Semiconductor exchange traded funds, such as the VanEck Vectors Semiconductor ETF (NYSEArca: SMH) and the iShares PHLX Semiconductor ETF (NasdaqGM: SOXX), have been important cogs in the ascent of the broader technology sector in 2017. However, some traders are questioning the near-term potential of chip stocks.

The Technology Select Sector SPDR (NYSEArca: XLK), the largest technology exchange traded fund by assets, along with rival, traditional technology ETFs such as the Fidelity MSCI Information Technology Index ETF (NYSEArca: FTEC) and the Vanguard Information Technology ETF (NYSEArca: VGT) feature exposure to semiconductor stocks, but SMH and SOXX are more direct plays.

“It’s been a miserable week for semiconductor stocks. The S&P 500 industry group has fallen by more than 5 percent in the past week, and three S&P semiconductor stocks – Advanced Micro Devices, Lam Research, and KLA-Tencor — have fallen by more than 10 percent. Still, the group is up by 42 percent over the past year,” CNBC reported, referencing price action among chip stocks last week.