Key Highlights

Annual dividend yield of 7.73% with distributions of 2.853 per unit

Concentrated portfolio of 31 semiconductor companies with 74.69% in top 10 holdings

Global semiconductor exposure including United States (66.87%), Taiwan (11.77%), and South Korea (7.20%)

Low management fee of 0.45% for specialized sector exposure

SEMI generates an Annual Dividend Yield of 7.73% with distributions of 2.853 per unit. The distribution history reveals 1.269 distributed in July 2025, 0.571 in July 2024, 0.025 in January 2026, and 0.035 in January 2025. The significant variation in distributions reflects the cyclical nature of semiconductor Earnings and the discretionary dividend policies of semiconductor companies.

The fund size of AUD 1.00 billion supports the focused semiconductor portfolio. With approximately 26.9 million units outstanding, the fund maintains substantial Liquidity for investors seeking sector exposure.

SEMI comprises 31 semiconductor companies, representing a concentrated approach to sector exposure. The portfolio allocates 100% to Technology sector holdings, reflecting the fund's exclusive focus on semiconductor industry participants. This concentration provides pure-play semiconductor exposure without Diversification into other sectors.

The top 10 holdings represent 74.69% of portfolio value, indicating substantial concentration in leading industry participants. Major positions include Micron Technology (10.92%), Advanced Micro Devices (9.13%), Taiwan Semiconductor Manufacturing (9.12%), Broadcom (8.62%), and NVIDIA (8.54%). These positions reflect the dominance of these companies within the semiconductor industry.

The United States represents 66.87% of the portfolio, reflecting the concentration of semiconductor design and advanced manufacturing facilities in North America. Taiwan comprises 11.77%, emphasizing Taiwan's significance as a leading semiconductor manufacturing hub. South Korea accounts for 7.20%, Japan represents 4.06%, Netherlands comprises 8.24%, and Germany represents 1.06%. This geographic allocation reflects the global distribution of semiconductor industry activities.

The semiconductor industry demonstrates characteristics of both capital-intensive manufacturing and technology-driven innovation. Companies in the sector compete through manufacturing efficiency, technology advancement, and Market Share within specific market segments including processors, memory chips, analog semiconductors, and specialized components.

The sector experiences cyclical earnings patterns aligned with technology spending cycles, with periods of strong Demand alternating with periods of oversupply. Semiconductor manufacturers maintain significant Capital expenditure requirements to maintain manufacturing competitiveness and technology advancement.

The fund exhibits a Beta of 4.26 and Standard Deviation of 50.97, indicating substantial Volatility relative to broader market indices. These risk metrics reflect the technology sector's sensitivity to economic conditions, competitive dynamics, and technology advancement cycles. Semiconductor stock prices experience significant fluctuations based on industry supply-demand dynamics, company earnings changes, and investor sentiment regarding technology sector prospects.

SEMI tracks the Solactive Global Semiconductor 30 Index, which selects companies from global developed markets with primary involvement in semiconductor manufacturing and design. The index construction emphasizes large-cap semiconductor companies with significant market presence and trading liquidity. The management fee of 0.45% reflects the fund's index-tracking approach with minimal active management.

Conclusion

The Global X Semiconductor ETF provides investors with concentrated exposure to 31 global semiconductor companies, delivering a 7.73% annual dividend yield. The focused portfolio emphasizes leading industry participants with significant market presence and manufacturing operations. With a management fee of 0.45%, SEMI offers cost-efficient access to the semiconductor sector. The semiconductor concentration introduces sector-specific risk, with returns dependent on technology spending cycles, competitive dynamics within the semiconductor industry, and company-specific developments. Investors should recognize the substantial volatility characteristic of semiconductor stocks and the cyclical earnings patterns of semiconductor manufacturers before committing capital to this specialized sector fund.