← Search another ETF⎙ Printable sheet (PDF)
ETF sheet · Issuer-declared data
🇮🇹 Effective capital-gains rate: 26.00%details →

Amundi MSCI Semiconductors UCITS ETF DistIndex, costs, backtest, listings and taxation

ISIN: LU2090063327Ticker: LYSM (Xetra) · SEMD (SIX)Issuer: AmundiClass: UCITS ETF Dist
Issuer-declared data
TER
0.35%
Transaction costs
0.06% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Replication
Income policy
SFDR
Article 8 — promotes environmental or social characteristics what does it mean?
Sector (from holdings)
Technology100% of the declared portfolio (31 July 2026)
Theme
Semiconductors · Technology
Fund assets
118.2 mln EUR
NAV
177.49 EUR (1 September 2026)
Domicile
Luxembourg
Inception date
2 July 2020
Data as declared by Amundi in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
📬 Follow the engine as we build it

One email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.

Description

Amundi MSCI Semiconductors UCITS ETF Dist tracks the issuer-declared index: MSCI ACWI Semiconductors & Semiconductor Equipment Filtered. The declared annual cost (TER) is 0.35%, plus 0.06% in transaction costs estimated by the issuer in the KID. Replication is direct physical replication; income is distributed to investors. The fund has assets of about 118 million euro, was launched on 2 July 2020 and is domiciled in Luxembourg. In our registry 1 other ETFs declare the same index.

The fund’s objective — in the issuer’s words

The Sub-Fund is an index-tracking UCITS passively managed. The investment objective of the Fund is to track both the upward and the downward evolution of MSCI ACWI Semiconductors & Semiconductor Equipment Filtered Index (the "Benchmark Index") denominated in US Dollars, while minimizing the volatility of the difference between the return of the Fund and the return of the Benchmark Index (the Tracking Error"). The anticipated level of Tracking Error in normal market conditions is indicated in the prospectus. The Benchmark Index aims to represent the performance of a select set of companies from the semiconductors and semiconductor equipment industries that excludes companies which are Environmental, Social and Governance ("ESG") laggards based on an ESG rating. The Index methodology is constructed using a "Best-in-class approach": best ranked companies are selected to construct the Index. "Best-in-class" is an approach where leading or best-performing investments are selected within a universe, industry sector or class. It excludes companies falling behind on an ESG level, particularly on the basis of ESG ratings. Using such Best-in-class approach, the Index follows an extra-financial approach significantly engaging that permits the reduction by at least 20% of the initial investment universe (expressed in number of issuers). The ESG key issues include for instance, but are not limited to, water stress, carbon emissions, labor management or business ethics. The limits of the approach adopted are described in the Sub-Fund's prospectus through ESG risk factors such as Sustainable investment risk. The ESG score of companies is calculated by an ESG rating agency, using raw data, models and estimates collected/calculated using methods specific to each provider. Due to the lack of standardisation and the uniqueness of each methodology, the information provided may be incomplete. Assessment of sustainability risks is complex and may be based on ESG data which is difficult to obtain, incomplete, estimated, out of date and/or otherwise materially inaccurate. Even when identified, there can be no guarantee that these data will be correctly assessed. MSCI's website (www.msci.com) contains more detailed information about the MSCI indexes. The Benchmark Index is a net total return index. A net total return index calculates the performance of the Benchmark Index constituents on the basis that any dividends or distributions are included in the Benchmark Index returns after withholding tax retention. The Sub-Fund will apply a Direct Replication methodology to get exposition to the Index, mainly by making direct investments in transferable securities and/or other eligible assets representing the Index constituents in a proportion extremely close to their proportion in the Index. The Investment Manager will be able to use derivatives in order to deal with inflows and outflows and also if it allows a better exposition to an Index constituent. In order to generate additional income to offset its costs, the Sub-Fund may also enter into securities lending operations.

Keep reading the KID section ▾

Intended Retail Investor:This product is intended for investors, with a basic knowledge of and no or limited experience of investing in funds seeking to increase the value of their investment and to receive income over the recommended holding period with the ability to bear losses up to the amount invested.

Redemption and Dealing:The Sub-Fund's shares are listed and traded on one or more stock exchanges. In normal circumstances, you may deal in shares during the trading hours of the stock exchanges. Only authorised participants (e.g., selected financial institutions) may deal in shares directly with the Sub-Fund on the primary market. Further details are provided in the MULTI UNITS LUXEMBOURG prospectus.

Distribution policy:The Fund’s amounts available for distribution (if any) will be distributed.

More Information:You may get further information about the Sub-Fund, including the prospectus, and financial reports which are available at and free of charge on request from: Amundi Luxembourg S.A. at 5, allée Scheffer 2520 Luxembourg, Luxembourg.

