The semiconductor sector has outperformed, with the Philadelphia Semiconductor index reaching a record high, gaining 23.7% this year.
The technology sector has been grabbing attention this year on continued artificial intelligence (AI) boom and strong corporate earnings. We have highlighted five ETFs from different industries in the tech space that are leading the way higher.
Given the bullishness, many ETFs, having a solid Zacks ETF Rank #1 (Strong Buy) or 2 (Buy), touched new 52-week high and are expected to soar further.