The Nasdaq's "V" bottom recovery has defied bearish predictions, driven by a pause in tariffs and strong tech earnings, particularly in AI sectors. Semiconductor investors should stay confident, as AI growth fears were overstated, with Nvidia's transition to Blackwell and TSMC's investments anchoring the AI thesis. Despite cyclical headwinds in non-AI segments, the semiconductor industry's forward P/E and PEG ratios suggest a buying opportunity, with resilient price action supporting this view.
With the U.S. and China hitting pause on tariffs, markets are breathing a sigh of relief. Here are three ETF that strategies investors can follow to capitalize on the trade truce.
Subscribers to Chart of the Week received this commentary on Sunday, May 4.
![]() SMH 18 Dec 2023 Paid | Annual | $1.04 Per Share |
![]() SMH 19 Dec 2022 Paid | Annual | $2.4 Per Share |
![]() SMH 20 Dec 2021 Paid | Annual | $1.57 Per Share |
![]() SMH 21 Dec 2020 Paid | Annual | $1.5 Per Share |
![]() SMH 23 Dec 2019 Paid | Other | $4.24 Per Share |
![]() SMH 18 Dec 2023 Paid | Annual | $1.04 Per Share |
![]() SMH 19 Dec 2022 Paid | Annual | $2.4 Per Share |
![]() SMH 20 Dec 2021 Paid | Annual | $1.57 Per Share |
![]() SMH 21 Dec 2020 Paid | Annual | $1.5 Per Share |
![]() SMH 23 Dec 2019 Paid | Other | $4.24 Per Share |
NASDAQ (NMS) Exchange | US Country |
The described company operates as an investment fund centered around the semiconductor industry. It commits at least 80% of its total assets to securities that align with its benchmark index, focusing on common stocks and depositary receipts. The scope of investment targets U.S. exchange-listed companies within the semiconductor sector, which includes both medium-sized corporations and international companies listed in the U.S. markets. This fund adopts a non-diversified investment strategy, concentrating its investments in a specific area of the technology sector.
The primary service offered by the fund is investing in securities specific to the semiconductor industry. This includes acquiring common stocks and depositary receipts that are part of the fund's benchmark index. Through these investments, the fund aims to mirror the performance of the semiconductor sector represented by its chosen index.
Investments are primarily focused on companies within the semiconductor industry that are listed on U.S. exchanges. This includes not just U.S.-based companies but also international firms that have their stocks listed in U.S. markets. This strategy provides investors with exposure to the global semiconductor industry while leveraging the regulatory and financial benefits of U.S. market listings.
Among its investment targets, the fund places a significant emphasis on medium-capitalization companies in the semiconductor sector. This approach allows the fund to potentially capture growth opportunities in emerging or rapidly evolving segments of the industry, where such companies frequently operate.