April was a historic month for Microchips Fund (SMH). The fund gained an impressive 32.2% in April alone, marking its strongest monthly performance ever. As of May 8, 2026, the fund’s trailing returns stand at +57.32%year-to-date, making it one of the standout performers in the market.  So, what’s driving this momentum? Several major semiconductor companies posted strong earnings last month. Taiwan Semiconductor Manufacturing Company reported revenue growth of 40% and net income up nearly...

Last week was a massive one for the tech world, and if you’ve been watching the markets, you probably noticed a lot of green. U.S. chip stocks reached record highs on Friday. This was largely driven by a very positive outlook from Intel, which reminded everyone that the massive build-out of Artificial Intelligence (AI) infrastructure is still going strong.  What happened last week? The Microchips Fund (SMH ETF), which tracks leading semiconductor companies, rose 5.1% on Friday, April 24,...

When it comes to long-term investing, tuning out the daily market noise is half the battle. You don't need to chase every viral trend to build lasting wealth. The real path to growth is usually simpler than it looks: find an industry shaping the global future, hold it through a diversified fund, and step back to let compounding do the work. The Machine Learning Fund (the Defiance Quantum ETF) is a clear example of this quiet approach. Imagine you had put USD 1,000 into this advanced-computing...