This Unstoppable ETF Is Down 12% From Its High -- and History Says Now Is a Smart Time to Invest

The VanEck Semiconductor ETF (SMH) has declined 12% from its June high but maintains exceptional long-term performance with 88% returns over the past year and 29% annualized returns since inception. Despite short-term volatility, the ETF's historical track record suggests current dips present buying opportunities for long-term investors, though diversification is recommended due to its concentrated semiconductor sector exposure.