|Bid||42.31 x 1200|
|Ask||42.52 x 1000|
|Day's Range||41.91 - 43.14|
|52 Week Range||28.71 - 44.53|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||4.25%|
|Beta (5Y Monthly)||1.62|
|Expense Ratio (net)||0.60%|
As most companies in this space have seen no negative earnings estimate revisions and have a favorable Zacks Rank, semiconductor ETFs might continue to see smooth trading in the weeks ahead.
The technology sector has been the best-performing sector of 2019 and is heading toward having its best year in a decade driven by chipmakers.
Despite occasional trade tensions, U.S. equity gauges have added solid gains this year. But these sector ETFs handily beat the soaring broader market.
Here is a look at the 25 best and 25 worst ETFs from the past trading month. Traders can use this list to find prospective candidates that have deviated too far from their longer-term trends, thereby serving as potential starting points for those looking to take on either short or long positions. Likewise, traders can also use this list to spot potential trend reversal opportunities that may offer a generous risk/reward. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
The fourth quarter brings strong gains for Wall Street buoyed by easing U.S.-China trade worries, stronger-than-expected corporate earnings and Fed's third rate cut.
October has been kind to the U.S. stock market thanks to U.S.-China trade progress, better-than-expected corporate earnings and a third Fed rate cut.
Texas Instruments' weak revenue guidance hurt semiconductor ETFs lately. But, rebounding smartphone sales, greater spending on technology, holiday deals and likely U.S.-China trade truce bode well.
As most companies in this space have seen no negative earnings estimate revisions, semiconductor ETFs might continue to see smooth trading in the weeks ahead.
A few sector ETFs have outperformed the market. We have highlighted five such ETFs that have raked in substantial gains in September and could be better plays if the trend prevails.
Renewed U.S.-China trade tensions, hawkish rate outlook by the Fed and some downbeat earnings releases may lead semiconductor ETFs to slump in the near term.