Key insights
- A new EUV ETF (Corgi Lithography & Semiconductor Photonics ETF) has launched, focusing on companies involved in manufacturing advanced AI chips. Key holdings include TSMC, ASML, Applied Materials, and NVIDIA. The ETF's performance will likely reflect the growth and demand within the AI and semiconductor sectors, offering a concentrated exposure to these areas. Positive for US equities due to the significant US companies involved.
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%