Ishare semiconductor etf6/6/2023 The ETF has a beta of 1.34 and standard deviation of 35.32% for the trailing three-year period, making it a high risk choice in the space. In the past 52-week period, it has traded between $298.68 and $444.67. The ETF has added about 23.34% so far this year and is up about 3.03% in the last one year (as of ). Its top 10 holdings account for approximately 49.12% of SOXX's total assets under management. When you look at individual holdings, Broadcom Inc ( AVGO Quick Quote AVGO - Free Report) accounts for about 8.92% of the fund's total assets, followed by Texas Instrument Inc ( TXN Quick Quote TXN - Free Report) and Nvidia Corp ( NVDA Quick Quote NVDA - Free Report). This ETF has heaviest allocation in the Information Technology sector - about 100% of the portfolio. And, most ETFs are very transparent products that disclose their holdings on a daily basis. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. SOXX's 12-month trailing dividend yield is 1.07%. traded securities of companies engaged in the semiconductor business.Ĭost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive cousins if all other fundamentals are the same.Īnnual operating expenses for this ETF are 0.35%, making it one of the least expensive products in the space. The ICE Semiconductor Index measures the performance of U.S. Before fees and expenses, SOXX seeks to match the performance of the PHLX SOX Semiconductor Sector Index. It has amassed assets over $7.51 billion, making it one of the largest ETFs in the Technology ETFs. However, not all of these methodologies have been able to deliver remarkable returns. The smart beta space gives investors many different choices, from equal-weighting, one of the simplest strategies, to more complicated ones like fundamental and volatility/momentum based weighting. These indexes attempt to select stocks that have better chances of risk-return performance, based on certain fundamental characteristics or a combination of such characteristics. On the other hand, some investors who believe that it is possible to beat the market by superior stock selection opt to invest in another class of funds that track non-cap weighted strategies-popularly known as smart beta. ![]() ![]() The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment.Ī good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns. A smart beta exchange traded fund, the iShares Semiconductor ETF ( SOXX Quick Quote SOXX - Free Report) debuted on, and offers broad exposure to the Technology ETFs category of the market.
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