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7 Best Semiconductor ETFs To Buy In 2024

For a moment on June 18, the S&P 500 and Nasdaq-100 indexes had a new top holding: Nvidia Corp. (ticker: NVDA). Before paring back some gains later in the week, shares of Nvidia briefly surpassed $135 per share, giving the company a market capitalization of more than $3.3 trillion.

That being said, retail investors may not find it prudent to go all-in on Nvidia. Diversifying within the semiconductor space can reduce risk and provide exposure to a broader range of opportunities. Some of the other companies worth considering in this space include Broadcom Inc. (AVGO), Advanced Micro Devices Inc. (AMD), Micron Technology Inc. (MU), Qualcomm Inc. (QCOM), Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) and ASML Holdings NV (ASML).

Therefore, the easiest way to quickly obtain exposure to Nvidia and these additional stocks in a single ticker is via a semiconductor exchange-traded fund (ETF). Here are seven of the best semiconductor ETFs to buy today.

This post originally appeared at U.S. News & World Report.