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The Philadelphia Semiconductor Index (SOX) often shows different performance trends compared to broader market indices like the S&P 500 and the NASDAQ Composite due to its focus on the semiconductor sector. Here’s a quick comparison:
1. Year-to-Date Performance:
o SOX: Up approximately 25.82%1.
o S&P 500: Up around 17.5%2.
o NASDAQ Composite: Up about 22.3%2.
2. 1-Year Performance:
o SOX: Up around 41.84%1.
o S&P 500: Up about 30.2%2.
o NASDAQ Composite: Up approximately 35.6%2.
3. 5-Year Performance:
o SOX: Up around 241.42%1.
o S&P 500: Up about 110%2.
o NASDAQ Composite: Up around 150%2.
The SOX index tends to be more volatile due to the cyclical nature of the semiconductor industry, but it also offers higher growth potential during periods of technological advancement and increased demand for semiconductors.
Would you like to dive deeper into any specific trends or companies within these indices?
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