"XSD employs a modified equal-weight methodology, allowing a $200 billion analog chipmaker to have similar portfolio influence as a $20 billion specialty designer, appealing to investors seeking returns beyond mega-caps."
"The fund's structure results in the top ten positions accounting for just 29% of assets, with the largest single weight at 3% in Marvell Technology, contrasting sharply with other ETFs where top names dominate."
"XSD has achieved a remarkable one-year gain of 156% and a ten-year return of 1,138%, showcasing the effectiveness of its equal-weight design in the current semiconductor cycle."
XSD utilizes a modified equal-weight methodology, contrasting with traditional cap-weighted funds. It includes 44 semiconductor companies, with top holdings only accounting for 29% of assets. The fund focuses on cyclical earnings growth without mega-cap concentration. XSD has shown strong performance, with a one-year increase of 156% and a ten-year return of 1,138%. However, its five-year return of 186% is lower than that of cap-weighted peers, indicating the importance of context in evaluating performance.
Read at 24/7 Wall St.
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