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ETFs

Invesco Exchange-Traded Fund Trust II Invesco PHLX Semiconductor ETF

SOXQ
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jun 11 2021
Expense Ratio
0.19%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$1,336,679
AUM
$139,896,952
Associated Index
PHLX Semiconductor Sector Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

INTC
Intel Corp.
8.48%
TXN
Texas Instruments Inc.
8.32%
AMD
Advanced Micro Devices Inc.
7.93%
AVGO
Broadcom Inc
7.83%
NVDA
NVIDIA Corp
7.35%
MU
Micron Technology Inc.
4.29%
ADI
Analog Devices Inc.
4.21%
NXPI
NXP Semiconductors NV
4.17%
QCOM
Qualcomm, Inc.
4.10%
TSM
Taiwan Semiconductor Manufacturing - ADR
3.99%
Invest with SOXQ

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.

ETFs related toSOXQ

ETFs correlated to SOXQ include SOXX, SOXL, SMH

SOXQ
Invesco Exchange-Traded Fund Trust II - Invesco PHLX Semiconductor ETF
SOXX
BlackRock Institutional Trust Company N.A. - iShares Semiconductor ETF
SOXL
Direxion Shares ETF Trust - Direxion Daily Semiconductor Bull 3X Shares
SMH
VanEck ETF Trust - VanEck Semiconductor ETF
PSI
Invesco Capital Management LLC - Invesco Semiconductors ETF
USD
ProShares Trust - ProShares Ultra Semiconductors 2X Shares
FTXL
First Trust Exchange-Traded Fund III - First Trust Nasdaq Semiconductor ETF
XSD
SPDR Series Trust - SPDR Semiconductors ETF
QTUM
ETF Series Solutions Trust - Defiance Quantum ETF
QTEC
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Technology Sector Index Fund
RSPT
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Technology ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

SOXQ is a US Equities ETF. 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.

SOXQ tracks the PHLX Semiconductor Sector Index.

No, SOXQ is not actively managed. It is passively managed. 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.

Yes, SOXQ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SOXQ is -0.0258%. This is the percent change in the value of SOXQ over the most recent 1-month period. The 3-month return on SOXQ is -0.0335%. This is the percent change in the value of SOXQ over the most recent 3-month period.

The standard deviation of SOXQ for the past year is 0.3433%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SOXQ include XLI, XLY, and XLV.

ETFs correlated to SOXQ include SOXX, SOXL, and SMH.

ETFs that are inversely correlated to SOXQ include SOXS, BERZ, and TECS.

Disclaimers

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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.