Here's How Much You Would Have Made Owning iShares PHLX SOX Semiconductor Sector Index Fund Stock In The Last 10 Years

PHLX Sox Semiconductor Sector Ishares

PHLX Sox Semiconductor Sector Ishares

SOXX

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iShares PHLX SOX Semiconductor Sector Index Fund (NASDAQ:SOXX) has outperformed the market over the past 10 years by 19.5% on an annualized basis producing an average annual return of 33.1%. Currently, iShares PHLX SOX Semiconductor Sector Index Fund has a market capitalization of $32.77 billion.

Buying $1000 In SOXX: If an investor had bought $1000 of SOXX stock 10 years ago, it would be worth $17,340.39 today based on a price of $504.14 for SOXX at the time of writing.

iShares PHLX SOX Semiconductor Sector Index Fund's Performance Over Last 10 Years

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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.