History of Market · The Chronicle of the U.S. Stock Market Semiconductors
Gathering III · leaf 2 of 12
PHLX SOX · Annual Return

PHLX SOX · Annual Return — The semi sector's year-by-year ledger

Annual returns — The SOX's calendar-year returns.

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.

View the interactive chart Download raw JSON

What this page answers

Since 1995, the Philadelphia Semiconductor Index (SOX) has logged 31 calendar years: 20 positive and 11 negative (a 65% hit rate), with an arithmetic-average annual return of +19.2%. The best year was 1999 (+101.0%); the worst was 2008 (-48.0%). The most recent year, 2026 (year-to-date), stands at +75.9%.

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

The plate

PHLX SOX · Annual Return — The semi sector's year-by-year ledger-50%0%50%100%1995200020052010201520202025
Plate III.2 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. 2026-08-14

Latest Snapshot

Updated
2026-08-14
Average
+1,920.0%
Positive years
20
Negative years
11
Best year
1999 +10,098.0%
Worst year
2008 -4,800.0%
Observations
32
Sample
1995-12-31 – 2026-08-13

Philadelphia Semiconductor Index (SOX) — annual returns, 1995–2026

Philadelphia Semiconductor Index (SOX) — annual returns, 1995–2026
YearReturn
2026+75.9%
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%

Showing the full record (32 rows). Raw series: https://historyofmarket.com/api/semi/annual-returns.json

Data & Source

GET /api/semi/annual-returns.json — Canonical dataset endpoint.

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

FAQ

What was the best year on record?

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

What was the worst year on record?

2008, when the Philadelphia Semiconductor Index (SOX) fell -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 on Sunday. 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.