The VanEck Semiconductor ETF ( NASDAQ:SMH) is one of the best-performing ETFs of the last five years and has gained 53% in the past year, beating the S&P 500. It jumped over 220% in the past five years and is exchanging hands for $378 today. As the semiconductor sector boomed, this ETF had some of its best days. It is set for another winning year and could beat the S&P 500 again.
With its rock-bottom management fees and diversification across roughly 500 stocks throughout multiple market sectors, the Vanguard S&P 500 ETF ( NYSEARCA:VOO) is often considered a gold-standard exchange traded fund (ETF). However, if you're looking to beat this S&P 500 tracking fund, there are a couple of technology-centered growth ETFs with market-beating potential. Two tech funds poised for explosive growth are the Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT) and the iShares Semiconductor ETF ( NASDAQ:SOXX).