Forget about the Nasdaq 100 index and consider purchasing this ETF instead.

Reported 5 months ago

The article suggests considering investing in the VanEck Semiconductor ETF (NASDAQ: SMH) instead of the Nasdaq 100 through the Invesco QQQ Trust, as semiconductors have shown remarkable performance in the tech industry, leading to higher returns. Despite a higher risk level and expense ratio, the VanEck ETF has outperformed the Invesco QQQ over the past year and ten years, with an average annual return of almost 27%. The fund's strategic investments in specific semiconductor stocks, such as Nvidia and Taiwan Semiconductor, have contributed to its success, providing investors with exposure to the growing chip industry while mitigating risks.

Source: YAHOO

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