YieldMax Target 12 Semiconductor Option… (SOXY) Valuation
SOXY valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 37.6 trailing earnings
- Forward P/E
- 21.5 analyst estimates
- Price / sales
- 0.14
- Price / book
- 9.56
- EV / EBITDA
- 25.7
- Earnings yield
- 2.66% inverse of P/E
- Dividend yield
- 0.63% of the holdings
- Return on equity
- 25.4% combined
- Net margin
- 0.4% combined
- Beta
- 1.95 weighted, vs S&P 500
SOXY valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SOXY | 37.6 | 21.5 | 0.14 | 9.56 | 0.63% | 25.4% | 0.4% | 5.4% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
SOXY valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 100.4% | 37.6 | 21.5 | 0.14 | 9.56 | 0.63% | 25.4% |
SOXY earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How SOXY weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SOXY largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 6.81% | 27.1 | 24.9 | 17.1 | 0.47% | 9.42% |
| MRVL | Marvell Technology, Inc. | 6.19% | 72.3 | 62.1 | 21.7 | 0.11% | 3.21% |
| AMD | Advanced Micro Devices, Inc. | 6.12% | 134.9 | 39.5 | 20.9 | — | 1.70% |
| MU | Micron Technology, Inc. | 4.90% | 11.8 | 7.0 | 7.5 | 0.07% | 15.53% |
| ASML | ASML Holding N.V. | 4.69% | 40.4 | 28.9 | 16.0 | 0.55% | 4.35% |
| AVGO | Broadcom Inc. | 4.36% | 43.3 | 19.4 | 17.6 | 0.79% | 3.77% |
| UMC | United Microelectronics Corporation | 4.22% | 18.7 | 23.8 | 0.2 | 2.02% | 8.45% |
| LRCX | Lam Research Corporation | 4.21% | 45.8 | 33.7 | 14.2 | 0.50% | 3.44% |
| ALAB | Astera Labs, Inc. | 3.84% | 140.8 | 55.6 | 41.3 | — | 1.02% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 3.73% | 26.7 | 21.4 | 0.4 | 0.91% | 5.22% |
| ARM | Arm Holdings plc | 3.72% | 234.8 | 151.5 | 47.2 | — | 0.59% |
| TXN | Texas Instruments Incorporated | 3.69% | 42.1 | 27.5 | 13.0 | 2.20% | 3.28% |
| SKHY | SK Hynix Inc. American Depositary Shares | 3.60% | 8.7 | 5.4 | 0.0 | 0.08% | 15.48% |
| AMAT | Applied Materials, Inc. | 3.51% | 35.3 | 23.4 | 10.5 | 0.52% | 3.72% |
| ADI | Analog Devices, Inc. | 3.42% | 47.0 | 23.2 | 13.8 | 1.11% | 2.73% |
| KLAC | KLA Corporation | 3.37% | 45.3 | 34.8 | 15.9 | 0.56% | 2.79% |
| INTC | Intel Corporation | 3.33% | — | 63.3 | 8.3 | — | −2.95% |
| QCOM | QUALCOMM Incorporated | 3.19% | 19.9 | 19.6 | 4.2 | 2.14% | 6.00% |
| ASX | ASE Technology Holding Co., Ltd. | 3.06% | 47.1 | 12.3 | 0.1 | 1.06% | 2.43% |
| STM | STMicroelectronics N.V. | 3.02% | — | 20.0 | 3.1 | 0.79% | 0.10% |
| MPWR | Monolithic Power Systems, Inc. | 2.72% | 73.7 | 38.8 | 18.2 | 0.66% | 1.38% |
| NXPI | NXP Semiconductors N.V. | 2.54% | 19.6 | 12.9 | 4.4 | 1.77% | 4.86% |
| LSCC | Lattice Semiconductor Corporation | 2.29% | 414.6 | 38.8 | 22.6 | — | 0.21% |
| TER | Teradyne, Inc. | 2.21% | 44.6 | 30.7 | 11.4 | 0.16% | 1.86% |
| SNPS | Synopsys, Inc. | 2.14% | 80.3 | 23.3 | 9.3 | — | 1.00% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About SOXY valuation
Adding up its 28 holdings with company data, SOXY trades at 37.6 times trailing earnings and 21.5 times analysts' forward estimates, with a price-to-book ratio of 9.56 and a dividend yield of 0.63%. Its earnings yield of 2.66% is 2.67 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 49.1% of the fund and earn 56.1% of its combined profit. Companies that lost money over the past year are 5.4% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.3% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SOXY chart, SOXY performance, SOXY holdings, SOXY dividends.
SOXY valuation FAQ
What is the P/E ratio of SOXY?
Based on its holdings, SOXY has a trailing P/E of 37.6 and a forward P/E of 21.5 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SOXY?
The trailing earnings yield is 2.66% (1 ÷ P/E) and the forward earnings yield 4.66%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SOXY more expensive than the S&P 500?
SOXY trades at 37.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 21.5 and 19.9.
What is the price-to-book ratio of SOXY?
The holdings of SOXY trade at 9.56 times book value, with a combined return on equity of 25.4%.