Semiconductor ETFs: examples and criteria for investing

A semiconductor ETF is chosen primarily on three criteria: management fees (TER), replication method and the diversification of the underlying basket. This guide compares the main options available to French investors, whether accumulating or eligible for a PEA (a French tax-advantaged equity savings account). Like any equity investment, they carry a risk of capital loss.

Key takeaways

• Five UCITS ETFs track the global semiconductor industry, with annual fees ranging from 0.30% to 0.35% depending on the provider.
• Two ETFs, the Amundi PEA Nasdaq-100 and the Amundi STOXX Europe 600 Technology, provide exposure to the sector via a PEA account.
• The global semiconductor market reached $791.7 billion in sales in 2025, up 25.6% year-on-year (SIA).
• Past ETF performance is not indicative of future performance; the sector remains concentrated among a small number of players (NVIDIA, TSMC, ASML).

Updated on 20 July 2026

The semiconductor market: characteristics and context

According to the Semiconductor Industry Association (SIA), global semiconductor sales reached $791.7 billion in 2025, up 25.6% from 2024 ($630.5 billion), driven by demand linked to artificial intelligence and consumer electronic devices. Sectors such as artificial intelligence, virtual reality and the Internet of Things continue to drive demand for semiconductors.

Note : Figures as of between 17/07/2026 and 25/01/2026 depending on the company (fiscal years not aligned). Sources: official NVIDIA, Intel, TSMC, ASML and AMD press releases, see Sources section.

Key companies in the semiconductor industry, such as NVIDIA, Intel, TSMC, ASML and AMD, all saw their revenue grow in their latest closed fiscal year. Investing in semiconductor-focused ETFs can offer exposure to these companies, with a risk of capital loss.

Which semiconductor ETFs are available on the market?

Five main UCITS ETFs track the semiconductor sector for European investors: VanEck Semiconductor, iShares MSCI Global Semiconductors, HSBC Nasdaq Global Semiconductor, and the two versions (accumulating and distributing) of the Amundi MSCI Semiconductors.

ETFs (Exchange Traded Funds) are increasingly popular among investors looking to diversify their portfolio. Semiconductor ETFs offer investors exposure to the semiconductor industry, which is in constant growth.

Here are a few examples of semiconductor ETFs available on the market, presented for information purposes only and not as a recommendation.

Key point : It is important to note that past performance does not guarantee an ETF’s future performance. Investors should take into account many other factors, such as market volatility, industry trends, global economic events and government regulations, when choosing which semiconductor ETFs to include in their portfolio.

If you are looking for semiconductor ETFs eligible for a PEA, you can explore the following options:

• Amundi PEA Nasdaq-100 UCITS ETF (ex-Lyxor) (ISIN: FR0011871110), the Nasdaq is very heavily exposed to the semiconductor market, notably through Nvidia.
• Amundi STOXX Europe 600 Technology UCITS ETF (ex-Lyxor) (ISIN: LU1834988518), heavily exposed to the European semiconductor market, notably through the presence of ASML.

Bring your whole net worth together

PEA, savings accounts, cryptocurrencies, shares, property, bank accounts.

Discover Finary

Key players in the semiconductor sector

The semiconductor market is dominated by a few major players who have a strong influence on the performance of semiconductor ETFs. Here is an overview of some of the sector's key players:

Note : Market capitalizations as of 17/07/2026, subject to significant short-term volatility (sources: stockanalysis.com, barchart.com, see Sources section).

These companies are involved in different areas of the semiconductor industry, such as chip design, process manufacturing, integrated circuit production and finished product sales. Their financial results, technological advances and strategic decisions have a significant influence on the semiconductor sector as a whole.

Investors should take into account the performance of these companies and their impact on semiconductor ETFs when deciding to invest in this particular sector.

What factors should you consider before investing in a semiconductor ETF?

