For Immediate Release
Chicago, IL – September 20, 2021 – Zacks.com announces the list of ETFs featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. ETFs recently featured in the blog include: iShares PHLX Semiconductor ETF (SOXX - Free Report) , VanEck Vectors Semiconductor ETF (SMH - Free Report) , SPDR S&P Semiconductor ETF (XSD - Free Report) , Invesco Dynamic Semiconductors ETF (PSI - Free Report) and First Trust Nasdaq Semiconductor ETF (FTXL - Free Report) .
Here are highlights from Friday’s Analyst Blog:
Semiconductor ETFs Soaring to New Heights
Semiconductor ETFs have been rallying this year and are hitting new peaks on several occasions. This is especially true as the pandemic has bolstered demand for chips in leaps and bounds, leading to the worst global shortage in many years.
Semiconductors have been the most important drivers of the overall growth in technology, given the use of chips in day-to-day life from cars, electronic gadgets to planes and weapons. The demand is likely to continue to trend higher given the increased digitization in various corners like healthcare, transport, financial systems, defense, agriculture and retail among others.
The rapid adoption of cutting-edge technology like cloud, Internet of Things, autonomous cars, gaming, wearables, VR headsets, drones, virtual reality devices, artificial intelligence, cryptocurrencies, 5G and other advanced information technologies should continue to fuel growth.
The global semiconductor market is expected to grow 12.5% year over year to reach $522 billion in 2021, according to the International Data Corporation. Per the World Semiconductor Trade Statistics (WSTS), the worldwide semiconductor market is expected to surge 25% in 2021 following 6.8% growth in 2020.
All major product categories will likely see increases with memory set to register the largest revenue growth of 37.1%, followed by 29.1% growth in the analog segment and 26.2% in logic (read: 4 Chip ETFs You Should Not Ignore).
ETFs to Tap
Given the bullish trend, semiconductor ETFs are soaring this year. Below we have highlighted these in detail. All these have a top Zacks ETF Rank #1 (Strong Buy):
iShares PHLX Semiconductor ETF
This ETF follows the PHLX SOX Semiconductor Sector Index and offers exposure to 30 U.S. companies that design, manufacture and distribute semiconductors. The fund has amassed $7.4 billion in its asset base and trades in a solid average volume of around 668,000 shares a day. It charges 43 bps in fees a year from its investors (read: Semiconductor ETF Hits New 52-Week High).
VanEck Vectors Semiconductor ETF
This fund provides exposure to 25 securities by tracking the MVIS US Listed Semiconductor 25 Index. The product has managed assets worth $6 billion and charges 35 bps in annual fees and expenses. It is heavily traded with volume of around 3.1 million shares per day.
SPDR S&P Semiconductor ETF
This fund tracks the S&P Semiconductor Select Industry Index, holding 40 stocks in its portfolio. It has amassed $1.1 billion in its asset base while trades in an average daily volume of about 53,000 shares. It charges 35 bps in fees per year.
Invesco Dynamic Semiconductors
This fund tracks the Dynamic Semiconductor Intellidex Index, holding 31 securities in its basket. It has AUM of $696.2 million and sees moderate average daily volume of 31,000 shares. The expense ratio is 0.57% (read: Chip Shortages: ETF Winners and Losers).
First Trust Nasdaq Semiconductor
This fund offers exposure to the most-liquid U.S. semiconductor securities based on volatility, value and growth by tracking the Nasdaq US Smart Semiconductor Index. Holding 30 stocks in its basket, FTXL has accumulated $77.5 million in AUM. The average trading volume is light at around 7,000 shares and expense ratio is 0.60%
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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For Immediate Release
Chicago, IL – September 20, 2021 – Zacks.com announces the list of ETFs featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. ETFs recently featured in the blog include: iShares PHLX Semiconductor ETF (SOXX - Free Report) , VanEck Vectors Semiconductor ETF (SMH - Free Report) , SPDR S&P Semiconductor ETF (XSD - Free Report) , Invesco Dynamic Semiconductors ETF (PSI - Free Report) and First Trust Nasdaq Semiconductor ETF (FTXL - Free Report) .
