Summary
SHOC: Nvidia's Comeback Meets A Memory Boom
Strive US Semiconductor ETF (SHOC) remains a high-conviction BUY, driven by Nvidia's blowout results and surging hyperscaler capex. SHOC's portfolio is now highly concentrated, with Nvidia and Micron comprising about one-third of assets, amplifying exposure to AI and memory cycles. Nvidia's low forward multiple (22x) and Micron's premium HBM sales underpin valuation upside, while SHOC's implied upside to analyst targets is ~34%.
Should You Invest in the Strive U.S. Semiconductor ETF (SHOC)?
Designed to provide broad exposure to the Technology - Semiconductors segment of the equity market, the Strive U.S. Semiconductor ETF (SHOC) is a passively managed exchange traded fund launched on October 6, 2022.
SHOC: More Aggressive And Concentrated Chip ETF With Upside Ahead
Strive US Semiconductor ETF is rated Buy, offering concentrated exposure to top semiconductor names amid the ongoing AI-driven data center buildout. SHOC's portfolio shows a weighted average price target upside of 21% and an EPS growth forecast of 53% for 2027, with a PEG ratio of 0.76x. Weight caps will reduce NVDA's allocation in September, while Micron Technology is likely to rise; TSM is notably absent from the ETF.
Strive U.S. Semiconductor ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 5,875 | $716,660 | $562,296.25 | -$154,363.75 | -21.54% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 6,622 | $322,474.53 | $636,539.75 | $314,065.22 | 97.39% |
| LJB Laura J. Bornheimer GWN SECURITIES Inc. | 14,496 | $606,923.68 | $1.4M | $788,461.28 | 129.91% |
| AB Anthony Bruccoleri Equitable Holdings Inc. | 4,797 | $381,459.52 | $487,399.18 | $105,939.66 | 27.77% |
| CT Christian Tiriolo Gts Securities LLC | 11,465 | $822,173.33 | $1.13M | $311,944.47 | 37.94% |
Strive U.S. Semiconductor ETF (SHOC) FAQ
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Strive U.S. Semiconductor ETF Profile
| NYSE Exchange | US Country |
Overview
The organization in question operates a unique financial instrument, part of a select group within a larger float-adjusted capitalization-weighted index. This index specifically encompasses a vast portion of the marketplace, aiming to represent roughly 99% of the U.S. equity market's free-float capitalization. The firm's primary focus is on investing in the semiconductor sector, which is a critical component of the technology industry. A distinguishing characteristic of their investment strategy is the commitment to allocate at least 80% of the fund's total assets to U.S. semiconductor companies, excluding any assets held from securities lending. This strategy indicates a considerable concentration in a specific segment of the tech industry, reflecting a non-diversified investment approach. The targeting of U.S. semiconductor companies underscores the firm's conviction in the growth and importance of this sector within the technology industry and the overall economy.
Products and Services
- Float-Adjusted Capitalization Weighted Index
This product involves a financial index that is adjusted based on the market capitalization of companies, removing the influence of shares that are not available for public trading. The goal is to provide investors with a more accurate picture of the market by focusing on the free-floating shares that actually affect market dynamics.
- Investment in U.S. Semiconductor Companies
As a core service, the firm dedicates a substantial portion of its assets to investments in the U.S. semiconductor industry. This reflects a targeted approach, favoring a sector known for its innovation and pivotal role in various technology advancements. The focus on semiconductor companies showcases a belief in the growth potential and strategic importance of this industry.
- Specialized Investment Strategy
The firm employs a specialized investment strategy, emphasizing its non-diversified stance by concentrating its investments in the semiconductor sector. This strategy is designed for those who seek focused exposure to a critical and burgeoning industry, offering the potential for significant returns while also carrying the risks associated with a non-diversified portfolio.
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