Top 5 Semiconductor ETFs to Buy in 2022

1. VanEck Semiconductor ETF (NASDAQ:SMH)

VanEck Semiconductor ETF (NASDAQ:SMH) is managed by Van Eck Associates. It consists of 25 companies that provide it with an asset value of $6.2 billion. The fund tracks both American companies and foreign firms that have their shares traded on U.S. stock markets. It aims at tracking the performance of highly liquid firms and those that are the leading players in their market. The VanEck Semiconductor ETF (NASDAQ:SMH)’s 30 day SEC yield is 1%.

This ETF is also one of the few that has concentrated a big chunk of its holdings into the American depository receipts (ADRs) of the Taiwan Semiconductor Manufacturing Company (NYSE:TSM). This company is the world’s largest contract manufacturer of semiconductors and it is the sole supplier to Apple, Inc. (NASDAQ:AAPL) for the company’s processors. The Taiwan Semiconductor Manufacturing Company (NYSE:TSM) is also racing to mass produce the 3-nanometer semiconductor manufacturing technology, which is the world’s most advanced chip manufacturing process according to some observers.

As the first quarter of 2022 came to an end, 81 of the 912 hedge funds tracked by Insider Monkey had held a stake in the Taiwanese chipmaker. Out of these, Ken Fisher’s Fisher Asset Management was the largest investor since it owned 26 million shares that are worth $2.7 billion.

Disclosure: None. You can also take a look at 15 Best Momentum Stocks To Invest In and Jim Cramer Recommends These 10 Stocks for Recession.

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