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Semiconductor ETFs continue to outperform the broader market thanks to surging demand for chips from manufacturers of everything from smartphones to cars, laptops, PCs, video games and data centers. Chips have become integral in anything powered by software.
Many advanced chips are designed in the US, but only around 12% are manufactured here. Taiwanese chipmaker TSMC (TSM - Free Report) , the world’s largest and most advanced contract chip manufacturer, announced recently that it was increasing capital investments by at least 47% this year to meet surging demand.
Tech giants such as Apple (AAPL - Free Report) and Amazon (AMZN - Free Report) are now designing some of their chips in-house, but they still have rely on Asian manufacturers. We have also seen an acceleration in the industry consolidation, with Nvidia’s (NVDA - Free Report) plan to acquire chip designer Arm and AMD’s (AMD - Free Report) deal with Xilinx (XLNX).
The iShares PHLX Semiconductor ETF (SOXX - Free Report) is a modified market cap weighted ETF. It has 30 holdings with a cap of 8% on individual securities. Intel (INTC - Free Report) and Broadcom (AVGO - Free Report) are its top holdings.
The VanEck Vectors Semiconductor ETF (SMH - Free Report) also follows a market cap weighted index. Taiwan Semi and Nvidia are its top holdings.
The SPDR S&P Semiconductor ETF (XSD - Free Report) is an equal weighted ETF. The Invesco Dynamic Semiconductors Portfolio (PSI - Free Report) is a smart Beta ETF.
Please watch the short video above to learn more about these ETFs.
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4 ETFs to Invest in Shining Semiconductor Stocks
Semiconductor ETFs continue to outperform the broader market thanks to surging demand for chips from manufacturers of everything from smartphones to cars, laptops, PCs, video games and data centers. Chips have become integral in anything powered by software.
Many advanced chips are designed in the US, but only around 12% are manufactured here. Taiwanese chipmaker TSMC (TSM - Free Report) , the world’s largest and most advanced contract chip manufacturer, announced recently that it was increasing capital investments by at least 47% this year to meet surging demand.
Tech giants such as Apple (AAPL - Free Report) and Amazon (AMZN - Free Report) are now designing some of their chips in-house, but they still have rely on Asian manufacturers. We have also seen an acceleration in the industry consolidation, with Nvidia’s (NVDA - Free Report) plan to acquire chip designer Arm and AMD’s (AMD - Free Report) deal with Xilinx (XLNX).
The iShares PHLX Semiconductor ETF (SOXX - Free Report) is a modified market cap weighted ETF. It has 30 holdings with a cap of 8% on individual securities. Intel (INTC - Free Report) and Broadcom (AVGO - Free Report) are its top holdings.
The VanEck Vectors Semiconductor ETF (SMH - Free Report) also follows a market cap weighted index. Taiwan Semi and Nvidia are its top holdings.
The SPDR S&P Semiconductor ETF (XSD - Free Report) is an equal weighted ETF. The Invesco Dynamic Semiconductors Portfolio (PSI - Free Report) is a smart Beta ETF.
Please watch the short video above to learn more about these ETFs.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>