DEFINITION of 'Philadelphia Semiconductor Index - SOX'

A price-weighted index composed of 18 U.S. semiconductor companies primarily involved in the design, distribution, manufacture, and sale of semiconductors.

BREAKING DOWN 'Philadelphia Semiconductor Index - SOX'

This is a closely watched index for "chip" stocks. Options on the SOX are among the more actively traded options contacts.

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RELATED FAQS
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    The best place: the "Historical Components List" published on the official DJIA website. Read Answer >>
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    Learn about the differences between the Sarbanes-Oxley Act and the Dodd-Frank Act, and understand the reasons why each bill ... Read Answer >>
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Hot Definitions
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  3. Price-Earnings Ratio - P/E Ratio

    The Price-to-Earnings Ratio or P/E ratio is a ratio for valuing a company that measures its current share price relative ...
  4. Internal Rate of Return - IRR

    Internal Rate of Return (IRR) is a metric used in capital budgeting to estimate the profitability of potential investments.
  5. Limit Order

    An order placed with a brokerage to buy or sell a set number of shares at a specified price or better.
  6. Current Ratio

    The current ratio is a liquidity ratio that measures a company's ability to pay short-term and long-term obligations.
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