Nvidia's CEO Exit Sends Shockwaves Across ETF Markets Nauman Khan Thu, November 12, 2026 at 11:31 AM EST 1 min read NVDA -5.09% SMH -0.56% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Nvidia's (NASDAQ:NVDA) leadership shake-up is creating another reason for investors to look closely at how much exposure their funds have to the AI chip giant.
Nvidia shares dropped more than 14% after Jensen Huang resigned as CEO, sending a jolt through funds with sizable positions in the stock.
Some ETFs have more riding on Nvidia than others. The Strive U.S. Semiconductor ETF (NYSE:SHOC) has the largest allocation among the funds listed, with 21.68% of its portfolio invested in Nvidia. The Global X Magnificent Six ETF (SIX) follows at 20.38%.
Warning! GuruFocus has detected 3 Warning Signs with NVDA.
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The American Century Focused Dynamic Growth ETF has a 19% weighting, while the VanEck Semiconductor ETF (SMH) allocates 18.92%. The Roundhill NVDA WeeklyPay ETF (NVDW) rounds out the top five at 18.76%.
Nvidia's board has appointed Chief Financial Officer Colette Kress as interim CEO while it looks for a permanent replacement. For investors holding these ETFs, the leadership transition adds another factor to consider alongside Nvidia's business performance and the broader AI market.
