5 Best Semiconductor ETFs

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

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

5-year Share Price Performance as of March 13: 192.21%

SPDR S&P Semiconductor ETF (NYSE:XSD) aims to replicate the total return performance of the S&P Semiconductor Select Industry Index. It provides exposure to the semiconductor segment of the S&P Total Market Index by tracking a modified equal weighted index, offering diversified industry exposure across large, mid, and small-cap stocks. Established on January 31, 2006, SPDR S&P Semiconductor ETF (NYSE:XSD) has an expense ratio of 0.35% and holds a portfolio of 39 stocks as of March 13, 2024. It is one of the best semiconductor ETFs to buy. 

Impinj, Inc. (NASDAQ:PI) is one of the largest holdings of SPDR S&P Semiconductor ETF (NYSE:XSD). The company operates a cloud connectivity platform globally, connecting items wirelessly and providing data to business and consumer applications. On February 8, Impinj, Inc. (NASDAQ:PI) reported a Q4 non-GAAP EPS of $0.09 and a revenue of $70.7 million, outperforming Wall Street estimates by $0.08 and $1.07 million, respectively. 

According to Insider Monkey’s fourth quarter database, 16 hedge funds were bullish on Impinj, Inc. (NASDAQ:PI), compared to 24 in the prior quarter. Israel Englander’s Millennium Management is the leading stakeholder of the company, with 493,809 shares worth $44.45 million. 

Wasatch Micro Cap Value Strategy stated the following regarding Impinj, Inc. (NASDAQ:PI) in its fourth quarter 2023 investor letter:

“Another strong contributor was Impinj, Inc. (NASDAQ:PI). The company, a pioneer in helping develop the “Internet of Things,” provides an infrastructure by which everyday things—such as car parts and even shipping containers— communicate over the internet. Impinj deploys wireless inventory management and tracking platforms for customers in retail, manufacturing, health care and other areas. The company also provides tiny radio-frequency identification chips to connect, count and track individual items. Earlier in the year, the stock fell due to a slowdown in platform deployments and chip orders. The slowdown occurred because customers had previously obtained extra inventory based on fears over Covid-related supply-chain disruptions. However, the stock rebounded after a report of solid third-quarter revenues and profitability that exceeded expectations. Moreover, management expressed optimism that Impinj’s long-term business opportunities remain intact.”