- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United Kingdom
- IPO Date
- Mar 19, 2025
- Business
- Arm Holdings PLC ADRhedged (ARMH) is an exchange-traded fund that seeks to deliver investment results corresponding generally, before fees and expenses, to the total return of the ordinary shares of Arm Holdings plc in its local market currency. The ETF invests at least 95% of its net assets in American Depositary Receipts (ADRs) of Arm Holdings plc and employs a currency swap contract to hedge against fluctuations between the U.S. dollar and the British pound, mitigating foreign exchange risk for U.S. investors. Launched on March 13, 2025, with its first trade on March 14, 2025, by ADRhedged LLC (under Precidian ETFs Trust), the fund holds primarily Arm Holdings plc ADRs (approximately 97.41% allocation), supplemented by minimal cash positions, and features a net expense ratio of 0.19% with no leverage or options trading.
The underlying Arm Holdings plc architects, develops, and licenses central processing unit (CPU) products and related technologies, including microprocessors, systems intellectual property, graphics processing units, physical IP, associated systems IPs, software tools, accelerators, memory controllers, interconnects, and compute platforms; it also provides development tools, software, and services such as Neoverse infrastructure processors, Cortex-A application processors, Cortex-R real-time processors, Cortex-M microcontrollers, Mali and Immortalis GPUs, Ethos neural processing units, CoreLink/CoreSight system IP, and TrustZone security IP. These offerings serve semiconductor companies and original equipment manufacturers across automotive, computing infrastructure, consumer technologies, data centers, Internet of Things, mobile devices, PCs, and security applications, generating revenue through licensing fees and royalties; the company operates globally, including in the United States, China, Taiwan, South Korea, and other international markets, with headquarters in Cambridge, United Kingdom, where it was founded in 1990 as a subsidiary of SoftBank Group Corp., employing approximately 7,000 people.
Recent developments for the underlying Arm Holdings include strategic partnerships such as Astera Labs joining Arm Total Design in 2025 to accelerate custom AI infrastructure via chiplet solutions combining Intelligent Connectivity Platform with Arm Neoverse CSS; a multi-year collaboration with HERE Technologies and AWS on the SDV Accelerator for automotive software-defined vehicle architecture; deepened ties with Meta to enhance AI efficiency across software and data center compute layers; and Qualcomm's adoption of Arm's v9 architecture for next-generation PC and smartphone chips amid an AI push, alongside the launch of the Lumex AI platform optimized for edge computing and on-device AI; additionally, Arm acquired DreamBig Semiconductor for $265 million to extend into AI networking technology, while reporting a 14-fold increase in data center customers to 70,000 since 2021. The ARMH ETF itself, as a single-stock focused product in the developed markets equity asset class targeting large-cap semiconductors in the technology sector, maintains a streamlined portfolio with shares outstanding around 10,000 and managed assets under $1 million as of late 2025, providing hedged exposure without direct investment in Arm Holdings plc ordinary shares.