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SHOC ETF Profile


Family: Strive Asset Management
Name: Strive U.S. Semiconductor ETF
Inception Date: 6-Oct-2022
Termination Date:
Investment Objective: SHOC is a passively managed Exchange Traded Fund (ETF) that seeks broad market exposure to the US semiconductor sector. SHOC offers concentrated exposure to the US semiconductor sector through a cost efficient index product. Through Corporate Governance practices, including voting proxy shares and proactively engaging with management teams and boards, Strive aims to unlock value in the US semiconductor sector by mandating companies to focus on profits over politics. The Solactive United States Semiconductors 30 Capped Index intends to track the performance of the 30 largest US semiconductor companies. The index selects securities based off free float market capitalization subject to a maximum weight for the top 5 index holdings of 7.5% and a maximum index weighting of 4.5% for all other holdings. The index is calculated as a price return index in USD and is reconstituted quarterly.
Prospectus
Top 10 Holdings
NVIDIA Corp NVDA 18.9400%
Broadcom Inc AVGO 15.3700%
Micron Technology Inc MU 6.4100%
Lam Research Corp LRCX 5.9300%
Applied Materials Inc AMAT 5.3700%
Intel Corp INTC 5.2400%
ASML Holding NV ASML 5.0600%
KLA CORP KLAC 5.0500%
Texas Instruments Inc TXN 4.5300%
Advanced Micro Devices Inc AMD 4.1200%
Top 10 Holdings Weight: 76.0%
Number of Holdings: 31
Shares Outstanding: 2,040,000
Total Net Assets: 150,654,000
NAV: 73.86
Net Expense Ratio: 0.40%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Sector: Technology
Industry: Semiconductor
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Market Cap: Broad Market / Multi-Cap
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Is Currency Hedged: No
US or Ex-US: Domestic
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