Here are highlights from Friday’s Analyst Blog:
Semiconductor ETFs Soaring to New Heights
Semiconductor ETFs have been rallying this year and are hitting new peaks on several occasions. This is especially true as the pandemic has bolstered demand for chips in leaps and bounds, leading to the worst global shortage in many years.
Semiconductors have been the most important drivers of the overall growth in technology, given the use of chips in day-to-day life from cars, electronic gadgets to planes and weapons. The demand is likely to continue to trend higher given the increased digitization in various corners like healthcare, transport, financial systems, defense, agriculture and retail among others.
The rapid adoption of cutting-edge technology like cloud, Internet of Things, autonomous cars, gaming, wearables, VR headsets, drones, virtual reality devices, artificial intelligence, cryptocurrencies, 5G and other advanced information technologies should continue to fuel growth.
The global semiconductor market is expected to grow 12.5% year over year to reach $522 billion in 2021, according to the International Data Corporation. Per the World Semiconductor Trade Statistics (WSTS), the worldwide semiconductor market is expected to surge 25% in 2021 following 6.8% growth in 2020.
All major product categories will likely see increases with memory set to register the largest revenue growth of 37.1%, followed by 29.1% growth in the analog segment and 26.2% in logic (read: 4 Chip ETFs You Should Not Ignore).
ETFs to Tap
Given the bullish trend, semiconductor ETFs are soaring this year. Below we have highlighted these in detail. All these have a top Zacks ETF Rank #1 (Strong Buy):
iShares PHLX Semiconductor ETF
This ETF follows the PHLX SOX Semiconductor Sector Index and offers exposure to 30 U.S. companies that design, manufacture and distribute semiconductors. The fund has amassed $7.4 billion in its asset base and trades in a solid average volume of around 668,000 shares a day. It charges 43 bps in fees a year from its investors (read: Semiconductor ETF Hits New 52-Week High).
VanEck Vectors Semiconductor ETF
This fund provides exposure to 25 securities by tracking the MVIS US Listed Semiconductor 25 Index. The product has managed assets worth $6 billion and charges 35 bps in annual fees and expenses. It is heavily traded with volume of around 3.1 million shares per day.
SPDR S&P Semiconductor ETF
This fund tracks the S&P Semiconductor Select Industry Index, holding 40 stocks in its portfolio. It has amassed $1.1 billion in its asset base while trades in an average daily volume of about 53,000 shares. It charges 35 bps in fees per year.
Invesco Dynamic Semiconductors
This fund tracks the Dynamic Semiconductor Intellidex Index, holding 31 securities in its basket. It has AUM of $696.2 million and sees moderate average daily volume of 31,000 shares. The expense ratio is 0.57% (read: Chip Shortages: ETF Winners and Losers).
First Trust Nasdaq Semiconductor
This fund offers exposure to the most-liquid U.S. semiconductor securities based on volatility, value and growth by tracking the Nasdaq US Smart Semiconductor Index. Holding 30 stocks in its basket, FTXL has accumulated $77.5 million in AUM. The average trading volume is light at around 7,000 shares and expense ratio is 0.60%
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Buy 5 Stocks BEFORE Election Day
Biden or Trump? Zacks is releasing a FREE Special Report, Profit from the 2024 Presidential Election (no matter who wins).
Since 1950, presidential election years have been strong for the market. This report names 5 timely stocks to ride the wave of electoral excitement.
They include a medical manufacturer that gained +11,000% in the last 15 years… a rental company absolutely crushing its sector… an energy powerhouse planning to grow its already large dividend by 25%... an aerospace and defense standout that just landed a potentially $80 billion contract… and a giant chipmaker building huge plants in the U.S.
Don’t Wait. Download FREE >>
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