- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Jul 13, 2001
- Business
- iShares Semiconductor ETF (SOXX) is an exchange-traded fund that seeks to track the investment results of the NYSE Semiconductor Index, composed of U.S.-listed equities in the semiconductor sector; it provides concentrated exposure to approximately 30 of the largest semiconductor companies, including manufacturers of semiconductor materials used in electronic, LED, and OLED applications, as well as providers of related services and equipment. The fund employs a market-cap-weighted methodology with caps on the top five holdings at 8% and others at 4%, ensuring diversification while maintaining liquidity and investability criteria such as a minimum market cap of $100 million; top holdings as of late 2025 include Advanced Micro Devices Inc. (8.24%), Broadcom Inc. (7.38%), NVIDIA Corp. (6.53%), Micron Technology Inc. (6.44%), and Qualcomm Inc. (5.38%), spanning semiconductors, semiconductor equipment, and related information technology segments. Launched on July 10, 2001 by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc., and domiciled in the United States with headquarters in New York, the ETF targets investors seeking growth in the semiconductor industry, primarily through U.S. equity markets with limited exposure to ADRs (capped at 10%).
The fund maintains an expense ratio of 0.34%, with net assets exceeding $13.5 billion as of recent data, and focuses on growth and value stocks across diversified market capitalizations within the information technology sector. Geographically, SOXX invests in U.S.-listed securities, including companies with global operations such as Taiwan Semiconductor Manufacturing Co. and ASML Holding NV ADR, serving institutional and retail investors interested in semiconductor industry performance driven by demand in AI, electronics, and computing.
In recent developments, SOXX underwent a 3-for-1 stock split effective March 7, 2024, enhancing share accessibility and liquidity for investors amid strong sector performance. The ETF has benefited from surging AI demand and U.S. easing of China chip export restrictions in 2024-2025, contributing to robust returns, including 66.90% total return in 2023 and 12.97% in 2024, with analysts highlighting its superior portfolio composition relative to peers like VanEck Semiconductor ETF. No major acquisitions, partnerships, or index changes have been announced for SOXX in the last 1-2 years, though BlackRock continues periodic product reviews across its iShares lineup.