IXUS is iShares' international equity ETF (developed + emerging markets ex-U.S.), essentially the same category as VXUS or VEU. Top holdings are also semiconductor-heavy: TSMC, Samsung Electronics, SK hynix.

Its 22.8% one-year return closely matches VXUS's 23.2%. At a 0.07% expense ratio, it's somewhat costlier than VXUS's 0.05%, so VXUS or VEU is the more cost-efficient choice for new allocations.