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Still, the broader market picture remains resilient despite Friday’s decline. The S&P 500 continues trading ~8% higher year-to-date after recovering strongly from its spring pullback, supported by resilient corporate earnings and continued strength across large-cap technology companies.

At the same time, the broader index itself has not necessarily delivered the market’s best returns this year, with several ETFs outperforming the S&P 500 by a meaningful margin. Using TipRanks’ Best Blackrock ETFs tool, we pinpointed iShares Semiconductor ETF (SOXX), iShares Expanded Tech Sector ETF (IGM), and iShares MSCI USA Momentum Factor ETF (MTUM).

Here’s a closer look at those ETFs.

iShares Semiconductor ETF (SOXX)