SHOC vs SOXX

SHOCBStrive U.S. Semiconductor ETF

SOXXAiShares 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.

SOXX The original chip ETF, running since 2001 and still one of the most heavily traded ways to own the semiconductor complex: roughly 30 US-listed names, from chip designers to the equipment makers who supply them.

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.

SOXX The Fund is designed to follow an index of U.S.-listed companies operating in the semiconductor sector.

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.

• SOXX Live since 2001, it is one of the longest-running semiconductor funds and now a multi-billion-dollar one, with heavy daily volume that typically keeps bid-ask spreads narrow.
• 0.33% a year, slightly under the typical fee among semiconductor ETFs.
• A clean pure play: the index tracks US-listed semiconductor companies only, roughly 30 of them, spanning the chip value chain rather than one slice of it.ishares.com
• On cost, liquidity and index execution together, it stands among the stronger builds in a crowded semiconductor field.

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.

• SOXX One sector, roughly 30 stocks, non-diversified by design. Moves are bigger than a broad market fund's in both directions.ishares.com
• Cheaper chip funds exist: SOXQ charges 0.19% and CHPS 0.15%, so part of this fee buys the deeper trading pool rather than the exposure itself.
• Not an income vehicle. Chipmakers tend to pay modest dividends, and the fund distributes quarterly.ishares.com

Full SHOC profile⁠

Full SOXX profile⁠