PSCT features exposure to seven technology industry groups with electronic equipment and components makers and semiconductor-related firms combining for 53% of the fund’s weight.

“Worldwide semiconductor revenue is forecast to total $401.4 billion in 2017, an increase of 16.8 percent from 2016,” according to Gartner, Inc. “This will be the first time semiconductor revenue has surpassed $400 billion. The market reached the $300 billion milestone seven years ago, in 2010, and surpassed $200 billion in 2000.”

Related: U.S. Stock ETFs Trip as Tech Sector Plunges

Semiconductor ETFs have recently been durable performers as semiconductor stocks are rebounding to steady the broader technology sector, but that does not mean the gains are over for this suddenly hot group. However, valuations are rising for chip stocks.

“Large-cap stocks appeal to many investors because they’ve already proven their success. If you want the best returns available, though, small-cap stocks are where you need to look, especially in the technology industry,” notes Motley Fool.

For more news and strategy on the Technology market, visit our Technology category.