ETF Evaluator:
xETFs Korea AI Semiconductor ETF ()
Follow This ETF
(as of Nov 13)
Best Performing in Technology Over the Last Year
| 101.3% | STMicroelectronics NV ADRhedged (STHH) |
| 67.7% | First Trust Nasdaq Semiconductor ETF (FTXL) |
| 63.5% | Xtrackers Semiconductor Select Eq ETF (CHPS) |
| 55.3% | ASML Holding NV ADRhedged (ASMH) |
| 54.3% | iShares Semiconductor ETF (SOXX) |
Risk
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Risk
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ETF Details
xETFs Korea AI Semiconductor ETF Overview
xETFs Korea AI Semiconductor ETF (KSMH) is an actively managed Sector Equity Technology exchange-traded fund (ETF). xETFS launched the ETF in 2026.
The investment seeks long-term capital appreciation.
Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities (which may include depositary receipts) of, or instruments (such as swap agreements or U.S.-listed ETFs) that provide exposure to, Korean companies with at least 50% of their revenues, profits, or assets attributable to Semiconductor Business (“Korean Semiconductor Companies”). It is non-diversified.
About xETFs Korea AI Semiconductor ETF (KSMH)
There are 5 members of the management team with an average tenure of 0.20 years: Springer Harris (2026), Joran Haugens (2026), Chris Small (2026), Johnny Wu (2026) and Kenneth Wong (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
xETFs Korea AI Semiconductor ETF has 23 securities in its portfolio. The top 10 holdings constitute 78.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
xETFs Korea AI Semiconductor ETF is part of the Equity global asset class and is within the Sector Equity ETF group. xETFs Korea AI Semiconductor ETF has 99.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 99.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). xETFs Korea AI Semiconductor ETF has 1.1% of the portfolio in cash.
Assets Under Management
The fund has $1 million in total assets, which is below the $2 billion average for the Technology category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
KSMH Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The xETFs Korea AI Semiconductor ETF expense ratio is above average compared to funds in the Technology category. xETFs Korea AI Semiconductor ETF has an expense ratio of 0.65%, which is 18% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. xETFs Korea AI Semiconductor ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 43% for the Technology category.
Recently, in the month of October 2026, xETFs Korea AI Semiconductor ETF returned -21.7%, which earned it a grade of F, as the Technology category had an average return of -11.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
xETFs Korea AI Semiconductor ETF has a trailing yield of 0.00%, which is below the 0.47% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
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KSMH Trailing NAV Total Returns Data as of 10/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| KSMH Return (NAV) | -21.7% | na | na | na | na | na |
| KSMH Return (Price) | -23.5% | na | na | na | na | na |
| NAV +/- Price Return | 1.827% | na | na | na | na | na |
| Technology Avg | -11.1% | -1.8% | 14.7% | 29.4% | 9.6% | 18.3% |
| KSMH Grade (NAV) | F | na | na | na | na | na |
| +/- Category (NAV) | -10.7% | na | na | na | na | na |
| KSMH Tax-Cost Ratio | na | na | na | na | na | na |
KSMH Annual NAV Total ReturnsData as of 10/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| KSMH Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| KSMH Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Technology Avg | 21.2% | 23.1% | 20.4% | 44.1% | -35.6% | 17.3% | 51.6% | 37.9% | -3.3% | 32.3% | 15.5% |
| KSMH Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 1 Mil |
| Share Class Assets: | $ 1 Mil |
| Turnover: | na |
| Expense Ratio: | 0.65% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 0.2 years | |||
| Average Tenure: 0.2 years | |||
| Managers (Year): Harris Springer (2026), Haugens Joran (2026), Small Chris (2026), Wu Johnny (2026), Wong Kenneth (2026) | |||
Portfolio Composition (as of 10/30/26)
| # of Holdings: | 23 |
| % in Top 10 Holdings: | 78.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 99.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 99.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -0.1% |
| Cash: | 1.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | xETFS |
| Phone Number: | 800-617-0004 |
| Website: | |
| Inception Date: | August 18, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.65% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.55% |
