IVV vs SOXQ
iShares Core S&P 500 ETF vs Invesco PHLX Semiconductor ETF
Which is better, IVV or SOXQ?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. SOXQ led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 61.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | SOXQ |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.19% |
| AUM | $876.4B | $2.9B |
| Dividend Yield | 1.06% | 0.31% |
| Holdings | 508 | 33 |
| YTD Return | +11.57% | +58.04%Best |
| 1Y Return | +17.57% | +95.71%Best |
| 3Y Return (annualized) | +20.71% | +49.11%Best |
| 5Y Return (annualized) | +12.80% | +28.84%Best |
| Volatility (annualized) | 15.6%Best | 36.0% |
| Max Drawdown | -24.5%Best | -46.0% |
| $10,000 over 5 years | $18,262 | $35,502Best |
| Top 10 Weight | 37.9%Best | 61.8% |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Jun 11, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Jun 11, 2021 to Sep 10, 2026 (5.2 years).
IVV vs SOXQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.2 years both funds cover.
IVV vs SOXQ Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco PHLX Semiconductor ETF (SOXQ) is an ETF from Invesco (US). Over the past year IVV returned +17.57% while SOXQ returned +95.71%. Year to date, IVV is up 11.57% versus a gain of 58.04% for SOXQ.
Over three years, IVV compounded at +20.71% per year against +49.11% for SOXQ; over five years the annualized figures are +12.80% and +28.84% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SOXQ has been the more volatile fund, with annualized monthly volatility of 36.0% compared with 15.6% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.5% for IVV and -46.0% for SOXQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SOXQ charges 0.19%. On a $10,000 position that is $3 vs $19 annually, a gap of $16 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.31% for SOXQ.
Holdings Overlap
16.5% of IVV's money is in holdings SOXQ also owns. 76.8% of SOXQ's money is in holdings IVV also owns.
Most of SOXQ is already inside IVV. Owning both mostly buys the same companies twice.
18 positions in common, counted across the 505 positions we hold weights for in IVV and 31 in SOXQ, against full books of 508 and 33.
What only one of them owns
Our book lists 9 positions for SOXQ that do not appear in our book for IVV (8.5% of the fund), and 477 for IVV that do not appear in SOXQ (82.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SOXQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 12.80% | 4.82% |
| AVGOBroadcom Inc | 2.98% | 9.94% | 6.96% |
| MUMicron Technology, Inc. | 1.51% | 7.82% | 6.31% |
| AMATApplied Materials, Inc. | 0.64% | 5.16% | 4.52% |
| LRCXLam Research Corp | 0.58% | 4.24% | 3.66% |
| MRVLMarvell Technology Group Ltd | 0.28% | 4.53% | 4.25% |
| KLACKla Corp. | 0.38% | 4.32% | 3.94% |
| INTCIntel Corp. | 0.72% | 3.74% | 3.02% |
| TXNTexas Instruments, Inc | 0.38% | 3.96% | 3.58% |
| ADIAnalog Devices, Inc. | 0.28% | 3.91% | 3.63% |
76.8% of SOXQ is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or SOXQ?
IVV has an expense ratio of 0.03% while SOXQ charges 0.19%. IVV is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, IVV or SOXQ?
Over the past year IVV returned +17.57% vs +95.71% for SOXQ, so SOXQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SOXQ?
SOXQ has been the more volatile fund at 36.0% annualized versus 15.6% for IVV. Worst drawdown: IVV -24.5% vs SOXQ -46.0%.
Should I hold both IVV and SOXQ?
IVV and SOXQ have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and SOXQ?
76.8% of SOXQ's money is in holdings IVV also owns. 76.8% of SOXQ's is in holdings IVV also owns. They hold 18 positions in common, counted across the 505 positions we hold weights for in IVV and 31 in SOXQ.
Which pays a higher dividend, IVV or SOXQ?
IVV yields 1.06% while SOXQ yields 0.31%, so IVV currently pays the higher dividend yield.
Is SOXQ better than IVV?
IVV has a lower expense ratio. SOXQ led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 61.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.