5 Best Semiconductor ETFs

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1. GraniteShares 1.5x Long NVDA Daily ETF (NASDAQ:NVDL)

5 Year Performance as of August 31: 351.55%

Launched in December 2022, GraniteShares 1.5x Long NVDA Daily ETF (NASDAQ:NVDL) aims to achieve daily returns that are 1.5 times (150%) of the daily percentage fluctuations in the value of NVIDIA Corporation (NASDAQ:NVDA), net of fees and costs. As of August 31, the ETF operates with an expense ratio of 1.15%. GraniteShares 1.5x Long NVDA Daily ETF (NASDAQ:NVDL) is one of the best semiconductor ETFs to buy.  

Mairs & Power Growth Fund said this about NVIDIA Corporation (NASDAQ:NVDA) in its second quarter 2023 investor letter:

“Regarding stock selection in the first half, NVIDIA Corporation (NASDAQ:NVDA) was a massive outperformer, up 189.54%. Amazon and Microsoft were also positive contributors, up 55.19% and 42.66%, respectively. All three stocks benefited from a renewed interest in growth stocks by investors in the first half of the year. Nvidia is the leading provider of processors used for artificial intelligence (AI) computation for both learning and inferencing, and its stock rallied significantly on a massive earnings report in the first quarter as cloud data center companies invested heavily in AI.”

Follow Nvidia Corp (NASDAQ:NVDA)

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