THE S&P 500 VS SEMICONDUCTORS
This is how SMH has performed so far this year vs the S&P 500
Currently SMH is up by 28.8% 🟢 so far in 2026 while the S&P 500 is up by 8.7% 🟢
SMH was up more than 60% for a while this year but has gotten hit hard by this last pull back
Even with this last move semiconductors are still outperforming the broader S&P 500 by more than 3x
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