XSD

XSD is an exchange-traded fund, not a single company, that pools money from investors and uses it to buy shares in dozens of U.S. semiconductor companies at once, tracking the S&P Semiconductor Select Industry Index. Owning a share of XSD means owning a small slice of the whole chip industry, from giants like Nvidia to smaller equipment and component makers, rather than betting on any one firm. The fund makes money for its manager, State Street, through a small annual fee, while investors profit or lose based on how the basket of chip stocks moves as a group.