This Taiwan ETF Is a Backdoor Bet on Apple's iPhone Suppliers

IShares fund holds firms that get 18% of revenue from Apple
Higher concentration of suppliers than semiconductors ETFs

iPhone X
Photographer: David Paul Morris/Bloomberg

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By Carolina Wilson and Tom Lagerman

October 9, 2017 at 11:00 AM UTC

This article is for subscribers only.

What’s the best way to bet on Apple Inc.’s suppliers? Try an exchange-traded fund tracking Taiwanese stocks.

As Apple prepares to roll out the iPhone X, the latest version of its flagship smartphone, on Nov. 3, international investors are ramping up bets on suppliers for the device, whose shares can rise and fall on the latest rumors swirling around the iconic gadget.