I hold both ETF's in my portfolio (DCA issues over time) and I have noticed that SOXQ has beaten SMH across most metrics so far over the past year. Using Stock Analysis…
1 Year: SOXQ = 138.75%, SMH = 133.06%
6 Months: SOXQ = 40.99%, SMH = 37.25%
3 Months: SOXQ = 23.66%, SMH = 20.52%
1 Month: SOXQ = 35.10%, SMH = 31.59%
I'm guessing this phenomenon is because SMH is more heavily weighted toward NVDA, while SOXQ is more heavily weighted toward MU, which has been on an absolute tear this past year.
Posted by GenXDrummer