iShares PHLX SOX Semiconductor Sector Index Fund (NASDAQ:SOXX) has outperformed the market over the past 5 years by 15.83% on an annualized basis producing an average annual return of 27.31%. Currently, iShares PHLX SOX Semiconductor Sector Index Fund has a market capitalization of $43.21 billion.
Buying $1000 In SOXX: If an investor had bought $1000 of SOXX stock 5 years ago, it would be worth $3,345.04 today based on a price of $525.03 for SOXX at the time of writing.
iShares PHLX SOX Semiconductor Sector Index Fund’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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