HSBC Nasdaq Global Semiconductor UCITS ETF (HNSS)

Profile

https://oci-global.com

HSBC Nasdaq Global Semiconductor UCITS ETF is an exchange-traded fund designed to physically replicate the performance of the Nasdaq Global Semiconductor Index, which tracks the 80 largest global semiconductor companies through a modified market capitalization-weighted methodology with issuer exposure caps. Launched on January 25, 2022, and domiciled in Ireland, the ETF employs full physical replication, holding 79 securities without securities lending, and maintains a low total expense ratio of 0.35%. As an accumulating UCITS-compliant product in USD, it reinvests dividends rather than distributing them, providing unhedged currency exposure to investors worldwide. Top holdings include leading firms like NVIDIA Corporation, Broadcom, Taiwan Semiconductor Manufacturing Company, Advanced Micro Devices, and ASML Holding, representing key players in semiconductors and production technology equipment across Asia Pacific, Europe, and the United States. With assets under management around $80-112 million, this ETF plays a vital role in offering targeted access to the semiconductor sector, central to the fourth industrial revolution and technologies driving global innovation. It focuses exclusively on companies meeting strict eligibility criteria, including a minimum market capitalization of $150 million and classification under relevant Industry Classification Benchmark subsectors.