Is State Street SPDR S&P Semiconductor ETF (XSD) a Strong ETF Right Now?

XSD, a semiconductor-focused ETF with $3.08 billion in assets, has delivered strong performance with 64.99% gains year-to-date and 67.94% over the past year. However, it carries high risk with a beta of 2.01 and 41.02% standard deviation. The fund offers low expenses at 0.35% and tracks a modified equal-weight semiconductor index with 48 holdings concentrated in technology.