Summary
Defiance Inference AI Chip ETF is an ETF - a fund traded on an exchange like a stock - run by Defiance. Positions inside: 28. The ten largest make up 69% of the fund.
- Yearly costs
- 0.65%
- Fund size
- $437.6K
- Positions
- 28
- Dividend yield
- 0.30%
- Running since
- 2026
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 69% of the fund, so its result rests on a few names.
- Costs of 0.65% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2026.
- A small fund with $437.6K under management; small funds get closed more often.
- It trades little: only about $17.1K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -17%
- Avg. market cap
- $1.13T
- P/E
- 41.3x
- Forward P/E
- 22.6x
- P/S
- 7.1x
- P/B
- 6.6x
- P/FCF
- 49.5x
- EV/EBITDA
- 27.8x
- Dividend yield
- 0.40%
- ROIC
- 17.7%
- ROE
- 27.4%
- Gross margin
- 58.2%
- Operating margin
- 23.1%
- Net margin
- 22.0%
- Payout ratio
- 16.3%
- Net debt/EBITDA
- 0.7x
- Beta
- 0.00
Weighted average of the 23 largest companies, which make up 95% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 TSTSMC TSM 11%
- 2 NVNvidia NVDA 11%
- 3 AVBroadcom AVGO 10%
- 4 AMAMD AMD 9.4%
- 5 34Global Unichip Corp. 3443.TW 5.0%
- 6 68Advantest Corporation 6857.T 5.0%
- 7 24MediaTek Inc. 2454.TW 4.5%
- 8 INIntel INTC 4.5%
- 9 23Winbond Electronics Corporation 2344.TW 4.4%
- 10 ARArm ARM 4.3%
Positions in the fund: 28. The ten largest make up 69% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy country
- United States 48%
- Japan 6.3%
- United Kingdom 4.3%
- Netherlands 3.5%
- Other countries 38%
By company size
- Mega cap 57%
- Large cap 29%
- Mid cap 7.2%
- Small cap 2.9%
- Micro cap 3.2%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest country: United States (48%). Largest size group: Mega cap (57%).
What does it cost me?
Expensive- A year from $10,000
- $65.00
- Over 20 years
- $3,099
From every $10,000 invested the fund takes $65.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,099.
How has it done?
- Deepest drop
- -21%
It has traded for less than a year, too short to judge.
Does it pay dividends?
Yes, it pays out- Yield
- 0.30%
- Last payment
- $0.05
Over the last 12 months it paid $0.05 per share, which is 0.30% of today's price. The last payment was $0.05 on Sep 23, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $17.1K
- Shares a day
- 1.0K
On an average day about $17.1K of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 41.3
- Average Bulios Score
- 61 out of 100
Weight by Bulios Fair Price
- Undervalued 9.6%
- Fairly valued 1.7%
- Overvalued 89%
On average the companies inside trade for 41.3 times their yearly profit. By Fair Price, 89% of the rated weight comes out as overvalued.
Counted from its largest companies (23), which make up 95% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
CH CHPX Global X - AI Semiconductor & Quantum ETF | United States | 0.50% | $210.4M | +53% | Pays out | 48% |
VV VVSM.DE VanEck Semiconductor UCITS ETF | Ireland | 0.35% | $8.62B | +67% | Reinvests | 45% |
SE SEMI.AX Global X Semiconductor ETF | Australia | 0.45% | $697.7M | +49% | Pays out | 38% |
SM SMHX VanEck Fabless Semiconductor ETF | United States | 0.35% | $172.2M | +30% | Pays out | 37% |
SM SMH VanEck Semiconductor ETF | United States | 0.35% | $65.4B | +49% | Pays out | 36% |
38 381180.KS MIRAE ASSET TIGER US PHLX Semiconductor Sector Nasdaq ETF | South Korea | 0.49% | $4.16B | +47% | Pays out | 35% |
