$100 Invested In iShares PHLX SOX Semiconductor Sector Index Fund 20 Years Ago Would Be Worth This Much Today
Benzinga Insights 2 hours ago
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iShares PHLX SOX Semiconductor Sector Index Fund (NASDAQ:SOXX) has outperformed the market over the past 20 years by 14.76% on an annualized basis producing an average annual return of 23.62%. Currently, iShares PHLX
iShares PHLX SOX Semiconductor Sector Index Fund (NASDAQ:SOXX) has outperformed the market over the past 20 years by 14.76% on an annualized basis producing an average annual return of 23.62%. Currently, iShares PHLX SOX Semiconductor Sector Index Fund has a market capitalization of $41.80 billion.
Buying $100 In SOXX: If an investor had bought $100 of SOXX stock 20 years ago, it would be worth $7,003.95 today based on a price of $466.49 for SOXX at the time of writing.
iShares PHLX SOX Semiconductor Sector Index Fund’s Performance Over Last 20 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.