ETF Spotlight on the SPDR S&P Semiconductor ETF (NYSEArca: XSD), part of an ongoing series.
Assets: $129.6 million
Objective: The SPDR S&P Semiconductor ETF tries to reflect the performance of the S&P Semiconductor Select Industry Index, which is comprised of semiconductor stocks and equally weights holdings.
Holdings: Top holdings include TriQuint Semiconductor (NasdaqGS: TQNT) 3.2%, Freescale Semiconductor (NYSE: FSL) 3.0%, RF Micro Devices (NasdaqGS: RFMD) 2.9%, Avago Technologies Limited (NasdaqGS: AVGO) 2.7% and LSI Corporation (NasdaqGS: LSI) 2.7%.
What You Should Know:
- State Street Global Advisors sponsors the fund.
- XSD has a 0.35% expense ratio.
- The ETF tracks 50 component stocks, and the top ten holdings make up 27.0% of the overall portfolio.
- The portfolio has a price-to-earnings ratio of 25.6%.
- Due to the index’s equal-weight focus, the fund has a heavier tilt toward small-cap stocks.
- Market capitalization includes mega-caps 4.7%, large-caps 8.2%, mid-cap 35.6%, small-cap 41.1% and micro-cap 10.5%.
- XSD is up 7.6% over the past month up 17.9% over the last three months and up 41.2% over the past year.
- The fund is trading 15.2% above its 200-day exponential moving average.
Next page: The latest news
The Latest News:
- Semiconductors have been one of the best performing sectors so far this year.
- The Semiconductor Industry Association revealed that worldwide industry sales of semiconductors hit $26.3 billion in January, an increase o 8.8% year-over-year nad the largest one-year increase in almost three years, according to a press release.
- “The global semiconductor industry has built on its record revenues from 2013 with an impressive start to 2014, led largely by continued strength in the Americas market,” Brian Toohey, president and CEO, Semiconductor Industry Association, said in the press release. “Sales in January were up across most regions and nearly all product categories compared to last January, which bodes well for continued growth during the rest of 2014.”
- U.S. sales increased 17.3% year-over-year, followed by 11.3% rise in sales out of Europe and 8.3% gain in Asia Pacific.
SPDR S&P Semiconductor ETF
For past stories in this series, visit our ETF Spotlight category.
Max Chen contributed to this article.