Semiconductor ETFs Hit a Growth Spurt
July 16th at 4:10pm by Tom Lydon
Semiconductor exchange traded funds (ETFs) have been riding a serious upswing lately.
- SPDR S&P Semiconductor ETF (XSD) is up 31.0% for the year.
- Semiconductor HOLDR (SMH) has made a comeback. Last year it was down 7.0%, and now it is up 31.0% for the year.
- iShares S&P GSTI Semiconductor Index Fund (IGW) was up 0.2% last year and is up 30.1% for the year.
- PowerShares Dynamic Semiconductor Portfolio (PSI) was up 4.6% last year and is up 27.5% for the year.
As part of the technology sector which has been strong this year, it’s no wonder these semiconductor ETFs have been performing so well.
