If You Invested $100 In iShares PHLX SOX Semiconductor Sector Index Fund Stock 10 Years Ago, You Would Have This Much Today

PHLX Sox Semiconductor Sector Ishares -0.64%

PHLX Sox Semiconductor Sector Ishares

SOXX

336.37

-0.64%

iShares PHLX SOX Semiconductor Sector Index Fund (NASDAQ:SOXX) has outperformed the market over the past 10 years by 12.52% on an annualized basis producing an average annual return of 25.2%. Currently, iShares PHLX SOX Semiconductor Sector Index Fund has a market capitalization of $16.09 billion.

Buying $100 In SOXX: If an investor had bought $100 of SOXX stock 10 years ago, it would be worth $947.92 today based on a price of $286.48 for SOXX at the time of writing.

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

comp_fig

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.