ASMH vs SOXX

ASMHBASML Holding NV ADRhedged

SOXXAiShares Semiconductor ETF

In short

ASMH Buy ASML through a plain US ADR and you own the euro too. ASMH pairs the ADR with a currency hedge contract, aiming at ASML's home-market total return instead of a dollar-translated one, for 0.19% a year.

SOXX The original chip ETF, running since 2001 and still one of the most heavily traded ways to own the semiconductor complex: roughly 30 US-listed names, from chip designers to the equipment makers who supply them.

Stated mandate

ASMH The fund provides exposure to the individual international company ASML Holding through an ADRhedged ETF structure that combines the ADR with a currency contract intended to mitigate foreign-exchange risk.

SOXX The Fund is designed to follow an index of U.S.-listed companies operating in the semiconductor sector.

Why people hold it

• ASMH Holds the ASML ADR alongside a euro hedge contract that is marked to market daily, so the target is the stock's local-market total return, not the ADR's currency-translated version.adrhedged.com
• 0.19% a year, below the 0.35% median for the semiconductor funds we track, with the currency hedge built into the wrapper rather than something you assemble yourself.
• It is a US-listed ETF, so the hedged exposure lands in an ordinary brokerage account. No foreign listing, no separate FX trade to place or roll.precidian.com
• Part of a whole ADRhedged lineup (Taiwan Semiconductor, Arm, STMicroelectronics, Sony and more), so the same hedged structure extends name by name across international blue chips.sec.gov

• SOXX Live since 2001, it is one of the longest-running semiconductor funds and now a multi-billion-dollar one, with heavy daily volume that typically keeps bid-ask spreads narrow.
• 0.33% a year, slightly under the typical fee among semiconductor ETFs.
• A clean pure play: the index tracks US-listed semiconductor companies only, roughly 30 of them, spanning the chip value chain rather than one slice of it.ishares.com
• On cost, liquidity and index execution together, it stands among the stronger builds in a crowded semiconductor field.

Worth knowing

• ASMH This is one company, not a chip basket. Cohort peers like SOXX and SMH spread across dozens of names; here everything rides on ASML.
• A hedge cuts both ways: a falling dollar no longer flatters your return the way it can with an unhedged ADR, and hedging carries its own costs and tracking slippage.adrhedged.com
• Launched in 2025, still small and lightly traded, which tends to mean wider spreads than the big semiconductor funds and a short record to judge.

• SOXX One sector, roughly 30 stocks, non-diversified by design. Moves are bigger than a broad market fund's in both directions.ishares.com
• Cheaper chip funds exist: SOXQ charges 0.19% and CHPS 0.15%, so part of this fee buys the deeper trading pool rather than the exposure itself.
• Not an income vehicle. Chipmakers tend to pay modest dividends, and the fund distributes quarterly.ishares.com

Full ASMH profile⁠

Full SOXX profile⁠