After recent market declines, JPMorgan strategist Nikolaos Panigirtzoglou notes that hedge funds have significantly lowered their equity exposure, especially in semiconductor stocks. This reduction suggests the downside risk in the stock market is now limited. The close link between semiconductor stock performance and hedge fund risk appetite highlights the importance of this sector in gauging market trends. Investors may see more stability ahead as risk capital deployment normalizes.
The VanEck Semiconductor ETF (SMH) is trading at USD 538.00 with a 1-day decline of 3.33% as of Oct 22, 2026 16:21 WIB on Pluang. This aligns with the article's focus on semiconductor stocks and hedge fund risk appetite. Despite the recent drop, the ETF's market cap remains substantial at $66.62 billion, and investor interest is strong with 82% buy orders, suggesting ongoing confidence in the sector's potential stabilization.
The VanEck Semiconductor ETF (SMH) is at a critical technical support level, with the upcoming Bank of Korea rate decision expected to influence its next major move. Strength in the Korean won and capital repatriation have pressured the KOSPI and the...
Invesco's semiconductor ETF (SOXQ) returned 67.69% over the past year, beating the popular VanEck's SMH fund, which returned 61.32%. However, over a five-year period, SMH outperformed SOXQ significantly, with returns of 333.41% versus 256.91%. The di...
Last week, the semiconductor ETF SMH closed down for its longest streak in 25 years, signaling potential broader market weakness. Despite this, bond prices (TLT) rose, possibly indicating a temporary bottom as earnings season begins. Inflation report...
The VanEck Semiconductor ETF (SMH) dropped nearly 10% due to a rotation of capital from AI and tech stocks into sectors like Financials and Energy amid worsening liquidity and macroeconomic challenges. The portfolio manager reduced cash holdings from...
