You are much better off with buying $VanEck Semiconductor ETF(SMH)$ if you intend to buy and hold long term. SMH owns the actual underlying shares of the best semiconductor stocks like $NVIDIA(NVDA)$ $Micron Technology(MU)$ $Taiwan Semiconductor Manufacturing(TSM)$ . It has an expense ratio of 0.35% and a dividend yield of 0.20%. SMH is up 53.7% year todate. It is a buy and sleep well at night kind of ETF compared to SOXL.
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- WalterDΒ·08-12 18:03I added SMH recently too β 0.35% fee and that NVDA TSM MU core makes way more sense for sleeping at night. Only using SOXL for a bounce trade hereLikeReport