Semiconductor & Travel ETFs are this week’s Top ETFs

This week, Semiconductor ETFs, Leisure and Travel ETFs, and Cryptocurrency ETFs make it to the top ETF list in Europe and North America. Below we explain why these ETFs made it to the top for the week of October 18 to October 22, 2021.

Corporate earnings and White House's legislation push, lift Semiconductor ETFs

Semiconductor ETFs were among the top-performing ETFs last week. Highlighting the list are Invesco Dynamic Semiconductors ETF or PSI (+9.72%), First Trust Nasdaq Semiconductor ETF or FTXL (+9.24%), and VanEck Vectors Semiconductor UCITS ETF or VVSM (+8.50%).

The trend is linked to multiple factors, including the ongoing global chip shortages and better-than-expected results from main chip players like ON Semiconductor (Nasdaq: ON) and Alpha and Omega Semiconductor (Nasdaq: AOSL). In addition to that, the White House pressed Congress to pass legislation that would provide $52 billion to help computer chip manufacturers dodge additional shortages.

Positive economic and health updates boost travel, leisure, and U.S. small cap stocks

Travel and leisure stocks inched higher last week after data showed strong U.S. jobs growth in October and Pfizer's COVID-19 pill update.

U.S. employment increased more than expected last month as the Labor Department's report revealed, COVID-19 infections over the summer subsided, providing optimism going into the fourth quarter. Pfizer's experimental antiviral pill for COVID-19 showed it reduced by 89% the chances of hospitalization or death for adults at risk of developing severe symptoms.

Strong employment numbers and subsiding health risks were a good combo for the travel and leisure stocks and lifted related ETFs subsequently, including HANetf U.S. Global Jets UCITS ETF, U.S. Global Jets ETF and HANetf Airlines, Hotels and Cruise Lines UCITS ETF, which gained +10.37%, +10.25%, and +7.41% respectively.

The positive updates, along with better-than-expected results also pumped U.S. small cap stocks, which earnings tend to be more sensitive to changes in economic growth. Related ETFs joined the top ranks, including Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap 600 UCITS ETF (USML), and iShares S&P SmallCap 600 UCITS ETF (ISP6), gaining +9.23%, +6.51%, and +6.51% respectively.

Top 10 ETFs of the week

Europe

• HANetf U.S. Global Jets UCITS ETF: +10.37%
• VanEck Vectors Semiconductor UCITS ETF (VVSM): +8.50%
• VanEck Vectors Digital Assets Equity UCITS ETF (DAVV): +7.74%
• Melanion BTC Equities Universe UCITS ETF: +7.55%
• HANetf Airlines, Hotels and Cruise Lines UCITS ETF: +7.41%
• iShares MSCI Global Semiconductors UCITS ETF (SEMI): +7.39%
• Invesco S&P SmallCap 600 UCITS ETF (USML): +6.51%
• iShares S&P SmallCap 600 UCITS ETF (ISP6): +6.51%
• Invesco Elwood Global Blockchain UCITS ETF (BCHN): +6.43%
• Amundi Russell 2000 UCITS ETF: +6.35%

Americas

• Simplify Volt RoboCar Disruption and Tech ETF (VCAR): +17.67%
• Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF (RIGZ): +12.90%
• Bitwise Crypto Industry Innovators ETF (BITQ): +11.46%
• Emles Alpha Opportunities ETF (EOPS): +10.86%
• U.S. Global Jets ETF: +10.25%
• iShares North American Tech-Multimedia Networking ETF (ISQ6): +10.23%
• Invesco Dynamic Semiconductors ETF (PSI): +9.72%
• ProShares K-1 Free Crude Oil Strategy ETF (OILK): +9.24%
• First Trust Nasdaq Semiconductor ETF (FTXL): +9.24%
• Pacer US Small Cap Cash Cows 100 ETF (CALF): +9.23%

Top 10 Cryptocurrency ETFs of the week

• VanEck Vectors Polkadot ETN: +21.98%
• 21Shares Polkadot ETP: +20.06%
• VanEck Vectors Solana ETN: +18.86%
• 21Shares Binance Coin ETP: +17.40%
• VanEck Vectors TRON ETN: +8.40%
• 21Shares Ripple XRP ETP: +7.51%
• CoinShares Physical XRP: +7.45%
• 21Shares Crypto Basket Equal Weight ETP: +5.38%
• 21Shares Tezos ETP: +4.27%
• VanEck Vectors Ethereum ETN: +4.21%

KEEP READING:

• Top ESG ETFs of the Week: Clean Crypto Mining ETFs
• Drive Gains with Electric Vehicle ETFs
• ETFs in play after COP26 Summit
• Wall Street closes at new highs on earnings cheer and strong jobs report
• World Investment Forum - International Sustainable Funds Conference

INTERESTED IN SEEING LISTS OF TOP-PERFORMING ETFS? CHECK OUT OUR NEW INVESTING GUIDES:

• Investing in Gold ETFs
• Investing in Silver ETFs
• Investing in Commodity ETFs
• Investing in Oil ETFs
• Investing in ESG ETFs

FIND AND COMPARE OVER 7,000 ETFS WITH OUR FREE TOOLS:

• ETF Screener
• ESG Investing
• Thematic Investing
• Download the 2021 Trackinsight Global ETF Survey