Semiconductor exchange-traded funds (ETFs) generated the highest quarterly and 12-month returns among industry funds, according to a new study by State Street Investment Management.
The State Street Investment Management’s Industry & Thematic ETF Trends to Watch report found that semiconductor-focused ETFs were the standout performers across industry categories in the second quarter of the year, delivering returns of 86.6% during the quarter and 163.9% over the trailing 12 months. The report noted that the performance gap between the best and worst-performing industries widened significantly, reaching 100.3 percentage points in Q2, compared with 65.5 percentage p