This Unstoppable ETF Is Down 12% From Its High -- and History Says Now Is a Smart Time to Invest
Yahoo Finance ·
You would have a hard time finding an exchange traded fund (ETF) that has performed better than the VanEck Semiconductor ETF ( SMH -1.56% ) over the years. Pick a time frame, and the VanEck Semiconductor ETF has outperformed just about any other ETF -- and not just recently but over the long term. The ETF is up 65% year to date and 88% over the past year. No major tech, large-cap, or small-cap ETF comes close to that. And over the past three years, it has generated a staggering 60% average annualized return. The outperformance has, of course, been driven by chip stocks , which have been leading the AI revolution and current bull market. It tracks the MVIS US Listed Semiconductor 25 index, which includes the 25 largest, most liquid semiconductor stocks in the world. So when graphics processing unit (GPU) makers like Nvidia and Broadcom were dominating earlier in this bull market, they drove the performance of this ETF, and now it's memory chip stocks like Micron Technology that are fueling the eye-popping results.
DYAX Investor Sentiment
Bullish (Long) 37% · Bearish (Short) 63%
424 participants
Related News
- Microsoft Stays Flat After Cutting an AI Phishing Supply Chain
- Will Nvidia be allowed to sell more chips to China? This former Trump economic adviser has a hot take.
- Meta Gains 1.8% as Jefferies Reprices the Muse Opportunity
- Stocks making big moves yesterday: AutoZone, Natera, Shopify, Twilio, and Lennar
- Marvell's AI Infrastructure Bet Gets a Fresh Wall Street Vote
- Meta’s Muse Just Put Instacart’s Grocery Empire on Notice
