xETFs Files Global ex-U.S. Semiconductor ETF

The xETFs International Semiconductor ETF will track the VettaFi International Semiconductor Index, providing exposure to the 25 largest non-U.S. semiconductor and semiconductor-related companies. The index selects companies that generate at least 50% of revenue from semiconductor businesses or rank among the industry's top five by market share, with holdings weighted by free-float market capitalization and subject to concentration caps. The nondiversified ETF will generally replicate the index, may use representative sampling when needed, and is expected to concentrate its investments in the information technology sector.