From Nasdaq: 2024-04-02 06:20:07

The iShares Semiconductor ETF (SOXX) was launched on 07/10/2001 and is passively managed, providing exposure to the Technology – Semiconductors sector. With over $12.68 billion in assets, it seeks to match the performance of the PHLX SOX Semiconductor Sector Index before fees and expenses.

Passively managed ETFs like SOXX are favored for their low costs, transparency, flexibility, and tax efficiency. Technology – Semiconductors is ranked 5 out of 16 Zacks sectors, putting SOXX in the top 31%. The fund’s sponsor is Blackrock, and it has a low annual operating expense of 0.35%.

SOXX has a 12-month trailing dividend yield of 0.60% and heavily focuses on the Information Technology sector, with the top holdings including Nvidia Corp, Advanced Micro Devices Inc, and Broadcom Inc. The top 10 holdings make up 60.21% of total assets under management, and the ETF has gained 19% this year.

SOXX has a beta of 1.39 and a standard deviation of 33.40%, making it a high-risk choice with a concentrated exposure compared to peers. Investors seeking exposure to Technology ETFs might consider other options like SPDR S&P Semiconductor ETF (XSD) and VanEck Semiconductor ETF (SMH), both with different market weights and expense ratios.

For more information on iShares Semiconductor ETF (SOXX) and other ETFs, visit Zacks ETF Center to learn about latest developments in ETF investing. Zacks offers a free Fund Newsletter for key ETF info and top-performing ETFs, as well as recommendations from Zacks Investment Research on best stocks for the next 30 days.



Read more at Nasdaq: Should You Invest in the iShares Semiconductor ETF (SOXX)?