Strive U.S. Semiconductor ETF (SHOC) is a passively managed exchange-traded fund that provides concentrated exposure to the U.S.-listed semiconductor sector through a cost-efficient index-tracking product; it engages in corporate governance practices, including proxy voting and proactive management engagement, to promote operational excellence among holdings. The fund tracks the Bloomberg US Listed Semiconductors Select Total Return Index, with top holdings including NVIDIA Corp (24.72%), Broadcom Inc (18.40%), Advanced Micro Devices Inc, Applied Materials Inc, ASML Holding NV, Micron Technology Inc, Lam Research Corp, KLA Corp, Texas Instruments Inc and Analog Devices Inc; it distributes net investment income quarterly, maintains an expense ratio of 0.40% and trades on the NYSE Arca exchange. Launched on October 6, 2022 and issued by Strive Funds, SHOC is headquartered in the United States and targets investors seeking broad market exposure to U.S. semiconductor companies across design, fabrication, equipment and materials segments. In a significant operational change, the fund transitioned its benchmark index on March 21, 2024 from the Solactive United States Semiconductors 30 Capped Total Return Index to the Bloomberg US Listed Semiconductors Select Total Return Index to enhance tracking efficiency. As of July 2025, net assets stand at $106.52 million with approximately 1.94 million shares outstanding.