From the KID’s “Objectives” section · 4 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • TER 0.35%: above the median of equity ETFs we track (0.22%).
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in English, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · EUR · from Jul 2020 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+549.9%
Annualised
+35.5%
Volatility (ann.)
29.1%
Max drawdown
-39.42%
-3%+168%+339%+510%+681%Jul 2020Jan 2022Aug 2023Feb 2025Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+550%Jul 2020Sept 2026
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-10%-20%-30%-40%-50%2020202120222023202420252026−39.42% · 14 Oct 2022
Max drawdown
-39.42%
peak → trough
Trough
14 Oct 2022
from the 07 Dec 2021 peak
Recovery time
242 days
recovery only: trough to break-even · ≈ 8 months
Underwater
553 days
decline + recovery: peak to break-even · ≈ 1 year and 6 months · → recovered on 13 Jun 2023

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
07 Dec 202114 Oct 2022-39.42%13 Jun 2023553
22 Jan 202522 Apr 2025-34.87%15 Jul 2025174
10 Jul 202405 Aug 2024-25.23%06 Jan 2025180
22 Jun 202629 Jul 2026-22.35%ongoing72
27 Apr 202117 May 2021-13.03%30 Jun 202164

Calendar-year returns

2020
24.6%
2021
34.1%
2022
-32.9%
2023
72.0%
2024
66.5%
2025
32.2%
2026
52.9%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
202610.11.4-6.128.120.27.2-13.82.7-0.352.9
2025-1.8-3.5-14.9-3.317.012.17.5-2.311.515.5-5.10.732.2
20249.616.07.5-4.411.711.3-6.4-2.40.33.11.96.566.5
202315.04.17.9-7.422.43.74.0-0.7-5.8-4.212.08.672.0
2022-9.5-1.72.1-12.23.7-15.716.6-8.1-13.12.615.4-12.6-32.9
20216.15.24.45.5-2.74.1-2.14.3-2.00.57.00.234.1
2020-3.23.72.06.77.524.6
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested where declared). Deeper colour = larger move.
Issuer-declared series with dividends reinvested: the total performance, comparable with accumulating funds. Switch it off to see the price (NAV) alone, which drops at every dividend payment.
Source: Amundi. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Tracking difference — issuer-declared

How much the fund returned above (+) or below (−) its index, year by year. It measures the actual deviation: the combined effect of costs (TER and transaction), securities-lending revenue and replication optimisations — which is why it can beat the TER. Tracking difference was positive in 0 of the last 5 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
-0.86% /anno
Declared TER
0.35%
YearFundIndexDifference
2025+32.24%+32.98%-0.73%
2024+66.53%+67.17%-0.64%
2023+72.02%+73.21%-1.20%
2022-32.89%-32.27%-0.62%
2021+34.14%+34.80%-0.66%
Figures declared by the issuer on the fund page (net fund and index returns per calendar year, as of 19 August 2026), not computed by us. Partial years excluded. What is tracking difference? →

Risk indicators· EUR

Last yearLast 3 yearsLast 5 yearsFull history
Volatility (ann.)32.63%31.93%30.80%28.96%
Max drawdown-22.35%-34.87%-40.62%-40.62%
Sharpe2.031.400.961.07
Sortino2.952.011.401.57
Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.20%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR, the fund's currency; the table follows the currency selected in the chart.

Portfolio holdings

Securities in portfolio
71
Top-10 weight
83.2%

Top 10 holdings

NVIDIA CORP · NVDA UW
30.34%
TAIWAN SEMICONDUCTOR MANUFAC · 2330 TT
12.87%
BROADCOM INC · AVGO UW
11.27%
MICRON TECHNOLOGY INC · MU UW
7.13%
ADVANCED MICRO DEVICES · AMD UW
5.08%
SK HYNIX INC · 000660 KP
4.62%
ASML HOLDING NV · ASML NA
4.38%
INTEL CORP · INTC UW
2.65%
LAM RESEARCH CORP · LRCX UW
2.46%
APPLIED MATERIALS INC · AMAT UW
2.38%

Sectors

Information Technology
100.0%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustriaAzerbaijanBurundiBelgiumBeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanadaSwitzerlandChileChina: 0.3%Ivory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermany: 0.6%DjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgyptEritreaSpainEstoniaEthiopiaFinlandFijiFalkland IslandsFrance: 0.2%GabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIrelandIranIraqIcelandIsrael: 0.2%ItalyJamaicaJordanJapan: 3.4%KazakhstanKenyaKyrgyzstanCambodiaSouth Korea: 4.6%KosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlands: 4.8%NorwayNepalNew ZealandOmanPakistanPanamaPeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugalParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSwedenSwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwan: 15.6%United Republic of TanzaniaUgandaUkraineUruguayUnited States of America: 70.3%UzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
United States70.3%
Taiwan15.6%
Netherlands4.8%
South Korea4.6%
Japan3.4%
Germany0.6%
China0.3%
Download the full portfolio — Excel, 72 rows
Full portfolio declared by Amundi, as of 1 September 2026: this is the summary. Percentages may not sum to 100 due to cash, derivatives and rounding.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Dividends

