SOXS - Semiconductor ETFs see record inflows despite down year
Semiconductor exchange traded funds have dropped like a stone in 2022 but that has not stopped the investment community from pouring billions of net new capital into the market segment. According to Bloomberg data, semiconductor ETFs have amassed $6.8B of investor inflows since the start of the year. This figure surpassed the flows of all of 2021, which totaled $5.2B. The amount so far in 2022 has also topped all of 2020’s inflows of $2.1B as well. The VanEck Semiconductor ETF (NASDAQ:SMH) is just one of the multiple semi funds that have seen an explosion of financial flows. Despite being down 21.6% YTD, SMH has garnered $2.38B in 2022 nearly doubling its 2021 flows of $1.33B through just three and a half months of trading. Moreover, the two leveraged semiconductor ETFs Direxion Daily Semiconductor Bull 3x Shares (NYSEARCA:SOXL) and Direxion Daily Semiconductor Bear 3x Shares (SOXS) experienced notable flow results that suggest
For further details see:
Semiconductor ETFs see record inflows despite down year