5 Best Semiconductor ETFs

3. SPDR S&P Semiconductor ETF (NYSE:XSD)

5 Year Performance as of August 31: 170.57%

SPDR S&P Semiconductor ETF (NYSE:XSD) was launched in January 2006, with the objective of achieving investment outcomes that generally match the overall performance of the S&P Semiconductor Select Industry Index. As of August 29, SPDR S&P Semiconductor ETF (NYSE:XSD) holds a portfolio of 38 stocks, with total assets under management of $1.54 billion. The fund features an expense ratio of 0.35%. SPDR S&P Semiconductor ETF (NYSE:XSD) is one of the best semiconductor ETFs to monitor. 

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) is the largest holding of the SPDR S&P Semiconductor ETF (NYSE:XSD). MACOM Technology Solutions Holdings, Inc. (MTSI) is a global provider of analog semiconductor solutions, for wired and wireless applications. On August 3, the company announced its financial results for its fiscal third quarter ended June 30, 2023. The revenue came in at $148.5 million, along with a non-GAAP EPS of $0.54. While the revenue exceeded estimates by $1.14 million, the EPS was in line with the market consensus.

According to Insider Monkey’s second quarter database, 17 hedge funds were bullish on MACOM Technology Solutions Holdings, Inc. (MTSI). In comparison, 13 hedge funds had invested in the company during the past quarter. 

Artisan Partners said this about MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)  in its Q3 2022 investor letter:

“MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) designs and manufactures high performance silicon and compound semiconductor analog/mixed signal chips used in the aerospace and defense, industrial, telecommunication and data center end markets. The company is led by a relatively new management team taking steps to accelerate topline growth and expand margins. The leadership team’s strategy is to addresses smaller, long-duration product cycle markets in which it can provide a differentiated offering, especially in compound semis such as GaAs, Al-GaAs, InP and GaN-on-SiC, using its design expertise and its US-trusted foundry / Department of Defense approved status. Rolling out several new, higher margin products and expanding into adjacent end markets such as auto and consumer should drive a compelling profit cycle in the periods ahead.”