# PHLX SOX — Semiconductor Historical Annual Returns

Source: https://historyofmarket.com/semi/semi-annual/
Language: en
Data through 2026-11-12
License: data CC BY 4.0, text © History of Market — cite "History of Market (historyofmarket.com)" and link the source page. Terms: https://historyofmarket.com/license/
Section: History of Market › Semiconductors › Semiconductor Historical Annual Returns

SOX year to date: +48.3% as of 2026-11-12.

**Semiconductor Annual Returns** — Annual returns of the semiconductor benchmark, chronicling extreme cyclical expansions and inventory adjustments.

Figure: Plate III.2 · Annual price returns of the index since 1995 (dividends not included). While long-term compounding significantly outpaces broad benchmarks, severe periodic drawdowns near 50% underscore the deep cyclicality inherent in semiconductor capital goods. · Data through 2026-11-12

## Latest Snapshot

- **Average** — +19.2%
- **Positive years** — 20
- **Negative years** — 11
- **Best year** — 1999 +101.0%
- **Worst year** — 2008 -48.0%
- **Observations** — 32
- **Sample** — 1995-12-31 – 2026-11-12

## What this page answers

Since 1995, the Philadelphia Semiconductor Index (SOX) has recorded 31 calendar years: 20 positive and 11 negative (a 65% annual win rate), delivering an arithmetic mean annual return of +19.2%. Its strongest annual advance was 1999 (+101.0%); its steepest contraction occurred in 2008 (-48.0%). The most recent period, 2026 (year-to-date, through 2026-11-12), stands at +48.3%. The Philadelphia Semiconductor Index (SOX) returned an arithmetic average of 19.2% a year on price alone (dividends excluded) over the 31 complete calendar years 1995–2025, or 13.5% a year compounded.

The data is refreshed by the History of Market pipeline and published as a stable JSON endpoint for research, citation, and AI-agent use.

## Philadelphia Semiconductor Index (SOX) — annual return over the past 5 to 30 years (complete years through 2025)

| Window | Return |
| --- | --- |
| 5 years | 20.4% |
| 10 years | 26.7% |
| 15 years | 20.9% |
| 20 years | 14.4% |
| 25 years | 10.6% |
| 30 years | 12.6% |

## Philadelphia Semiconductor Index (SOX) — historical calendar-year returns, 1995–2026

| Year | Return |
| --- | --- |
| 2026 | +48.3% |
| 2025 | +42.2% |
| 2024 | +19.3% |
| 2023 | +64.9% |
| 2022 | -35.8% |
| 2021 | +41.2% |
| 2020 | +51.1% |
| 2019 | +60.1% |
| 2018 | -7.8% |
| 2017 | +38.2% |
| 2016 | +36.6% |
| 2015 | -3.4% |
| 2014 | +28.4% |
| 2013 | +39.3% |
| 2012 | +5.4% |
| 2011 | -11.5% |
| 2010 | +14.4% |
| 2009 | +69.6% |
| 2008 | -48.0% |
| 2007 | -12.6% |
| 2006 | -2.6% |
| 2005 | +10.7% |
| 2004 | -14.7% |
| 2003 | +75.7% |
| 2002 | -44.6% |
| 2001 | -9.4% |
| 2000 | -18.2% |
| 1999 | +101.0% |
| 1998 | +33.0% |
| 1997 | +9.7% |
| 1996 | +19.8% |
| 1995 | +43.2% |

Complete record (32 rows). Raw dataset: https://historyofmarket.com/api/semi/annual-returns.json

## Data & Source

[GET /api/semi/annual-returns.json](https://historyofmarket.com/api/semi/annual-returns.json) — Canonical dataset endpoint.

Exchange closing prices · Company filings · Robert Shiller · FRED · NBER.

## FAQ

### What is the average annual return of the Philadelphia Semiconductor Index (SOX)?

The Philadelphia Semiconductor Index (SOX) returned an arithmetic average of 19.2% a year on price alone (dividends excluded) over the 31 complete calendar years 1995–2025, or 13.5% a year compounded.

### What has the Philadelphia Semiconductor Index (SOX) returned per year over the past 10, 20 and 30 years?

Compound annual rates over complete calendar years through 2025: past 10 years (2016–2025) 26.7% a year; past 20 years (2006–2025) 14.4% a year; past 30 years (1996–2025) 12.6% a year.

### What was the best year on record?

1999, when the Philadelphia Semiconductor Index (SOX) rallied +101.0%.

### What was the worst year on record?

2008, when the Philadelphia Semiconductor Index (SOX) plunged -48.0%.

### Where does this data come from?

History of Market combines public market and macro datasets — exchange closing prices, company filings, Robert Shiller, FRED, NBER, and the UBS Global Investment Returns Yearbook (Dimson–Marsh–Staunton). The exact endpoint for this panel is linked below.

### How often is it updated?

Daily-tier datasets refresh after the U.S. market close, with a broader weekly refresh each weekend. The timestamp shown on this page comes from the JSON payload.

### Can I use the data?

Yes, for research and education with attribution to History of Market. Upstream data sources retain their own terms.

## Related charts and reading

- [A Century of Calendar-Year Returns](https://historyofmarket.com/sp500/annual/) — S&P 500
- [Nasdaq 100 (QQQ) Annual Returns by Year](https://historyofmarket.com/nasdaq/nasdaq100-annual/) — Nasdaq
- [Technology Sector Historical Calendar-Year Returns](https://historyofmarket.com/xlk/xlk-annual/) — Information Technology
- [Financial Sector Historical Calendar-Year Returns](https://historyofmarket.com/fin/fin-annual/) — Financials
- [Consumer Discretionary Calendar-Year Returns vs. the S&P 500](https://historyofmarket.com/consumer/xly-annual/) — Consumer
- [Consumer Staples Calendar-Year Returns vs. the S&P 500](https://historyofmarket.com/consumer/xlp-annual/) — Consumer

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Data: https://historyofmarket.com/api/semi/annual-returns.json
Machine index: https://historyofmarket.com/llms.txt