What this ETF is trying to do

The STRIVE U.S. SEMICONDUCTOR ETF (SHOC) focuses on companies that design and make semiconductors, which are the computer chips used in everything from smartphones to AI. It holds a variety of these companies to give investors exposure to the chip industry.

What the numbers show

As of October 5, 2026, the share price was $115.78. The fund has seen significant growth over different time periods:

• Year-to-Date: The price return is 68.71%, while the total return is 68.89%.

• One Year: The price return is 80.23%, and the total return is 80.50%.

• Three Years: The price return is 259.33%, and the total return is 262.67%.

Price Return vs. Total Return: Price return only measures how much the share price went up or down. Total return is a different measure that includes the distributions (cash payments) paid to investors.

For example, the estimated price from roughly one year ago was $64.24. If you had invested $10,000 based on that estimated price, the price-only growth (80.23%) would have increased that amount to approximately $18,023.

Top Holdings

The fund holds 32 different assets. Because the list is partial, these are the Top Holdings as of October 7, 2026:

• NVIDIA CORP: 21.79%

• MICRON TECHNOLOGY INC: 12.28%

• BROADCOM INC: 8.38%

• ADVANCED MICRO DEVICES INC: 5.45%

• INTEL CORP: 4.96%

Income and Distribution Explanation

This ETF usually pays distributions quarterly. Over the last 12 months, it made 4 payments. The distribution yield is 0.11%.

It is important for beginners to know that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment value will stay the same.

NAV Erosion Explanation

"NAV erosion" happens when the internal value of an ETF's assets drops over time. StockValueFinder uses an erosion-risk score to track this. SHOC has an erosion score of 100 and a severity rating of "good." The data shows no price erosion detected, and the severe erosion-risk flag is false.

Pros

• Strong price and total returns over the last one and three years.

• No detected price erosion.

• Exposure to major chip companies like NVIDIA and Micron.

Cons

• Very low distribution yield (0.11%) for those seeking high cash income.

• Concentrated in one specific industry (semiconductors).

Beginner Takeaway

SHOC is an ETF for people who want to invest in the semiconductor industry. While it has shown very high price growth recently, it provides very little cash income. Investors should remember that high growth in the past does not guarantee future results.