SOXQ delivers concentrated exposure to NVIDIA, Broadcom, and ASML, capitalizing on hyperscaler AI capex spending through 2026.
Invesco PHLX Semiconductor ETF (SOXQ) has returned 49% year-to-date, driven by holdings in NVIDIA, Broadcom, Micron, and ASML. These companies benefit from hyperscaler AI capital expenditures on GPUs, accelerators, and lithography equipment, fueling sustained demand.
SOXQ tracks the PHLX Semiconductor Sector Index with a 0.19% expense ratio, offering similar exposure to the iShares Semiconductor ETF (SOXX) at roughly half the cost. However, its top 10 holdings account for 61% of the portfolio, increasing concentration risk from individual company guidance cuts.
The ETF trades around $86, reflecting strong investor interest in semiconductor firms positioned to capitalize on AI infrastructure growth. Hyperscalers’ AI budgets are expected to support demand for chip designers and equipment makers through 2026.