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.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.