Hey Everyone! was going deep into DRAM ETF analysis and I ran into new EUV ETF, not even been a week of release. Looks like a basket of companies that build the machines, materials, and infrastructure needed to manufacture advanced AI chips. looks pretty interesting w/ .35 expense ratio. Here is a list of their holdings. I would love to understand and get peoples views on it.
* Taiwan Semiconductor Manufacturing Company (TSMC) → \~10.1%
Semiconductor Equipment (EUV / chip tools)
* ASML Holding → \~9–10%
* Applied Materials → \~4–6%
* Lam Research → \~3–5%
* KLA Corporation → \~3–4%
* Tokyo Electron → \~3–5%
Chip Manufacturing (Foundries)
* Samsung Electronics → \~4–7%
* Intel → \~3–6%
AI / Semiconductor Demand Drivers
* NVIDIA → \~3–5%
* Broadcom → \~3–4%
Photonics / Optical Layer
* Coherent → \~2–4%
* Lumentum Holdings → \~2–3%
Memory / HBM exposure
* Micron Technology → \~2–3%