Monthly $500 investments in SMH since 2016 grew to $495,000
Monthly investments of $500 in the VanEck Semiconductor ETF since June 2016 have grown to approximately $495,000.
The ETF’s price has seen a 2,269% gain over the past decade, with the total contributions amounting to $60,500.
The fund’s performance is attributed to its market-cap weighting, which favors winning names in the sector.
The ETF holds 25 stocks, including those involved in the AI capex food chain, and has seen significant growth since its inception.