iShares
SEMI.AS
IE000I8KRLL9
iShares MSCI Global Semiconductors UCITS ETF
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About this ETF

The iShares MSCI Global Semiconductors UCITS ETF USD (Acc) seeks to track the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped index. The MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped index tracks large, mid and small cap companies across 23 Developed Markets and 24 Emerging Markets that are active in the semiconductor industry. The stocks included are filtered according to ESG criteria (environmental, social and corporate governance).

TER
0.35%

Total Expense Ratio per year

Fund Size
€5.24B

Assets under management

Holdings
258

Underlying equities

Dividend Yield
0%

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
34.66
Weighted Fwd P/E
14.69
💰 Revenue Estimates
Current Year CY
+63.25% ⌀ 33 Analysts Coverage
Next Year NY
+37.17% ⌀ 35 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+127.25% ⌀ 32 Analysts Coverage
Next Year NY
+46.39% ⌀ 33 Analysts Coverage

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ETF Profile
Provider
iShares
iShares
Fund Type
ETF
Inception Date
08/03/2021 (5 yrs)
Index Group
MSCI ACWI IMI
Region
World
Country
-
Distribution Policy
Accumulating
Replication
Full replication
Sustainable
Yes

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

7/7 Very High
12/100 Low (Concentration Risk)
Diversification Score
12/100 Low (Concentration Risk)
5Y Volatility
33.5% p.a.
Max Drawdown (5Y)
-45.3%
Sharpe Ratio (5Y)
1.00
Beta Factor
1.51
Notes & Warnings
Fund Volume (AUM) 🟢 Established large fund (> 500M € AUM)
⚠️ Elevated valuation: Avg P/E of 34.7
🔴 Extreme top 10 holdings concentration: 61% of fund in top 10 positions.
🔴 Severe sector concentration risk: 100% in "Technology".
🔴 Extreme industry concentration: 72% in "Semiconductors".
ℹ️ Tech-Capex Exposure: 100% in semiconductors & hardware – dependent on hyperscaler capex cycles.
🔴 Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (33.5% p.a.).
⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -45.3% in the extended horizon.
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