Published on 19 Jun 2024 on Motley Fool · via Yahoo Finance
VanEck Semiconductor ETF Is Riskier Than You Think
There shouldn't be any question about the investment objective of VanEck Semiconductor ETF (NASDAQ: SMH). As its name clearly states, it invests in the semiconductor sector. So, by design, it isn't a particularly diversified exchange-traded fund (ETF), and that creates investment risk to factor into any buying decision.
But don't stop there -- there's one more diversification issue that you have to consider.
What does VanEck Semiconductor ETF do?