You saw the tweets, the CNBC hits, and the chart that looked like a ladder to the moon.
The SPDR S&P Semiconductor ETF (NYSEARCA:XSD) and the VanEck Semiconductor ETF (NASDAQ:SMH) both offer exposure to semiconductors, yet they are two very different bets.
If you own SPDR S&P Semiconductor ETF (NYSEARCA:XSD) because you wanted “semiconductor exposure,” the fund's 0.35% expense ratio is the least interesting number attached to your account.
A $10,000 position in the SPDR S&P Semiconductor ETF (NYSEARCA:XSD) at the close on Thursday was worth roughly $8,873 by Friday's close, and the people who got there did not own a single share of the stock that supposedly caused it.
A share of the SPDR S&P Semiconductor ETF (NYSEARCA:XSD) closed at $226.42 on May 29, 2025.
Designed to provide broad exposure to the Technology ETFs category of the market, the State Street SPDR S&P Semiconductor ETF (XSD) is a smart beta exchange traded fund launched on 01/31/2006.
The State Street SPDR S&P Semiconductor ETF (XSD) was launched on January 31, 2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Semiconductors segment of the equity market.
The standard way to own semiconductors is to buy a cap-weighted fund and accept that NVIDIA, Broadcom, and TSMC will dominate the returns.
XSD is down about 8% over the past month, yet up roughly 52% over the past year. That gap tells the whole story of what semiconductor investors are wrestling with right now: a structural AI demand boom running headlong into near-term supply friction and macro uncertainty.
Making its debut on 01/31/2006, smart beta exchange traded fund State Street SPDR S&P Semiconductor ETF (XSD) provides investors broad exposure to the Technology ETFs category of the market.
The State Street SPDR S&P Semiconductor ETF (XSD) was launched on January 31, 2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Semiconductors segment of the equity market.
SPDR S&P Semiconductor ETF ( NYSEARCA:XSD ) offers equal-weight exposure to the semiconductor sector, a structure that amplifies both opportunity and risk.