Semiconductors: SMH vs FSELX

[Brat]

ETF: SMH's returns are lower but it does include ASML, unfortunately it also holds INTEL.

Mutual fund: FSELX holds more NVDIA than SMH but that stock is the largest holding of both. Both hold smal % of Taiwan Semiconductor and Lam Research.

I could buy a few shaes of ASML to feed my need for that stock and buy FSELX.

What would you do?

 

[tutan]

Funds can change their holdings so if you like ASML or NVDA enough, buy them directly. The roof of the new NVIDIA corporate building looks like a lumpy stingray..bad feng shui. Just kidding.

 

[Qs Laptop]

ETF: SMH's returns are lower but it does include ASML, unfortunately it also holds INTEL.

Mutual fund: FSELX holds more NVDIA than SMH but that stock is the largest holding of both. Both hold smal % of Taiwan Semiconductor and Lam Research.

I could buy a few shaes of ASML to feed my need for that stock and buy FSELX.

What would you do?

I think your plan to invest in FSELX with a chaser of ASML is solid.

FSELX is a favorite equity sector growth fund of mine. I would not dismiss INTL as a holding. Yes, it's been terrible for years but in 2021 they rehired their CEO from their glory days, Patrick Gelsinger, and are looking for a turnaround. Expect an announcement from Intel regarding their foray into AI and the resulting jolt in stock price in the next several months or so.

I would not call FSELX's holdings in TSM (5.07% of fund) and LRCX (3.80%) small, but relative to NVDA (29.6%) it might be considered so.

 

[Qs Laptop]

I would not dismiss INTL as a holding. Yes, it's been terrible for years but in 2021 they rehired their CEO from their glory days, Patrick Gelsinger, and are looking for a turnaround.

Is it starting today?