Although global semiconductor stock prices have encountered headwinds, investment trust has been rushing to issue related ETFs. At present, CITIC Key Semiconductor (00891-TW), Fubon Taiwan Semiconductor (00892-TW) In addition to the listing in last (2021), Shin Kong Taiwan Semiconductor 30 (00904-TW), together with the upcoming Mega Intercontinental Semiconductor ETF (00911-TW), which shows that although the stock price is falling, the semiconductor ETF is getting stronger due to the long-term investment value.
In terms of constituent stocks, 00891 holds the highest shareholding in MediaTek, with a weight of 20.29%, TSMC 18.71%, and UMC also holds 11.38%.
And 00892 holds 24.33% of TSMC, which is the only stock with a weight of more than 10%. Power Semiconductor, Spectra-KY, Realtek, UMC, MediaTek, Novatek, etc. all hold more than 6% of the shares.
00904, which was just listed in early March, owns 30% of TSMC, 15.41% of MediaTek, 7.47% of UMC, and the rest of Silicon Power-KY, Realtek, Novatek, ASE Investment Holding, etc., hold less than 4% of the shares.Looking at the semiconductor industry distribution of 00904, it can be found that the focus is on IC foundry and IC design, indicating that Shin Kong Taiwan Semiconductor 30 ETF is highly connected to the mid- and upstream business opportunities of semiconductors.
Compared with the three semiconductor ETFs that have been listed so far, they all focus on the semiconductor industry of Taiwan stocks. 00911, which will be raised on 6/8, is the first semiconductor ETF in Taiwan targeting the global semiconductor leader.
00911 The constituent stocks cover the world’s leading semiconductor companies listed on the US stock market, including Qualcomm, Nvidia, Intel, Broadcom, Onsemi in the United States, and ASML in the Netherlands. ), NXP, Taiwan’s TSMC, ASE, etc., but the single weight is less than 10%.
The dividend distribution part that investors pay attention to, 00891 and 00904 are all quarterly dividends, and 00892 is a half-yearly distribution, but the Mega Intercontinental Semiconductor ETF has no dividends.
Mega Investments explained that because investing in semiconductor stocks is optimistic about the future stock price growth, such stocks usually have low dividend yields, and the dividends are directly retained in the net value, which can not only reduce the tax burden for investors, but also avoid the occurrence of ETF payments. The dilemma of no dividends; in addition, because the investment is in stocks listed in the United States, there is no limit on the rise and fall, so 00911 adopts a non-distribution mechanism.