The PHLX Semiconductor Se♒ctor Index (SOX) is a ca♔pitalization-weighted index composed of 30 semiconductor companies.
The PHLX Semiconductor Sector Index (SOX) is a capitalization-weighted index composed of 30 semiconductor companies. The companies in the index have primary business operations that involve the design, distribution, manufacture, and sale of semiconductors. The index is designed to track the performance of listed semiconductors.
Key Takeaways
- The PHLX Semiconductor (SOX) is an equity index composed of companies primarily involved in the production and sale of semiconductor products such as microchips, computers, and networking equipment.
- The SOX is a modified market capitalization-weighted index listed on the Philadelphia Stock Exchange in cooperation with Nasdaq Inc.
- Tech investors can look to several ETF products that track the SOX.
Understandi൩ng the PHLX Semiconductor Sector Index (S♔OX)
The PHLX Semiconductor Sector Index (SOX) was created by the 澳洲幸运5官方开奖结果体彩网:Philadelphia Stock Exchange (PHLX) in 1993. It continues to be managed by the Exchange with support from its owner Nasdaq. Real-time data is provided daily from the PHLX.
To be included in the index, a security must meet the follo𒅌wing criteria defined by the PHLX and Nasdaq.
- A stock must have business operations that primarily focus on the design, distribution, manufacture, and sale of semiconductors.
- Stocks must be listed on the Nasdaq, 澳洲幸运5官方开奖结果体彩网:New York Stock Exchange (NYSE), NYSE American, or the CBOE Exchange.
- Shares can include common stocks, ordinary shares, 澳洲幸运5官方开奖结果体😼彩网:American depositary receipts (ADRs), shares of beneficial interest, or limited partnership interests.
- Securities must have a minimum 澳洲幸运5官方开奖结果体彩网:market capitalization of at least $100 million.
- Members must have traded at least 1.5 million shares in each of the six calendar months leading up to the reference date.
- The security has been trading for at least three months on a registered market, not including the month of initial listing.
- The security must have listed options on a registered market in the U.S. or be eligible to do so.
- The security cannot be in the middle of 澳洲幸运5官方开奖结果体彩网:bankruptcy proceedings.
SOX Components
If the PHLX and Nasdaq identify more than 30 eligible securities, the index will only include the top 30 largest by market capitalization. As of December 2023, the SOX was composed of the following securities:
SOX Index Components (December 2023) | |
---|---|
Company Name | Security Symbol |
ADV MICRO DEVICES | AMD |
ALLEGRO MICROST CMN | ALGM |
AMKOR TECHNOLOGY | AMKR |
ANALOG DEVICES CMN | ADI |
APPLIED MATERIALS | AMAT |
ASML HLDG NY REG | ASML |
BROADCOM INC. | AVGO |
COHERENT CORP. CM | COHR |
ENTEGRIS INC. | ENTG |
GLOBALFOUNDRIES ORD | GFS |
INTEL CORP | INTC |
KLA CP CMN STK | KLAC |
LAM RESEARCH CORP | LRCX |
LATTICE SEMICOND | LSCC |
MARVELL TECH GROUP | MRVL |
MICROCHIP TECHNOLOGY | MCHP |
MICRON TECHNOLOGY | MU |
MONOLITHIC POWER SYS | MPWR |
NVIDIA CORPORATION | NVDA |
NXP SEMICONDUCTORS | NXPI |
ON SEMICONDUCTOR | ON |
QORVO, INC. CMN | QRVO |
QUALCOMM INC | QCOM |
RAMBUS INC. | RMBS |
SKYWORKS SOLUTIONS | SWKS |
TAIWAN SEMICOND ADS | TSM |
TERADYNE INC CMN | TER |
TEXAS INSTRUMENTS | TXN |
WOLFSPEED, INC. CM | WOLF |
Inve☂sting in the PHLX Semiconductor Sector Index (SOX)
The SOX is a closely watched index for investors interested in technology chip stocks. Options on the index are actively traded. Investors interested in investing in the index’s components can look into 澳洲幸运5官方开奖结果体彩网:exchange traded funds (ETFs).
A popular ETF index fund that tracks the SOX is the Invesco PHLX Semiconductor ETF (SOXQ).
The Philadelphia Stock Exchange (PHLX)
The PHLX is the oldest 澳洲幸运5官方开奖结果体彩网:stock exchange in the United States. It was acquired by Nasdaq in 2008 and focuses on the trading of options. Its listings include equity options, index options, and foreign exchange options.
The SOX is one of several focused sector indexes created by the PHLX. Other indexes include the PHLX Housing Sector, PHLX Oil Service Sector, PHLX Utility Sector, and the PHLX Gold/Silver Sector Index.
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