3 BlackRock ETFs Beating the S&P 500 in 2026

Wall Street cooled off on Friday after an extended rally carried stocks to record territory once again. The S&P 500 (SPX) fell 1.24% as investors reacted to surging Treasury yields alongside another jump in oil prices, developments that raised concerns inflation progress could become less predictable during coming months.

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)

The iShares Semiconductor ETF (SOXX) tracks the NYSE Semiconductor Index, offering investors a way to invest across the U.S. semiconductor industry through a single fund. The ETF holds companies involved in designing, manufacturing, and distributing semiconductor chips, making it one of the most widely followed semiconductor-focused funds on the market. SOXX carries an expense ratio of 0.34%.

This year, SOXX has gained a whooping 69%, driven by explosive growth across the AI and semiconductor industries. Strong demand for AI accelerators, memory chips, and advanced computing infrastructure has helped semiconductor companies become some of the market’s best-performing stocks during that period.

In terms of holdings, SOXX currently holds 30 semiconductor-related stocks with total assets worth nearly $33 billion. Its top five holdings are Micron Technology (MU) with a 9.97% weighting, Advanced Micro Devices (AMD) at 8.88%, Broadcom (AVGO) at 7.29%, Nvidia (NVDA) at 7.05%, and Intel (INTC) at 6.73%.

iShares Expanded Tech Sector ETF (IGM)

The iShares Expanded Tech Sector ETF (IGM) tracks the S&P North American Expanded Technology Sector Index, offering a portfolio heavily focused on some of the largest technology and internet companies in the market. Unlike many traditional tech ETFs, IGM also includes select communication services companies, giving the fund meaningful exposure to software, semiconductors, cloud computing, digital advertising, and online platform businesses. The ETF carries an expense ratio of 0.39%.

This year, IGM has gained about 21%, benefiting from strong performance across AI, semiconductors, cloud infrastructure, and mega-cap technology stocks.

IGM currently holds 287 stocks with total assets worth about $10 billion. Its top five holdings are Broadcom with an 8.76% weighting, Nvidia at 8.63%, Apple (AAPL) at 7.78%, Microsoft (MSFT) at 6.88%, and Alphabet Class A (GOOGL) at 4.91%.

iShares MSCI USA Momentum Factor ETF (MTUM)

The iShares MSCI USA Momentum Factor ETF (MTUM) is built around a simple idea – owning U.S. stocks that are already outperforming the market. The fund follows the MSCI USA Momentum SR Variant Index, which selects and weights companies based on the strength and consistency of their recent price performance. Because momentum strategies naturally shift toward market leadership areas, the ETF often becomes heavily concentrated in sectors experiencing the strongest trends at a given time. MTUM charges a relatively low 0.15% expense ratio.

The strategy has produced impressive returns in 2026, with the ETF gaining about 23% so far this year, benefiting from heavy exposure to semiconductor and technology companies tied to AI infrastructure and high-performance computing demand.

At the moment, semiconductors dominate much of the portfolio’s leadership group. Micron currently represents 7.72% of the fund, followed by Broadcom at 5.26%, Nvidia at 5.07%, Advanced Micro Devices at 4.73%, and Intel at 4.35%.