SOXX Delivered Larger Gains Than XLK, but With Greater Risk and Volatility Jake Lerch, The Motley Fool Sun, January 11, 2026 at 1:43 AM GMT+5:30 5 min read XLK ^GSPC Key Points SOXX is more concentrated in semiconductors than XLK XLK has a lower expense ratio than SOXX SOXX has experienced a deeper maximum drawdown over five years compared to XLK These 10 stocks could mint the next wave of millionaires › Both iShares Semiconductor ETF (NASDAQ:SOXX) and State Street Technology Select Sector SPDR ETF (NYSEMKT:XLK) aim to give investors access to the U. S. technology sector, but they differ in scope and risk. SOXX zeroes in on semiconductor companies, making it more concentrated, while XLK casts a wider net across software, hardware, and IT services.
