

Average Volume N/A

Dividend Yield 0.53%

52-Week Range $28.07 - $57.69

VWAP $53.57

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Invesco PHLX Semiconductor ETF (SOXQ) seeks to track the investment results of an index that is designed to provide exposure to companies in the semiconductor industry.

🎯 Investment Strategy

The ETF employs a passive management approach, attempting to replicate the performance of the PHLX Semiconductor Sector Index. The index is composed of U.S.-listed companies engaged in the semiconductor business, which may include semiconductor equipment and semiconductor equipment materials manufacturers.

✨ Key Features

Provides exposure to the semiconductor industry, which is a key component of the broader technology sector
Passively tracks an index of semiconductor-related companies
Low expense ratio of 0.00%
Relatively new ETF with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on a single industry sector
Volatility risk as the semiconductor industry can be subject to rapid changes in technology and market conditions
Lack of diversification compared to a broader technology or market index fund
Limited performance history to evaluate long-term returns

👤 Best For

This ETF may be suitable for investors seeking targeted exposure to the semiconductor industry as part of a diversified technology or growth-oriented portfolio. However, due to the fund's limited history, it may be more appropriate for experienced investors who can tolerate the higher volatility and risks associated with a concentrated sector fund.