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Corgi Lithography & Semiconductor Photonics ETF falls over 20% in a month despite strong core holdings.

Analyst Insights
03 Aug 2026
Seeking Alpha
View Source
Bullish
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The Corgi Lithography & Semiconductor Photonics ETF (EUV) has dropped more than 20% in one month, mainly due to sector fears of margin contraction from Chinese oversupply. However, its core holdings, including ASML with its EUV monopoly and TSMC, remain strong and insulated from these risks. The ETF offers active, thematic exposure to lithography and photonics with a competitive 0.35% expense ratio. The analyst rates EUV as a Buy, citing positive earnings growth, attractive forward valuation multiples, and limited exposure to the main negative catalyst affecting the sector.

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