smh

Don't get fooled by the "Nasdaq 100": If you don't have this ETF in your current holdings, the AI era's profits aren't for you!

A lot of folks are saying:

VGT is like the S&P 500,

SMH is like the Nasdaq 100.

But I think that comparison is off.

A more accurate relationship would be:

VOO (S&P 500) → U.S. Economy

QQQ (Nasdaq 100) → U.S. Growth Stocks

VGT (Tech ETF) → U.S. Tech Sector

SMH (Semiconductor ETF) → The AI Shovel Sellers Alliance

Risks are rising,

Concentration is increasing,

And volatility is getting bigger.

Past year returns:

VOO: about 29%

QQQ: about 34%

VGT: about 55%

SMH: about 136%

Past 10-year annualized returns:

VOO: about 15%

QQQ: about 19%

VGT: about 25%

SMH: about 37%

If you invested $100,000 ten years ago:

VOO ≈ $800,000

QQQ ≈ $1.1 million

VGT ≈ $950,000

SMH ≈ $2.2-2.4 million

So, the real king over the past decade,

Isn't the Nasdaq 100.

It's the semiconductors.

Because in the AI era, the biggest profits

Often go to the shovel sellers,

Not the gold diggers.

Do you think SMH can keep outperforming VGT in the next 10 years?

#SMH #VGT