Choosing a semiconductor ETF rests on four main criteria: the expense ratio (TER), tracking error, liquidity and the composition of the underlying portfolio. Here is how to assess each of these elements before investing.

Expense ratio

The expense ratio (or TER) is the annual cost of investing in an ETF. Investors should look for ETFs with low management fees, as this will reduce the costs borne by the investor over time.

Tracking error

Tracking error is the difference between an ETF's performance and that of its benchmark index. Investors should look for ETFs with low tracking error, as this will ensure their return closely follows that of the benchmark index.

Liquidity

An ETF's liquidity matters because it determines how easily its units can be bought or sold. Investors should look for ETFs with high trading volume in order to reduce transaction costs and avoid risks linked to bid-ask spreads.

Portfolio composition

Investors should examine an ETF's portfolio composition to determine the underlying companies they will be exposed to. It is important to look for diversified ETFs with exposure to multiple companies in order to minimize risks linked to the performance of any single company.

Spot your hidden fees

Finary users save an average of €44,077 on their hidden fees

Discover Finary

Conclusion

Investing in semiconductor ETFs can fit into a long-term strategy, with a risk of capital loss that should never be overlooked. The choice of fund depends on management fees, replication method and the PEA eligibility sought: available options include the VanEck Semiconductor UCITS ETF (IE00BMC38736) and the iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (IE000I8KRLL9). Past performance by NVIDIA, TSMC or ASML is not indicative of their future performance.

Frequently asked questions

What is a semiconductor ETF?

A semiconductor ETF is a listed investment fund holding shares in companies operating in the semiconductor sector. It lets investors diversify their portfolio by backing the growth of this industry, with a risk of capital loss.

What are the characteristics of semiconductor ETFs?

Investing in semiconductor ETFs offers several advantages: diversification, access to a growing sector and ease of trading on stock markets. Annual fees on the main UCITS funds range between 0.30% and 0.35%.

What are the risks attached to semiconductor ETFs?

Like any stock market investment, semiconductor ETFs carry risks, notably market volatility, dependence on the performance of the sector's companies, and currency and interest rate movements.

Are there semiconductor ETFs based on ESG criteria?

Yes, some semiconductor ETFs incorporate environmental, social and governance (ESG) criteria into their selection of companies, offering a socially responsible investment option in the sector.

Which are the key companies in the semiconductor sector?

The key companies in the semiconductor sector include NVIDIA, Intel, TSMC, ASML and AMD. Their financial results and strategic decisions strongly influence the performance of semiconductor ETFs.

What are the important factors to consider before investing in a semiconductor ETF?

Before investing in a semiconductor ETF, it is worth examining the total expense ratio (TER), the tracking error against the index, the fund's liquidity and the composition of its underlying portfolio.

Sources

Semiconductor Industry Association: global semiconductor sales, 2025

JustETF: VanEck Semiconductor UCITS ETF

JustETF: iShares MSCI Global Semiconductors UCITS ETF USD (Acc)

JustETF: HSBC Nasdaq Global Semiconductor UCITS ETF

JustETF: Amundi MSCI Semiconductors ESG Screened UCITS ETF Acc

JustETF: Amundi MSCI Semiconductors ESG Screened UCITS ETF Dist

JustETF: Amundi PEA Nasdaq-100 UCITS ETF

JustETF: Amundi STOXX Europe 600 Technology UCITS ETF

NVIDIA: fourth-quarter and fiscal year 2026 financial results

Intel: fourth-quarter and full-year 2025 financial results

TSMC: fourth-quarter 2025 financial report (6-K filing)

ASML: 2025 annual report, financial data

AMD: fourth-quarter and full-year 2025 financial results

stockanalysis.com: NVIDIA market capitalization and share performance

stockanalysis.com: Intel market capitalization and share performance

stockanalysis.com: TSMC market capitalization and share performance

stockanalysis.com: ASML market capitalization and share performance

stockanalysis.com: AMD market capitalization and share performance