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SMH - Forget the Nasdaq -- Buy This Magnificent ETF Instead
VanEck Vectors Semiconductor ETF
2024-07-02 08:45:00 ET
The Nasdaq Composite index is up 18% year to date, making it the top-performing major index this year. Yet, while the Nasdaq's gain is impressive, there are better year-to-date returns out there, if you know where to look.
Today, I want to cover an investment that has nearly tripled the Nasdaq's impressive year-to-date return: the VanEck Semiconductor ETF (NASDAQ: SMH) . Let's dive right in.