All panels

Semiconductors — Historical Charts and Data

Every Semiconductors chart, valuation metric, drawdown record, and constituent breakdown from History of Market. 9 panels, refreshed daily.

View the interactive chart

§ I

PHLX SOX · 1994 to present — Three decades of the Philadelphia Semiconductor Index Daily closes since May 1994, with the drawdown ribbon beneath. The chart spans two crashes (2000, 2008), two mid-cycle drawdowns (2018, 2022) and the AI-era bull — the highest-amplitude industry in U.S. equities on a single canvas. PHLX SOX · Annual Return — The semi sector's year-by-year ledger Year-end print for every year since 1995. Average return runs well above the S&P, but every few years a near-halving year prints — 'high mean ≠ steady growth' is most extreme here. PHLX SOX · Return Distribution — Thirty years of annual returns, binned Every year placed into one of 11 buckets. The right tail past +50% is populated more than once; the left tail past -40% is too. This is the fat-tailed shape of semis, not a tidy bell curve.

§ II

PHLX SOX · Intrayear DD vs Full Year — Every year, the dip comes first Average intrayear drawdown runs roughly a notch deeper than the S&P (~−20% vs −14%). Even up years routinely include a double-digit mid-year drop — the cost of the sector's native volatility.

§ III

PHLX SOX · 30 components — What's actually inside SOX Thirty names grouped by sub-industry: fabless logic, foundry, memory, equipment, analog, RF, and the lone IDM. Foreign names are flagged by country code — semis are not a purely American sector. SMH · VanEck Semiconductor — What SMH actually owns, and at what weight SMH tracks the MVIS US 25 Index — 25 names total. Yahoo exposes live weights for the top ~10 (about 70% of the ETF); the remaining 15 are listed with sub-sector tags but marked 'n/a' on weight. Memory · DRAM / NAND / HBM — The cycle king — and only one of them survives in SOX Memory is the highest-amplitude semi sub-industry. MU is the only pure-play in SOX; Samsung and SK Hynix trade on KOSPI. Buying SMH leaves you ~60% short of global memory market cap. The AI HBM boom is split among these three.

§ IV

SOX / SPX · SOX / XLK · XLK / SPX — Who's leading, who's lagging Three rebased ratios, indexed to 100 at year-end 1999. Semis vs the broad market, semis vs the broader tech sector, and tech vs the broad market. Click any legend entry to toggle a line; zoom in to read each leadership regime. Memory Cohort · TTM PE vs 1999 — How far are memory & HBM from 1999 MU and NVDA's TTM PE from 2022 to today, with horizontal reference bands marking the 1999-2000 dotcom-peak forward PE prints (CSCO 140×, ORCL 150×). The cards below add today's snapshot for Samsung and SK Hynix — the true HBM protagonists — but their reporting cadence and accounting basis differ, so they appear as today's numbers only.