SHOC vs SOXQ

SHOCBStrive U.S. Semiconductor ETF

SOXQAInvesco PHLX Semiconductor ETF

In short

SHOC SHOC keeps the chip trade domestic and compact: roughly 30 U.S.-listed semiconductor names from Solactive's capped index, with position limits so one megacap can't run the whole show. Strive launched it in 2022.

SOXQ SOXQ owns the semiconductor industry's landmark benchmark, the PHLX Semiconductor Sector Index, for 0.19% a year. About 30 US-listed chip names, at roughly half the fee of the typical semiconductor fund.

Stated mandate

SHOC The Fund seeks to track, before fees and expenses, the total return of an index composed of U.S.-listed equities in the semiconductor sector. Its specified index is the Solactive United States Semiconductors 30 Capped Index.

SOXQ The Fund seeks to track the investment results, before fees and expenses, of the PHLX Semiconductor Sector Index.

Why people hold it

• SHOC Domestic by design. The index is built from U.S.-listed semiconductor equities, so this is a stateside silicon basket rather than a global chip fund.
• The capped index limits how large any single name can grow inside a roughly 30-stock portfolio, spreading weight across more of the chip complex than a top-heavy build.
• Rules over hunches: it tracks a named Solactive index, and the sector, geography and objective are spelled out in the fund's own registration statement.

• SOXQ Charges 0.19% a year against a semiconductor-fund median near 0.35%. Same industry, less friction.
• Undercuts the category's best-known tickers on fee: SMH at 0.35% and SOXX at 0.33%.
• Tracks the PHLX Semiconductor Sector Index, a focused basket of roughly 30 US chip companies. No stock-picking, no theme drift.
• A multi-billion-dollar, actively traded fund, and one of the stronger builds in the semiconductor cohort.

Worth knowing

• SHOC Fee math is the trade-off: 0.40% a year sits above the semiconductor group's median and above cheap index rivals like CHPS (0.15%) and SOXQ (0.19%).
• It trades lighter than the category's household names such as SMH and SOXX, so bid-ask spreads can run wider and size takes more care to work.
• Concentration cuts both ways. About 30 stocks in one cyclical industry means this rides the chip cycle rather than smoothing it out.

• SOXQ About 30 stocks in one industry. That concentration puts it among the more volatile funds in its peer group, in both directions.
• Not the absolute cheapest chip ETF: CHPS runs 0.15%, though it tracks a different index.
• Launched in 2021, so its record is shorter than the decade-plus histories of the category's older funds.

Full SHOC profile⁠

Full SOXQ profile⁠