This Unstoppable ETF Is Down 12% From Its High -- and History Says Now Is a Smart Time to Invest
There are not many ETFs that can match this ETF on performance.
Overview
You would have a hard time finding an exchange traded fund (ETF) that has performed better than the VanEck Semiconductor ETF (NASDAQ: SMH) over the years.
Pick a time frame, and the VanEck Semiconductor ETF has outperformed just about any other ETF -- and not just recently but over the long term. The ETF is up 65% year to date and 88% over the past year. No major tech, large-cap, or small-cap ETF comes close to that. And over the past three years, it has generated a staggering 60% average annualized return.
Details
The outperformance has, of course, been driven by chip stocks, which have been leading the AI revolution and current bull market.
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.