Historical note: compiled on October 4, 2026; the observation cutoff is the date in this article (2026-08-03, New York close).
At the August 3 New York close, SPY gained about 1.4% and QQQ 1.8%, ahead of semiconductor ETF SMH’s 0.9%. Nvidia rose roughly 2.9%, still stronger than all three baskets, while Micron added 0.8%. The first trading day of August supported the AI leader without putting the chip basket in the lead.
QQQ includes large technology companies outside semiconductors; SPY covers a broader universe, while SMH focuses on chips. Different constituents and weights shape these returns. Their ranking does not separate sector contributions or establish that smaller companies joined in, money shifted across industries, or buying would persist.
Sources: Yahoo Finance historical daily prices SPY, QQQ, SMH, NVDA, MU; SMH fund scope. Market data refer to the 2026-08-03 New York close; daily changes compare adjacent trading sessions in the retrieved close series. The vendor’s adjustment rules have not been independently verified; investor total returns were not calculated. Mechanism interpretations are research judgments. Personal research and opinion for information only; not investment advice.
NVDA and MU are mentioned solely as research subjects, not as KSINQ recommendations to buy, sell or hold them. The cited price changes reflect past performance and do not predict future results.