AI · SEMICONDUCTOR · FACT CHECK
SKD WIRETrue
The 'PLUS Global HBM Semiconductor' ETF has delivered a roughly 700% return over three years, according to the fund manager's official net asset value (NAV) data, which shows a gain of 705.5% over the period.
The 705.5% NAV-based figure supports the commonly cited 700% three-year return for the fund, which focuses on the high-bandwidth memory (HBM) semiconductor value chain.
However, the number is sensitive to the measurement window: the three-year return fluctuates within a range of roughly 667% to 731% depending on the point in time at which it is calculated.
Descriptions of the fund as the No. 1 semiconductor ETF apply only with conditions — the ranking excludes leveraged and inverse ETF products. Without that exclusion, the claim does not necessarily hold.
The fund's exposure to the HBM theme, driven by demand linked to AI accelerator memory, has been the primary driver of its performance over the period.
The claim of a 700% three-year return for the 'PLUS Global HBM Semiconductor' ETF is True.
