Previous Close | 65.82 |
Open | 65.27 |
Bid | 65.27 x 1200 |
Ask | 66.42 x 1200 |
Day's Range | 65.27 - 66.84 |
52 Week Range | 44.95 - 68.59 |
Volume | |
Avg. Volume | 377,509 |
Net Assets | 1.05B |
NAV | 65.69 |
PE Ratio (TTM) | 18.70 |
Yield | 0.75% |
YTD Daily Total Return | 23.97% |
Beta (5Y Monthly) | 1.34 |
Expense Ratio (net) | 0.60% |
Inception Date | 2016-09-20 |
Sector ETF report for FTXL
Apple and Broadcom recently entered into a partnership to collab on the development of 5G radio frequency components within the United States. Take a look into how the multi-billion dollar deal affects ETFs with exposure to Broadcom.
Intel suffered its largest-ever quarterly loss amid cooling demand for its chips used in personal computers. However, the world's largest chipmaker beat both the top and bottom lines.
The semiconductor stocks and ETFs have been rising ahead of Q1 earnings on growing optimism that a sales downturn in the industry has reached its lowest point due to a surge in artificial intelligence (AI) technology.
Smart Beta ETF report for FTXL
Mixed quarterly results from well-known players slowed down the rally in the sector lately.
Intel missed estimates for both earnings and revenues and offered a weak outlook for 2023, citing cooling demand for its chips used in personal computers.
The Philadelphia Semiconductor Index gained more than 30% from a two-year low in mid-October, outperforming the tech-heavy Nasdaq 100 Index, which added about 10% in the same period.
The semiconductor space saw brutal trading on Aug 9, on concerns that the industry might be heading into the worst downturn in at least a decade. However, the outlook looks promising provided the CHIPS and Science Act is signed into law by President Joe Biden.
Intel missed estimates for both earnings and revenues and slashed the outlook for the fiscal year, citing cooling demand for its chips used in personal computers.
A bipartisan bill to boost U.S. semiconductor manufacturing and bolster U.S. competitiveness with China has been okayed in a Senate vote.
Some well-known players in the space like Intel (INTC), Qualcomm (QCOM), NVIDIA (NVDA) and Advanced Micro Devices (AMD) will report earnings in the coming days.
In this piece we will take a look at the top ten semiconductor ETFs to buy in 2022. If you want to jump ahead to the top five ETFs in this list, then head on over to Top 5 Semiconductor ETFs to Buy in 2022. The semiconductor industry is the backbone of the technology sector […]
The semiconductor industry continues to be strong as it witnesses rising sales despite the supply-chain challenges.
Tech stocks have been massively hurt this year due to the Fed policy tightening. But stagflation and the chances of flattening yield curve, cheaper valuation, sector's less responsiveness to inflation should cause a rebound in tech ETFs ahead.