Nasdaq Semiconductor Related Newsletter
October 8, 2024
iShares Semiconductor ETF (SOXX) Overview
The iShares Semiconductor ETF (SOXX) is a popular investment vehicle for those looking to tap into the semiconductor sector. Here are some key points:
- Portfolio Composition: The ETF tracks an index composed of U.S.-listed equities in the semiconductor sector. Top holdings include Broadcom Inc, Advanced Micro Devices Inc, NVIDIA Corp, Texas Instruments Inc, and Qualcomm Inc, among others.
- Performance: Over the past year, SOXX has delivered a total return of 46.98%, with a market price return of 47.02%. The ETF has also shown strong long-term performance, with a 10-year total return of 25.40% and an inception total return of 12.05%.
- Fees: The ETF has a low expense ratio of 0.35%, making it one of the cheaper options in its category.
Market and Sector Insights
- Recent Performance: The semiconductor sector has seen significant volatility but has generally performed well. In 2023, the sector experienced a strong rebound with a total return of 66.90% for SOXX.
- Key Players: Companies like NVIDIA, Taiwan Semiconductor Manufacturing Co Ltd (TSM), and Intel Corp are major players in the sector. NVIDIA, in particular, has been a standout performer in recent years due to its strong position in the AI and graphics processing markets.
Investment Considerations
- Management and Ratings: The iShares Semiconductor ETF is managed by a strong team and has been awarded a Silver Morningstar Medalist Rating, indicating a sound investment process and management team.
- Sustainability: The ETF does not follow a sustainable, impact, or ESG investment strategy, but it provides transparency through sustainability characteristics for those interested in environmental, social, and governance metrics.
News and Trends
- Geopolitical and AI Impact: The semiconductor sector is heavily influenced by geopolitical developments and advancements in AI. Investors should stay informed about these trends as they can significantly impact the sector's performance.
- Sector News: For the latest news and updates on chip stocks and the semiconductor industry, investors can follow dedicated resources such as Investor's Business Daily and other financial news outlets.
References
- iShares Semiconductor ETF | Morningstar
- iShares Semiconductor ETF | CNBC
- iShares Semiconductor ETF | iShares
- iShares Semiconductor ETF | BlackRock
- iShares Semiconductor ETF | Nasdaq
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