Top 5 Semiconductor ETFs to Buy in 2022

2. iShares Semiconductor ETF (NASDAQ:SOXX)

iShares Semiconductor ETF (NASDAQ:SOXX) is a $6.4 billion ETF fund that was set up in 2001. It tracks the ICE Semiconductor Index (TR) and consists of 30 companies that operate in the U.S. The iShares Semiconductor ETF (NASDAQ:SOXX)’s 30 day SEC yield, which tracks its returns after management expenses have been accounted for, is 1.15% as of June 2022. Additionally, the fund has a price to book ratio of 4.46 and a price to earnings ratio of 18.67.

The largest holding of this semiconductor ETF is Broadcom Inc. (NASDAQ:AVGO), which is an American company that deals with selling communication products. Broadcom Inc. (NASDAQ:AVGO) accounts for 8.14% of the fund’s value, and the company is currently looking to expand from its core business to cloud computing by acquiring VMWare.

Insider Monkey’s Q1 2022 survey of 912 hedge funds revealed that 71 had held a stake in Broadcom Inc. (NASDAQ:AVGO). The firm’s largest investor is Ken Fisher’s Fisher Asset Management which owns 1.4 million shares that are worth $894 million.