SMH/LIT/ILF/IWM/FYC/VGK/VXUS/XSMO ETF Highs/Tactical
Key Questions
Which ETFs are outperforming amid US market rotations?
SMH, LIT, ILF, IWM, FYC, VGK, VXUS, and XSMO are showing strength as rotations shift from US large-caps to EM, commodities, oil, and global momentum plays. Small-caps and international ETFs are gaining traction beyond the Mag7.
What pressures are affecting SMH despite its prior highs?
SMH is now under severe pressure with a -19% MTD decline, though rotations into other ETFs like those tied to oil and data centers continue. Semis weakness may test the broader market rally.
What non-AI trades are highlighted as rotation opportunities?
Goldman Sachs points to consumer experience, compounders, and M&A targets as key non-AI rotation plays. LaDuc confirms ongoing shifts into oil, data centers, and internationals amid critical minerals and AI-style small-caps.
SMH#1/LIT/ILF/IWM/FYC/VGK/VXUS/XSMO intl ETFs outperforming amid US topping rotations dispersion to EM commodities oil nickel silver/gold breakout global momentum beyond Mag7 critical minerals AI-style small-caps. SMH now under severe pressure (-19% MTD) but rotation into other ETFs continues. LaDuc confirms rotation into oil/data centers/internationals. Latest: semis weakness may test broader market rally; KOSDAQ crushed, BOK rate hike pressures Korean exporters. Treasury liquidity drain may impact small caps (IWM). Goldman Sachs highlights 3 non-AI trades (consumer experience, compounders, M&A targets) as rotation plays.