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 sponsorAlpha Architect
CategoryUS
Asset classEquity
Websitelink...
Inception dateOct 06, 2022
Assets (mns)$78
Expense ratio40 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
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 holdings30
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)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 14.8% 29.6% -- -- -- -- 31.6%
Volatility 36.2% 34.7% 33.0% -- -- -- --
Market Correlations
versus...BetaR-squared
S&P 5001.6152%
MSCI EAFE1.0227%
MSCI Emg Mkts1.2938%
Liquidity Measures
Avg. volume (000)14
Turnover0.8%
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 volatility27.2%
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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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 -- -- -- -- -- -- --
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Dividends per share -- -- -- -- -- -- --
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Book value per share -- -- -- -- -- -- --
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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 --%
3.0 25.1 4.0 1.3% --
Based on closing prices from 12/12/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
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

SHOC
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
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 .