My rationale is that the etf is anyway profoundly overexposed to tech and that ASML and TSM can beta the market for many years.
They are down 17-18%.. so this could be a decent entry.
The 1y outlook is quite high.
Analyst report 540$ (from 404) for tsm and
$2140 (from 1624) for ASML.
My horizon for now is 3/4y, especially because afterwords some other competitors can enter full speed (like CXMT).
What is your take?
Any other suggestion?