iShares Semiconductor ETF

iShares Semiconductor ETF is an exchange-traded fund that primarily invests in the securities of companies within the semiconductor industry. The fund generally allocates at least 80% of its assets to the component securities of its underlying index and to investments that share substantially identical economic characteristics with these index components. Up to 20% of its assets may be invested in specific futures, options, and swap contracts, as well as cash and cash equivalents. The fund operates as a non-diversified investment vehicle.