Jasmine Birtles
Your money-making expert. Financial journalist, TV and radio personality.
Best Nvidia ETFs for UK Investors in 2026
Moneymagpie Team
23rd Sep 2026
Nvidia beat analysts’ forecasts again when it reported on 26 August 2026, and guided to around $108 billion of revenue for the following quarter. As the company whose chips power much of the AI boom, it’s no surprise so many UK investors want a piece of it.
But putting all your money into one stock is risky, which is why “Nvidia ETFs” are such a popular search. In this guide we list the ETFs that give UK investors the most Nvidia exposure, explain the UCITS trap that catches out lots of eToro users, walk you through buying step by step, and give you a checklist to find the best fit for your portfolio.
Best Nvidia ETFs at a Glance
| ETF | LSE ticker(s) | Fee | Nvidia weight (as at) | On eToro? |
|---|---|---|---|---|
| Amundi MSCI Semiconductors | SEMG, SEMU | 0.35% | 28.8% (24 Jul 2026) | Yes (SEMU.L) |
| iShares S&P 500 IT Sector | IUIT, IITU | 0.15% | 19.8% (30 Jul 2026) | Yes (IUIT.L) |
| Xtrackers MSCI World IT | XDWT, XXTW | 0.25% | 18.0% (29 Jul 2026) | Not found online, check app |
| VanEck Semiconductor | SMH, SMGB (Xetra: VVSM) | 0.35% | 10.5% (31 Jul 2026) | Yes (Xetra line, VVSM.DE) |
| iShares MSCI Global Semis | SEMI | 0.35% | 6.7% (30 Jul 2026) | Not found online, check app |
| iShares Nasdaq 100 / Invesco EQQQ | CNDX, CNX1 / EQQQ, EQQU | 0.30% | 7.9% / 8.0% (late Jul 2026) | CNDX: Yes (CNDX.L). EQQQ: Not found online, check app |
Weights come from fund holdings data (issuer factsheets/justETF) as at the dates shown and will have moved since. “Not found online” means no public eToro page came up for that ticker. It may still be searchable in the app, so check before you buy.
Why Buy a Nvidia ETF Instead of Nvidia Shares?
An ETF (exchange-traded fund) is a basket of investments you can buy and sell on a stock exchange, just like a share. Buy one unit and you own a small slice of every company inside it.
Buying Nvidia shares directly gives you 100% Nvidia, with 100% of the ups and downs. An ETF lets you choose your dose: roughly 29% Nvidia in the most concentrated fund below, or about 8% in a Nasdaq-100 tracker. The rest of your money is spread across other chipmakers or tech giants, so one bad earnings day at Nvidia hurts less.
There’s no UCITS ETF that holds only Nvidia. The products that promise pure Nvidia exposure are leveraged ETPs, which are a very different animal (more on those below).
The Best Nvidia ETFs for UK Investors in 2026
1. Amundi MSCI Semiconductors UCITS ETF (SEMG, SEMU)
What it is: Tracks the MSCI ACWI Semiconductors & Semiconductor Equipment Filtered index, a global basket of chip designers, chipmakers and the firms that build chipmaking machines.
Nvidia exposure: 28.8% of the fund as at 24 Jul 2026. Ongoing charge: 0.35%.
Why consider it: It’s currently the most Nvidia-heavy semiconductor UCITS ETF we found, because its index weights companies by size and Nvidia is by far the biggest chip company.
Watch out for: Nearly a third of your money rides on one company, inside a single, famously boom-and-bust sector. Expect big swings.
2. iShares S&P 500 Information Technology Sector UCITS ETF (IUIT, IITU)
What it is: Holds the technology companies in the S&P 500, the 500 biggest US-listed firms, with caps so no single company dominates completely.
Nvidia exposure: 19.8% of the fund as at 30 Jul 2026. Ongoing charge: 0.15%.
Why consider it: The cheapest fund on our list, and it pairs a big Nvidia slice with Apple, Microsoft, Broadcom and other US tech leaders. It’s a good middle ground between a chip fund and a broad tracker.
Watch out for: It’s US-only and tech-only, so it will fall hard in a tech sell-off. The capping rules can also shift the weights at each rebalance.
3. Xtrackers MSCI World Information Technology UCITS ETF (XDWT, XXTW)
What it is: Tracks technology companies across developed markets worldwide, not just the US.
Nvidia exposure: 18.0% of the fund as at 29 Jul 2026. Ongoing charge: 0.25%.
Why consider it: You get a similar Nvidia slice to the iShares fund, plus some exposure to non-US tech names such as those listed in Europe and Japan.
Watch out for: In practice it’s still dominated by US giants, and it costs a little more than the iShares S&P 500 IT fund.
4. VanEck Semiconductor UCITS ETF (SMH, SMGB (Xetra: VVSM))
What it is: Holds around 25 of the biggest US-listed semiconductor companies.
Nvidia exposure: 10.5% of the fund as at 31 Jul 2026. Ongoing charge: 0.35%.
