Semiconductor is a general term for a class of materials, integrated circuit is a large collection of circuits made of semiconductor materials, chip is a product formed by different types of integrated circuit or a single type of integrated circuit. Corresponding to daily necessities that are easy to understand, semiconductors are all kinds of paper fibers, integrated circuits are a paper, and chips are books or notebooks. There is a high overlap between the Semiconductor 50ETF and the chip ETF, which tracks the semiconductor chip index. The Semiconductor 50ETF is currently the largest and most liquid ETF in the semiconductor chip space.