Roundhill's Semicap ETF registration takes effect at 0.65%
Roundhill ETF Trust's Form 485BPOS for Roundhill Semicap ETF became effective September 9, 2026, at a 0.65% fee with an 80% semiconductor-equipment policy.
Roundhill ETF Trust's Rule 485(b) amendment for Roundhill Semicap ETF became effective Wednesday, immediately on filing. Counsel's opinion says Post-Effective Amendment No. 337 is there to register an unlimited number of shares of that series. The filing's series block names one series and one class: Roundhill Semicap ETF.
What the prospectus commits to
Under normal circumstances the fund will invest at least 80% of net assets, plus borrowings for investment purposes, in equity securities of Semicap Companies or in swap agreements or forward contracts that provide that exposure. Derivatives count at notional value. Roundhill describes those companies as names that design, develop, manufacture, sell, or service machinery, tools, and software used for semiconductor capital equipment, and says the adviser looks for firms with at least 50% of revenues or profits from that equipment, tools, subsystems, or related products used to make, assemble, or test chips. The fund will concentrate in the information technology sector and is non-diversified.
The fee table is 0.65% in total: a 0.65% management fee, 0.00% in 12b-1 fees, and 0.00% in other expenses.
The trust first registered the series on June 26. Wednesday's paper is the 485(b) amendment that makes that registration effective. Roundhill's product page lists the ticker as SOXC. The prospectus does not say the shares have begun trading.
Semiconductor equipment already sits inside the large chip funds. VanEck's semiconductor fund SMH, which holds chipmakers and equipment names, has $70.5 billion in assets and charges 0.35%. Roundhill already runs a memory-chip fund, DRAM, at the same 0.65% fee. This registration is for the equipment names, not the chips.
Frequently asked
What does the fund actually buy?
Under normal conditions at least 80% of net assets goes into equity of semiconductor capital-equipment companies, or swaps and forwards giving that exposure, counted at notional value.
How does Roundhill define a Semicap company?
Firms that design, develop, manufacture, sell or service the machinery, tools and software used to make chips, with the adviser looking for at least 50% of revenues or profits from that business.
Is it trading yet?
Roundhill's product page lists the ticker as SOXC, but the prospectus does not say the shares have begun trading.
How does the fee compare with existing chip funds?
At 0.65% it is the same fee as Roundhill's memory-chip fund and nearly double the 0.35% charged by VanEck's much larger semiconductor fund.