Leveraged Semiconductor ETFs Lose $63B in Assets Since June Peak

Assets under management (AUM) in US leveraged semiconductor ETFs have dropped by $63 billion from their June peak to $100 billion, the lowest level since late April. This represents a 39% decline, the largest drawdown since April 2025, when assets more than halved from their August high.

The selloff accounts for 63% of the $100 billion decline in AUM across all US leveraged ETFs over the same period. The unwind comes after assets in these funds nearly tripled between the last week of March and their June peak.

Despite the sharp reduction, leveraged semiconductor ETF assets remain 400% above January 2023 levels, indicating that investors are aggressively cutting leverage after an extended buildup.