Top 5 Semiconductor ETFs to Buy in 2022

4. Invesco Dynamic Semiconductors ETF (NYSE:PSI)

The Invesco Dynamic Semiconductors ETF (NYSE:PSI) aims to invest 90% of its assets into the Dynamic Semiconductor Intellidex Index, which is a list of U.S. stocks that have been gauged through a proprietary calculation to have good capital appreciation. The ETF consists of 30 U.S. chip companies that have been evaluated through their earnings and price momentum, management strengths, and other metrics. It has a market value of $522 million as of July 2022.

The largest component firm of the Invesco Dynamic Semiconductors ETF (NYSE:PSI) is the San Diego, California semiconductor designer QUALCOMM Incorporated (NASDAQ:QCOM). QUALCOMM is the world’s largest supplier of smartphone processors, with its products powering the bulk of devices running Android. Additionally, the firm is also developing products for connected automobiles and the Internet of Things (IoT) devices.

Out of the 912 hedge funds part of Insider Monkey’s Q1 2022 survey, 73 had invested in QUALCOMM Incorporated (NASDAQ:QCOM). Panayotis Takis Sparaggis’s Alkeon Capital Management is the company’s largest shareholder with a $626 million stake courtesy of 4 million shares.