ETF Weekly Recap: Semiconductors Soared, Bitcoin and Gold Got Hit

AfraSimon
09:01

It was a week of sharp contrasts across asset classes. Semiconductor and energy ETFs led the gains, while Bitcoin and gold-related funds took a hit.

🚀 Chips ran

The semiconductor trade was back in focus, with chip-related funds dominating the winners.

⚡ Energy rallied

Energy stocks also posted solid gains, adding another pocket of strength to the market.

📉 Gold and Bitcoin sank

Bitcoin and gold-related funds were among the week's biggest losers. Gold miners fell even harder than bullion.

🌎 Across the market

  • US large caps: +2.64%

  • US small caps: +2.26%

  • International stocks: +2.33%

  • Bonds: -1.24%

Equities broadly finished higher, while bonds moved in the opposite direction.

🏆 Best-performing fund

The biggest winner on the list was $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ , up 26.86%.

That's a 3x leveraged semiconductor ETF, meaning its daily performance seeks to deliver three times the daily return of its underlying semiconductor index — and its volatility can be substantial.

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