Prediction: Down 4% in a Month, This ETF Will Still Be the Best-Performing Tech ETF This Year
Semiconductor stocks still have plenty of runway in front of them.
Overview
It might not be the explosive gains some investors have gotten accustomed to over the past couple of years, but the tech sector as a whole is still performing well in 2026. Much of the attention goes to the "Magnificent Seven" stocks -- Nvidia, Apple, Microsoft, Amazon, Alphabet, Meta Platforms, and Tesla -- but companies operating in the niche semiconductor segment of the tech sector have been among the best performers this year.
The iShares Semiconductor ETF (NASDAQ: SOXX) reflects this, up 89% year to date. Despite the impressive gains, the past month hasn't been great, with the ETF down 4%.
Image source: Getty Images.
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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.