2024-04-15 10:34:27 ET
Summary
- VanEck Semiconductor ETF has seen strong growth in 2024, outperforming the S&P 500 Index.
- ProShares Ultra Semiconductors ETF offers higher risk and reward with its leveraged approach.
- Investing in individual stocks like Nvidia Corporation may offer higher potential returns, but also higher risks.
In my April 2, 2024, Seeking Alpha article entitled "Moving Out Of QQQ And Into SMH As Magnificent 7 Shrinks," I pointed out that investors looking for an alternative investment to Invesco QQQ Trust ETF (QQQ) can consider VanEck Semiconductor ETF ( SMH ), which continues to grow strongly in 2024....
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USD: A Higher-Risk Alternative To SMH For Nvidia Bulls