SOXQ ETF

The semiconductor sector continues to thrive, driven by AI, high-speed networking, 5G, EVs, IoT, and data centers, making it less cyclical than in the past. The Invesco PHLX Semiconductor Index ETF offers a more diversified and risk-averse option compared to the VanEck's SMH ETF, with significantly lower weightings in Nvidia and TSMC. Despite SOXQ's solid performance, it has underperformed SMH by ~35% over the past 3 years, mainly due to its lower allocation in the semiconductor sector's leading companies.

Looking for broad exposure to the Technology - Semiconductors segment of the equity market? You should consider the Invesco PHLX Semiconductor ETF (SOXQ), a passively managed exchange traded fund launched on 06/11/2021.

Semiconductor stocks have dropped due to tensions over Chinese chip imports, creating an opportunity to buy. The fund features a strong price-to-performance ratio when compared to other semiconductor ETFs. The growth of AI has the potential to drive demand for new chips moving forward.

Invesco PHLX Semiconductor ETF has outperformed the S&P 500 index due to strong growth characteristics in the semiconductor industry. The fund's portfolio consists of 30 large-cap global semiconductor stocks with a strong tilt towards large-cap growth. Despite the industry's booming outlook, SOXQ's valuation is currently very expensive, suggesting a potential need for a pullback before investing.

Invesco PHLX Semiconductor ETF SOXQ is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 69.9% from its 52-week low price of $24.82/share.

Launched on 06/11/2021, the Invesco PHLX Semiconductor ETF (SOXQ) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Semiconductors segment of the equity market.

Designed to provide broad exposure to the Technology - Semiconductors segment of the equity market, the Invesco PHLX Semiconductor ETF (SOXQ) is a passively managed exchange traded fund launched on 06/11/2021.

For investors seeking momentum, Invesco PHLX Semiconductor ETF SOXQ is probably on the radar. The fund just hit a 52-week high and is up 80% from its 52-week low of $22.61 per share.

It's widely known that Nvidia (NVDA) isn't just a semiconductor behemoth, it's one of the world's largest companies of any stripe. That status has been facilitated in part by the firm's dominant perch in the realm of artificial intelligence (AI) chips.