5 Best Semiconductor ETFs

In this article, we discuss 5 best semiconductor ETFs. If you want to read our discussion on the semiconductor market, head over to 10 Best Semiconductor ETFs. 

5. Invesco Dynamic Semiconductors ETF (NYSE:PSI)

5 Year Performance as of August 31: 149.52%

Introduced in June 2005, Invesco Dynamic Semiconductors ETF (NYSE:PSI) tracks the Dynamic Semiconductor Intellide Index. Typically, the ETF allocates at least 90% of its total assets towards purchasing stocks that make up the index. Invesco Dynamic Semiconductors ETF (NYSE:PSI) aims to achieve a return on investment by thoroughly assessing firms using a range of criteria, such as price trends, earnings momentum, quality, management decisions, and intrinsic value. As of August 29, the ETF holds a portfolio of 32 stocks, while maintaining a total expense ratio of 0.55%. It is one of the best semiconductor ETFs to invest in. 

Analog Devices, Inc. (NASDAQ:ADI) is one of the major holdings of Invesco Dynamic Semiconductors ETF (NYSE:PSI). Analog Devices, Inc. (NASDAQ:ADI) specializes in the manufacture of integrated circuits, signal processing, and digital data solutions. According to Insider Monkey’s second quarter database, a total of 65 hedge funds were bullish on Analog Devices, Inc. (NASDAQ:ADI), as opposed to 73 hedge funds from the preceding quarter. 

Madison Investors Fund said this about Analog Devices, Inc. (NASDAQ:ADI) in its second quarter 2023 investor letter:

“The bottom five individual contributors for the quarter were U.S. Bancorp, Progressive, Analog Devices, Inc. (NASDAQ:ADI), Dollar Tree, and Danaher. Analog Devices and Danaher are both seeing end market demand moderate (in semiconductor and medical research, respectively) compared to the artificially high levels they experienced for two years due to the post-Covid chaos in supply chains. Despite these near-term dynamics, we think the longer-term outlooks remain excellent in both cases.”