SHOC
Strive U.S. Semiconductor ETF Strive U.S. Semiconductor ETF
SHOC tracks a market cap-weighted index of the 30 largest semiconductor companies in the US equity market.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
78.4 M
ASSETS UNDER MGMT
40 bp
EXPENSES
Fund Basics
Fund sponsor | Alpha Architect |
Category | US |
Asset class | Equity |
Website | link... |
Inception date | Oct 06, 2022 |
Assets (mns) | $78 |
Expense ratio | 40 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Market Cap |
Weighting | Market Cap |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
NVIDIA CORP | 25.8 % |
ASML HOLDING NV-NY REG SHS | 9.3 % |
ADVANCED MICRO DEVICES | 7.7 % |
BROADCOM INC. | 4.7 % |
TEXAS INSTRUMENTS INC | 4.6 % |
ANALOG DEVICES INC | 4.4 % |
MICRON TECHNOLOGY INC | 4.3 % |
APPLIED MATERIALS INC | 4.0 % |
LAM RESEARCH CORP | 3.9 % |
INTEL CORP | 3.8 % |
Constituent Breakdown
Number of holdings | 30 |
Herfindahl-Hirschman Index | 1,001 |
Wgt avg mkt cap (mns) | $205,299 |
Large cap (>$10bn) | 98.7% |
Mid cap ($2-10bn) | 1.3% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 87.0 % | |
NETHERLANDS | 9.3 % | |
IRELAND | 1.9 % | |
BRITAIN | 0.7 % | |
SWITZERLAND | 0.7 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 14.8% | 29.6% | -- | -- | -- | -- | 31.6% | Volatility | 36.2% | 34.7% | 33.0% | -- | -- | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.61 | 52% |
MSCI EAFE | 1.02 | 27% |
MSCI Emg Mkts | 1.29 | 38% |
Liquidity Measures
Avg. volume (000) | 14 |
Turnover | 0.8% |
Avg. Bid/Ask (% of price) | 0.08% |
ADV of underlying (mns) | $50,729 |
Technical Indicators
Recent close | $45.61 |
30d moving avg. | $46.89 |
Annualized volatility | 27.2% |
Relative strength (RSI) | 46 |
Short interest (ETF) | 0.2% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. SHOC |
Expenses vs. SHOC |
ALTAR Score™ vs. SHOC |
---|---|---|---|---|
SMH | VanEck Semiconductor ETF | 79.7% | -5 bp | 0.0% |
SOXQ | Invesco PHLX Semiconductor ETF | 69.2% | -21 bp | -0.1% |
SOXX | iShares Semiconductor ETF | 65.6% | -5 bp | +1.2% |
FTXL | First Trust Nasdaq Semiconductor ETF | 54.4% | +20 bp | +1.7% |
IQM | Franklin Intelligent Machines ETF | 40.3% | +10 bp | -2.1% |
PSI | Invesco Semiconductors ETF | 38.3% | +17 bp | +0.6% |
QTEC | First Trust NASDAQ-100 Technology Sector Index Fund | 37.8% | +17 bp | -0.7% |
XLK | Technology Select Sector SPDR Fund | 34.5% | -31 bp | -0.3% |
WUGI | AXS Esoterica NextG Economy ETF | 33.0% | +35 bp | -2.9% |
IGPT | Invesco AI and Next Gen Software ETF | 32.6% | +20 bp | -2.0% |
Risk and Returns: SHOC vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 12/12/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
SHOC
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
SHOC
5.3%
Cat. Avg
5.4%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.4% and a standard deviation of
2.4%. SHOC's ALTAR Score™ is approximately
0.0 standard deviations
below
the category average. This places SHOC in the 48th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
SHOCSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based US Equity ETFs |
# of ETFs | 609 |
Avg. Expense Ratio | 46.6 bp |
Std. Deviation | 32.9 bp |
SHOC (40 bp) Percentile rank | 42 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
SHOC | 40.0 | 8.4 | 48.4 |
Peer Avg. | 44.7 | 17.0 | 61.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .