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SOXQ - ETF AI Analysis
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Invesco PHLX Semiconductor ETF (SOXQ)
Rating:75Outperform
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, reflecting strength in the semiconductor sector.
Low Expense Ratio
With a lower-than-average expense ratio, this ETF allows investors to keep more of their returns.
Top Holdings Driving Growth
Several key holdings, such as AMD, Micron, and Nvidia, have shown strong year-to-date performance, supporting the fund's overall returns.
Negative Factors
Sector Concentration Risk
The ETF is heavily concentrated in the technology sector, making it vulnerable to downturns in the semiconductor industry.
Geographic Overexposure
Nearly all of the fund's investments are in U.S.-based companies, limiting diversification across global markets.
Underperforming Holding
Marvell, one of the top holdings, has lagged in performance this year, slightly dragging on the fund's overall momentum.
SOXQ vs. SPDR S&P 500 ETF (SPY)
AUM871.63M
RegionNorth America
Expense Ratio0.19%
Beta2.00
IssuerInvesco
Inception DateJun 11, 2021
Dividend Yield0.48%
Asset ClassEquity
Index TrackedPHLX / Semiconductor
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume548,065
30 Day Avg. Volume737,062
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
66.71Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering31
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SOXQ Summary
The Invesco PHLX Semiconductor ETF (SOXQ) is a fund that focuses on the semiconductor industry, which is essential for powering modern technology like smartphones, computers, and cars. It follows the PHLX Semiconductor Sector Index and includes major companies like Nvidia and AMD, which are leaders in designing and producing chips. This ETF could be a good choice for investors looking to benefit from the growth of technology-driven industries such as artificial intelligence and 5G. However, it’s important to know that the ETF is heavily tied to the tech sector, meaning its value can rise or fall with changes in technology demand.
How much will it cost me?The Invesco PHLX Semiconductor ETF (SOXQ) has an expense ratio of 0.19%, meaning you’ll pay $1.90 per year for every $1,000 invested. This is lower than average for ETFs because it is passively managed, tracking the PHLX Semiconductor Sector Index rather than relying on active stock picking.
What would affect this ETF?The Invesco PHLX Semiconductor ETF (SOXQ) could benefit from growing demand for semiconductors driven by advancements in AI, cloud computing, 5G, and IoT technologies, as well as strong performance from top holdings like Nvidia and AMD. However, the ETF may face challenges from potential supply chain disruptions, regulatory changes, or economic slowdowns that impact technology spending. Additionally, rising interest rates could negatively affect growth-focused sectors like semiconductors.
SOXQ Top 10 Holdings
The Invesco PHLX Semiconductor ETF (SOXQ) is riding the wave of semiconductor innovation, with standout performers like Micron and AMD driving gains thanks to their strong positioning in AI and data center technologies. Nvidia, a heavyweight in the fund, has seen mixed momentum recently, with long-term AI growth prospects offset by valuation concerns. Meanwhile, Marvell is lagging, holding back the fund’s overall performance. With nearly all holdings rooted in the U.S. semiconductor sector, this ETF is a concentrated bet on the backbone of modern tech, offering both high growth potential and sector-specific risks.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 11.81% | $101.10M | $4.49T | 36.15% | 76 Outperform | |
| Broadcom | 7.77% | $66.50M | $1.58T | 48.22% | 76 Outperform | |
| Advanced Micro Devices | 7.09% | $60.66M | $333.23B | 76.39% | 73 Outperform | |
| Micron | 5.21% | $44.57M | $388.40B | 229.19% | 79 Outperform | |
| Lam Research | 4.85% | $41.53M | $252.41B | 169.20% | 77 Outperform | |
| KLA | 4.25% | $36.35M | $174.04B | 93.92% | 77 Outperform | |
| Analog Devices | 4.25% | $36.34M | $146.48B | 40.87% | 78 Outperform | |
| ASML Holding | 4.25% | $36.34M | $480.69B | 61.61% | 81 Outperform | |
| Texas Instruments | 4.22% | $36.10M | $171.23B | -0.89% | 78 Outperform | |
| Applied Materials | 4.21% | $35.99M | $223.32B | 64.08% | 77 Outperform |
SOXQ Technical Analysis
Positive
―
Price Trends
55.72
Positive
52.44
Positive
45.70
Positive
Market Momentum
1.01
Negative
58.05
Neutral
80.72
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SOXQ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 56.72, equal to the 50-day MA of 55.72, and equal to the 200-day MA of 45.70, indicating a bullish trend. The MACD of 1.01 indicates Negative momentum. The RSI at 58.05 is Neutral, neither overbought nor oversold. The STOCH value of 80.72 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SOXQ.
SOXQ Peer Comparison
Comparison Results
Performance Comparison
SOXQ
Invesco PHLX Semiconductor ETF
58.52
19.28
49.13%
IETC
iShares Evolved US Technology ETF
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QQH
HCM Defender 100 Index ETF
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CHPY
YieldMax Semiconductor Portfolio Option Income ETF
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SMHX
VanEck Fabless Semiconductor ETF
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SHOC
Strive U.S. Semiconductor ETF Strive U.S. Semiconductor ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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