If You'd Parked $1,000 in the iShares Semiconductor ETF 5 Years Ago, Here's What You'd Have Today
The ETF has been a four-bagger in that span.
Overview
One of the more explosive exchange-traded funds (ETFs) in the market over the past few years has been the iShares Semiconductor ETF (NASDAQ: SOXX). It's not as diversified as other tech ETFs, but that has worked out in its favor.
Image source: Getty Images.
In the past five years, the SOXX ETF is up 318%, meaning a $1,000 investment made back then would be worth $4,181 today (with dividends reinvested, as of July 2). For perspective, if you put that same $1,000 into an S&P 500 ETF, it would have risen 86% and pushed your investment to $1,862 (total return).
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Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.