- With 5G continuously gaining traction, ETF issuers have a tendency to associate ETF names with the technology.
- This is not the case for SOXX though despite concrete exposure to fifth generation wireless technology as well as AI.
- A realistic examination of growth opportunities is needed in view of the change in tenant at the White House and with COVID still around.
- Despite exhibiting higher volatility, SOXX has outperformed peers.
- Taking into consideration the growth rate estimates for the semis industry and subtracting for some supply-chain overheads, an upside of $190-200 can be envisaged for this year.
For further details see:
iShares PHLX SOX Semiconductor Sector Index ETF: Out-Performing 5G ETFs