Why consider it: If you want the chip sector without being overloaded on Nvidia, this one spreads your money fairly evenly between the big names. Nvidia, AMD and Micron each sit around 10%.
Watch out for: Don’t confuse it with the US-listed SMH, which held about 22.5% Nvidia in September 2026. The UCITS version caps each holding at about 10%, so you get much less Nvidia than you might expect.
5. iShares MSCI Global Semiconductors UCITS ETF (SEMI)
What it is: A global chip ETF, including companies based outside the US, with ESG (environmental, social and governance) screening and capping built into its index.
Nvidia exposure: 6.7% of the fund as at 30 Jul 2026. Ongoing charge: 0.35%.
Why consider it: A more diversified way into semiconductors, with global names like TSMC and ASML alongside the US giants.
Watch out for: If Nvidia is the main thing you’re after, this gives you relatively little of it.
6. iShares Nasdaq 100 UCITS ETF / Invesco EQQQ Nasdaq-100 UCITS ETF (CNDX, CNX1 / EQQQ, EQQU)
What it is: Two popular trackers of the Nasdaq-100, the 100 biggest non-financial companies on the US Nasdaq exchange.
Nvidia exposure: 7.9% / 8.0% of the fund as at late Jul 2026. Ongoing charge: 0.30%.
Why consider it: A much broader, less nerve-racking way to own some Nvidia, alongside Apple, Microsoft, Amazon and the rest of the Nasdaq giants. A good “core” holding if you’re a beginner.
Watch out for: Nvidia is a relatively small slice, and the Nasdaq-100 is itself heavily tilted towards US tech. The index was rebalanced in September 2026, so weights have shifted since these figures.
What About US Nvidia ETFs?
You’ll see US-listed funds like these recommended on American sites. On eToro, UK residents can only trade US ETFs as CFDs, so they’re listed here for reference only.
- VanEck Semiconductor ETF (SMH): about 22.5% Nvidia (18 Sep 2026), 0.35% fee.
- iShares Semiconductor ETF (SOXX): about 7.7% Nvidia (18 Sep 2026), 0.33% fee.
Leveraged Nvidia ETPs: Handle With Care
Search “Nvidia ETF” and you’ll also find products like the GraniteShares 3x Long NVIDIA Daily ETP (3LNV, 0.99% fee) and the Leverage Shares 3x NVIDIA ETP (NVD3), listed in London. They aim to deliver three times Nvidia’s daily move, up or down. Because they reset every day, their returns over weeks or months can end up far from three times the share price’s move, and a sharp fall can wipe out most of your money.
They’re not UCITS ETFs and they’re not beginner products. We didn’t find them on eToro’s public site either.
How to Buy Nvidia ETFs on eToro (Step by Step)
eToro is popular with UK beginners because ETF trades are commission-free and you can start with small amounts. But there’s one catch that trips lots of people up, so we’ll cover that first.
The UCITS catch: why you should search for the London ticker
eToro states that all US ETF positions opened by UK and EEA residents are only available as CFDs (contracts for difference).
A CFD is a bet on the price, so you don’t own the ETF itself. So if you type in a US ticker like SMH or SOXX, you won’t be buying the real fund.
The fix is simple: buy the UCITS version listed in London or Europe. UCITS is an EU/UK rulebook for funds sold to everyday investors, and these are the versions UK investors can actually own. eToro added 250 UCITS ETFs to its platform in January 2026.
Step-by-step: How to Buy Nvidia ETFs on eToro
- Create an account. Registration is free and takes a few minutes on eToro’s website or app.
- Verify your identity. Upload a photo ID (a passport is preferred, or a driving licence) and a proof of address dated within the last three months, such as a bank statement or utility bill. Verification can take a few days.
- Add money. UK accounts come with a GBP account (run by eToro Money UK) alongside eToro’s USD investment account. Minimum deposits vary by payment method, so check eToro’s minimum deposit page before you transfer. Bank transfers have a higher minimum than cards.
- Search for your ETF by its London ticker. For example, type “IUIT.L” for the iShares S&P 500 Information Technology Sector UCITS ETF. Tickers ending in “.L” are London-listed. Open the page and check the position isn’t labelled “CFD”.
- Click Buy and enter the amount. You can buy fractional ETF units from $10, so you don’t need to afford a whole unit. Clicking Buy at the current price places a market order. If you’d rather name your price, set a limit order, which can never be filled at a worse price than the one you set.
- Automate it (optional). eToro’s recurring investment feature lets you invest a fixed amount every month, from $25, into stocks and ETFs. For UK users it’s funded by debit card, and it’s not available for CFDs or leveraged ETFs.
eToro fees to know about
- Commission: eToro charges zero commission on ETF trades, whatever the size.
- Currency conversion: moving money between your GBP account and the USD investment account costs 0.75%. eToro says GBP-listed assets bought from the GBP account carry no conversion fee, so it’s worth checking whether a GBP line of your chosen ETF is available.
- Withdrawals: free from the GBP account and $5 from the USD account.
- Inactivity: listed as free on eToro’s fees page.
