Data as of Nov 4, 2026.
SMHX vs SOXQ: Holdings Overlap & Returns
Over the year to Nov 4, 2026, SMHX returned +27.1% to SOXQ's +47.7%; 44% of their weight is in the same names.
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Net assets on Nov 3, 2026: $241m for VanEck Fabless Semiconductor ETF and $2.8bn for Invesco PHLX Semiconductor ETF.
66% of SMHX's weight is in S&P 500 companies and 34% is outside the index. Holdings as of Nov 2, 2026.
81% of SOXQ's weight is in S&P 500 companies and 19% is outside the index. Holdings as of Nov 3, 2026.
Pair scorecard
SOXQ costs 0.16 points a year less; their one-year returns differ by 20.6 points; SOXQ is 11.6 times larger.
Points (pts) are percentage points.
| Measure | SMHX | SOXQ |
|---|---|---|
| Return | ||
| Total return, 1 year | +27.1% | +47.7% |
| Drawdown | ||
| Below its all-time high | 25.9%, high on Jun 3, 2026 | 29.7%, high on Jun 22, 2026 |
| Against its benchmark | ||
| What it tracks | Semiconductors | Semiconductors |
| Its benchmark, total return, 1 year | +15.0% | |
| Against its benchmark, 1 year | ahead by 12.1 pts | |
| Cost and size | ||
| Expense ratio | 0.35% | 0.19% |
| Net assets, as of Nov 3, 2026 | $241m | $2.8bn |
| Holdings | ||
| Holdings in common | 44% | |
How different its holdings are from the S&P 500, ranked against 114 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed
Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →
Risk and return
Sep 6, 2024 to Oct 30, 2026 · 112 weekly returnsFrom Sep 2024 to Oct 2026, SOXQ returned slightly more: +138.6% to +133.9%. SOXQ swung slightly less: 36.2% to 37.2%. SOXQ fell less at its worst: −32.6% to −37.0%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | SMHX | SOXQ | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +133.9% | +138.6% | SOXQ (slight) | Price change plus distributions, reinvested. |
| Annualized | +48.4% | +49.7% | SOXQ (slight) | Total return as a yearly rate. |
| Price return | +133.7% | +135.6% | Tie | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 37.2% | 36.2% | SOXQ (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 23.5% | 22.9% | SOXQ (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −37.0% | −32.6% | SOXQ | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 1.14 | 1.19 | SOXQ (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 1.81 | 1.87 | SOXQ (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 1.31 | 1.53 | SOXQ | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 112 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, SMHX and SOXQ hold 44% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.
half
44% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | SMHX | SOXQ | SMHX | SOXQ |
| 3 months | −12.5% | −14.4% | −11.2 pts vs ACWI | not measured |
| 6 months | −7.7% | −10.4% | −10.3 pts vs ACWI | not measured |
| 1 year | +27.1% | +47.7% | +12.1 pts vs ACWI | not measured |
| 3 years | – | +202.3% | – | not measured |
| Since launchNot the same days: SMHX Aug 2024 · SOXQ Jun 2021 | +102.4% | +235.1% | +61.5 pts vs ACWI | not measured |
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Side by side
As of Nov 4, 2026. Source: ETFIQ.
44% of the two portfolios are the same securities at the same weight.
Client brief:
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SMHX
By weight, 66% of SMHX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 87%. The top ten holdings are 74% of the fund across 22 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +27.1% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was ahead by 12.1 pts. It sits 25.9% below its all-time high of Jun 3, 2026.
SOXQ
By weight, 81% of SOXQ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 81%. The top ten holdings are 61% of the fund across 32 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +47.7% with distributions reinvested. It sits 29.7% below its all-time high of Jun 22, 2026.
Questions people ask
- Do SMHX and SOXQ hold the same stocks?
- By their latest filings, 44% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, SMHX against SOXQ, data as of Nov 4, 2026. https://etfiq.com/compare/themes/smhx-vs-soxq
ETFIQ. (Nov 4, 2026). SMHX against SOXQ. Retrieved from https://etfiq.com/compare/themes/smhx-vs-soxq
[SMHX against SOXQ (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/smhx-vs-soxq)
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