Frequency
Annual
Latest dividend
0.28 EUR
ex 9 Dec 2025 · paid ~12 Dec 2025
Dividends, last 12 months
0.28 EUR
Dividend yield
0.16%
12-month sum over the NAV as of 2 Sept 2026

Yield by year

PeriodDividendsDividend yield
1 year0.28 EUR0.30 %
20250.28 EUR0.32 %
20240.25 EUR0.47 %
20230.00 EUR0.00 %
20220.54 EUR1.15 %
20211.21 EUR3.37 %

Dividend contribution to total return

-40%-30%-20%-10%0%10%20%30%40%50%60%70%80%90%+89.76 %1 year+32.25 %2025+66.51 %2024+72.02 %2023−32.82 %2022+34.06 %2021
dividendsprice changeprice decline

Calendar per share (EUR)

YearJanFebMarAprMayJunJulAugSepOctNovDec
20250.28
20240.25
20220.160.38
20210.500.71
20200.520.41

Latest dividends

Per shareEx-dividend datePayment
0.28 EUR9 Dec 202512 Dec 2025 · estimated
0.25 EUR10 Dec 202413 Dec 2024 · estimated
0.38 EUR7 Dec 20229 Dec 2022 · estimated
0.16 EUR6 Jul 20228 Jul 2022 · estimated
0.71 EUR8 Dec 202110 Dec 2021 · estimated
0.50 EUR7 Jul 20219 Jul 2021 · estimated
0.41 EUR9 Dec 202011 Dec 2020 · estimated
0.52 EUR8 Jul 202010 Jul 2020 · estimated
Per-share dividends as declared by the issuer, in EUR, since the first payment (8 Jul 2020). Past dividends are not indicative of future ones. An «estimated» payment date is computed by Rebalix (ex-date + 2-3 business days, as this issuer has paid in the past) because the issuer does not publish it: it may differ by a day.

Index tracked

MSCI ACWI Semiconductors & Semiconductor Equipment Filtered
This fund belongs to the World and global equity family: compare all census ETFs in this family →

ETFs declaring the same index

FundTERIncomeFund size
CHIP · Amundi
0.35%Acc.1.9 mld EUR
2 ETFs in our census declare this index (including this fund). Funds declaring the exact same index, word for word, in official product lists. Differently-worded variants (or other index versions) are not shown: a short list beats a wrong match. Sorted by TER. A dash “—” = not declared by the issuer in the files we read — not a zero.

Italian taxation

Effective rate on capital gains
26.00%
White-list share
0.00%
From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.
Deep-dive into this fund’s taxation →

Where it shows up commission-free in Italy

According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:

LU2090063327LYSM
  • Finecozero on buys (single orders and savings plan) — promo list renewed monthly: check it is still listed
Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 3 September 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.

Stock exchange listings

ExchangeTickerTrading since
Börse Düsseldorf3 Jul 2020
Börse Frankfurt3 Jul 2020
Börse Hamburg3 Nov 2022
Börse Hannover9 Dec 2024
Börse München / gettex3 Jul 2020
Börse Stuttgart8 Jul 2020
Tradegate Exchange8 Jan 2026
+ 6 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does Amundi MSCI Semiconductors UCITS ETF Dist track?
The issuer Amundi declares the benchmark: MSCI ACWI Semiconductors & Semiconductor Equipment Filtered.
How much does LYSM cost?
The issuer-declared TER is 0.35% per year; the transaction costs estimated in the KID are 0.06%.
How is LYSM taxed in Italy?
On sale, the capital gain is taxed at an effective 26.00% rate (white-list share 0.00%): 12.5% on the government-bond “white list” portion, 26% on the rest.
What is the fund size of LYSM?
The fund size declared by Amundi is about 118 million euro.
When was LYSM launched?
The fund was launched on 2 July 2020: it has 6 years of history.
How does LYSM replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (issuer wording: “Direct(Physical)”).
Does LYSM pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Distribution”).
Where does LYSM trade?
Per the official ESMA register it trades on 7 main exchanges, including Börse Düsseldorf, Börse Frankfurt, Börse Hamburg, Börse Hannover, Börse München / gettex, Börse Stuttgart.
What was LYSM's worst fall?
Over the available history (since 2020), the maximum drawdown was -40.62%, reached in October 2022. Past performance is not indicative of future results.
How many securities does LYSM hold?
The declared portfolio holds 71 securities; the top 10 positions weigh 83.2%.
Transparency note
The data in this sheet is declared by Amundi in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.