Can you hold these ETFs in an ISA on eToro?
eToro offers a Stocks and Shares ISA, powered by Moneyfarm (MFM Investment Ltd). In July 2026 eToro removed dealing commission and the annual custody fee from it, but a 0.70% FX charge still applies to non-GBP assets.
The ISA covers 1,000+ stocks, ETFs, bonds and funds, which is a smaller range than eToro’s main account, so search for your chosen Nvidia ETF inside the ISA before you commit.
Practise first with the demo account
Nervous about pressing Buy for the first time? eToro’s free Virtual Portfolio gives you $100,000 of pretend money to practise with. Switch between Real and Virtual with a toggle.
Is your money protected? eToro (UK) Ltd is authorised and regulated by the FCA (firm reference number 583263). Investments are covered by the FSCS up to £85,000 per person if the firm fails. Money held in the GBP e-money account is safeguarded but not covered by the FSCS. And remember, the FSCS never protects you against investments falling in value.
Heads-up: eToro says it will start gradually moving users to a new app from 4 October 2026, so button names and screens may look slightly different from the steps above.
How to Choose the Best Nvidia ETF for Your Portfolio: Your Checklist
There’s no single “best” Nvidia ETF for everyone. The right one depends on how much Nvidia you want, what else you own and what you’re willing to pay. Run through this checklist before you buy, and feel free to print it out.
☐ Work out how much Nvidia you would really own. Multiply the amount you invest by the fund’s Nvidia weight. For example, £1,000 in the iShares S&P 500 Information Technology Sector UCITS ETF (about 20% Nvidia) gives you roughly £200 of Nvidia. Then ask whether that feels too little, about right or too much for your whole portfolio.
☐ Check it’s a UCITS ETF with a London (or European) listing. That way you own the real fund on eToro, not a CFD. The fund’s name will usually include “UCITS”.
☐ Compare the ongoing charge (OCF/TER). Small differences add up. On £10,000, a 0.35% fee costs about £35 a year and a 0.15% fee about £15, before any growth. Cheaper isn’t automatically better, but you should know what you’re paying.
☐ Look for overlap with what you already own. If you already hold a global tracker or an S&P 500 fund, you already own some Nvidia. Stacking a sector ETF on top can leave you far more concentrated than you meant to be.
☐ Check how concentrated the fund is. Look at what share of the fund sits in its top 10 holdings, and how many sectors it covers. A single-sector fund will swing much harder than a broad index fund.
☐ Understand the index rules. Some indices cap any one company at a set percentage. Others are weighted by company size. The rules decide how much Nvidia you get and how that changes over time.
☐ Choose accumulating or distributing. Accumulating (Acc) funds reinvest dividends automatically, while distributing (Dist) funds pay them out as cash. Beginners building long-term wealth often prefer Acc.
☐ Pick your currency line. Many ETFs trade in both USD and GBP/GBX in London. This doesn’t change the currency risk inside the fund, but it can affect the conversion fees you pay on eToro.
☐ Check it’s available where you want to hold it. Search for the exact ticker in eToro’s main account and, if you want tax-free growth, inside the eToro ISA as well.
☐ Read the factsheet and KID, and check the date. Holdings change all the time. Check the “as at” date on any weight you see, including the ones in this article.
☐ Say no to leverage (for now). Unless you fully understand daily resetting and are happy to lose money quickly, stick with ordinary, unleveraged ETFs.
☐ Decide: Nvidia-heavy or chip-sector-balanced? If you want Nvidia to drive your returns, look at Amundi or iShares IT. If you want the whole chip industry, look at VanEck or iShares Global Semis.
Frequently Asked Questions
Is there an ETF that only holds Nvidia?
Not an ordinary UCITS ETF. Single-stock products do exist, but they’re leveraged ETPs, which are high-risk and unsuitable for most beginners. If you want 100% Nvidia, buying the shares directly is simpler.
Which ETF has the most Nvidia for UK investors?
Of the UCITS funds we checked, the Amundi MSCI Semiconductors UCITS ETF had the highest weight, at about 28.8% (24 July 2026), followed by the iShares S&P 500 Information Technology Sector UCITS ETF at about 19.8%.
Can I buy SMH on eToro in the UK?
Only as a CFD, which means you don’t own the fund. UK investors wanting the real thing should look at the UCITS version, the VanEck Semiconductor UCITS ETF. Bear in mind it holds much less Nvidia than the US fund.
Risk Disclaimer
This article is for general information and educational purposes only. It is not regulated financial advice or a personal recommendation to buy or sell any investment. The value of investments can go down as well as up, and you may get back less than you put in. Past performance is not a reliable guide to future returns. Sector and thematic ETFs are more concentrated, and so riskier, than broad market funds. ETF holdings, fees and platform features were correct as at the dates shown and change regularly, so check the latest factsheet and eToro’s current terms before investing. If you’re unsure, speak to a regulated financial adviser.
CFD warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. eToro states that 51% of retail investor accounts lose money when trading CFDs with this provider (check the live figure on eToro’s website, as it is updated regularly). You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Leave a Reply