Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) has outperformed the market over the past 5 years by 19.77% on an annualized basis producing an average annual return of 31.89%. Currently, Invesco PHLX Semiconductor ETF has a market capitalization of $2.43 billion.
Buying $1000 In SOXQ: If an investor had bought $1000 of SOXQ stock 5 years ago, it would be worth $3,990.99 today based on a price of $103.00 for SOXQ at the time of writing.
Invesco PHLX Semiconductor ETF’s Performance Over Last 5 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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