Networking ETF Leads Tech Related ETFs Since Late August

The PerfChart below shows five tech-relate ETFs along with the S&P 500 and the Nasdaq 100 ETF (QQQQ). All are up sharply since late August, but three are up more than 40%. The Networking iShares (IGN) is up some 48.4%, the Semiconductor HOLDRS (SMH) is up 45.41% and the Internet FirstTrust ETF (FDN) is up 40.11%. Looks like the future network needs are being priced in quite quick.  

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