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The Artificial Intelligence revolution (the Industrial Revolution 4.0) is here and chips are at the core of it. The demand for chips will grow exponentially. The tech sector and especially semiconductors will continue the explosive grows: see the Human Progress chart 05. We are on the way to total automation, technological singularity and post-scarcity economy.
This ETF is very volatile and tradable. But buying and holding it works as well, or better especially when your portfolio grows to millions and you will face issues such as liquidity and taxes. Buying and holding would give you probably about 100% of annual returns or even more: remember this is 3x leveraged security. This ETF is the best balance of aggressive-diversified security. The holdings include cream of the crop tech stocks such as Nvidia, AMD, Intel, Texas Semi, Qualcomm, Micron, etc.
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