{"version":1,"type":"story","url":"https://digestai.news/story/global-xs-llm-etf-tops-with-sk-hynix-not-nvidia","json":"https://digestai.news/story/global-xs-llm-etf-tops-with-sk-hynix-not-nvidia.json","markdown":"https://digestai.news/story/global-xs-llm-etf-tops-with-sk-hynix-not-nvidia.md","slug":"global-xs-llm-etf-tops-with-sk-hynix-not-nvidia","headline":"Global X’s LLM ETF tops with SK Hynix, not NVIDIA","summary":"Global X’s new **Global X LLM ETF (LLMA)** launched on September 29, focusing on large language models. Its top holding is **SK Hynix** at 7.1% of assets, not NVIDIA, which ranks 13th at 2.7% ($293 million). Memory chipmakers dominate, with **Micron** at 5.8% and **Intel** at 4.2%, reflecting the fund’s tilt toward hardware over AI software.\n\nThe fund charges a **0.75% expense ratio**, matching its existing **AI ETF (AIQ)**, which has surged 27.9% year-to-date. Micron and Intel have outperformed NVIDIA this year, rising 274% and 214%, respectively, while NVIDIA gained only 22%. LLMA’s portfolio remains unpublished, and its focus on private firms like OpenAI and Anthropic adds uncertainty.","keyPoints":["Global X’s LLM ETF (LLMA) launched September 29 with $10.85B in assets, led by SK Hynix at 7.1%","NVIDIA ranks 13th at 2.7% ($293M), trailing Micron (5.8%) and Intel (4.2%)","AIQ fund’s memory-heavy focus drove 27.9% YTD gains, outpacing NVIDIA’s 22% return"],"whyItMatters":"The ETF’s composition reveals shifting AI investment priorities: memory and hardware over pure AI firms, reflecting hardware bottlenecks and private company valuations.","category":{"slug":"business","name":"Business & Funding","url":"https://digestai.news/category/business"},"entities":{"companies":["Global X","SK Hynix","NVIDIA","Micron","Intel","Samsung Electronics"],"models":[],"people":[]},"firstPublishedAt":"2026-10-05T05:45:00Z","updatedAt":"2026-10-05T05:45:00Z","sourceCount":1,"hasPrimarySource":false,"sources":[{"outlet":"finance.yahoo.com","title":"NVIDIA Is the 8th Biggest Holding in the Most Popular AI ETF. What’s Number One?","url":"https://finance.yahoo.com/technology/ai/articles/nvidia-8th-biggest-holding-most-124536387.html","publishedAt":"2026-10-05T05:45:00Z","type":"press","primary":false,"lead":true}],"sourceNotes":null,"discussions":[],"thread":{"title":"AI Chip Race Revenue Targets Market Moves","url":"https://digestai.news/thread/arm-ceo-boosts-confidence-in-2b-agi-cpu-revenue-target","storyCount":3},"cite":{"text":"Digest AI, \"Global X’s LLM ETF tops with SK Hynix, not NVIDIA\", 5 October 2026, https://digestai.news/story/global-xs-llm-etf-tops-with-sk-hynix-not-nvidia","publisher":"Digest AI","title":"Global X’s LLM ETF tops with SK Hynix, not NVIDIA","datePublished":"2026-10-05T05:45:00Z","url":"https://digestai.news/story/global-xs-llm-etf-tops-with-sk-hynix-not-nvidia"},"generatedBy":"Written by Digest AI's editorial model from the linked sources; the sources are the record.","license":"Headlines, digests and key points are written by Digest AI and may be quoted with a link to the story page. Linked articles belong to their publishers. Terms: https://digestai.news/terms#reuse"}