In trading on Thursday, the First Trust Nasdaq Bank ETF (NASDAQ:FTXO) is outperforming other ETFs, up about 1.7% on the day. Components of that ETF showing particular strength include shares of Texas Capital Bancshares (NASDAQ:TCBI), up about 7.2% and shares of East West Bancorp (NASDAQ:EWBC), up about 5.9% on the day.
And underperforming other ETFs today is the Semiconductor ETF (NYSE:SMH), down about 4.2% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of ON Semiconductor (NASDAQ:ON), lower by about 6.6%, and shares of Lam Research (NASDAQ:LRCX), lower by about 6.6% on the day.
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