SMH Has Crushed the S&P 500 by 2,041% Over a Decade, But Recent 42% Rally Signals Dangerous Valuations

SMH Has Crushed the S&P 500 by 2,041% Over a Decade, But Recent 42% Rally Signals Dangerous Valuations

© A9 STUDIO / Shutterstock.com Few sector ETFs have rewarded persistence like semiconductors. VanEck Semiconductor ETF (NYSEARCA:SMH | SMH Price Prediction) trades close to $510 after returning roughly 141% over the final yr in opposition to the S&P 500’s 29%. That hole is the complete motive this fund exists in a portfolio: it concentrates publicity…

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