Mikebierer wrote a post · May 30, 2022 16:57

SOXX Is Good But SOXQ Appears Better For The Value Strategy.

$INVESCO PHLX SEMICONDUCTOR ETF (SOXQ.US)$ , not to be confused with the better-known $iShares Semiconductor ETF (SOXX.US)$ by iShares, is an Invesco ETF holding big semiconductor names.

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ Many of the top names held by these two ETFs are practically the same, but the percentage held as part of total assets differs.This difference is explained by SOXQ's slight tilt towards the value strategy.

SOXX Is Good But SOXQ Appears Better For The Value Strategy.

Now, a number of conducive factors could play in favor of the wider trading environment including semis, but, it is important to exercise some caution as well.

In a market characterized by sporadic news about inflation easing, but still remaining on the high side, adding lower-charging SOXQ to your portfolio makes sense.

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