Several U.S.-focused ETFs have posted strong gains over the past year, driven by reshoring, artificial intelligence, and defense spending. The First Trust RBA American Industrial Renaissance ETF is up 55% and the State Street Industrial Select Sector SPDR ETF has gained about 24%, reflecting momentum in American manufacturing. In semiconductors, the iShares Semiconductor ETF has surged about 147% while the VanEck Semiconductor ETF has jumped about 120%, fueled by AI infrastructure investment. The iShares U.S. Aerospace & Defense ETF has risen about 30%, supported by higher military budgets and next-generation technology spending.