Bartolini also mentioned the SPDR S&P Semiconductor ETF (NYSEArca: XSD) as a possible beneficiary of upcoming electoral outcomes. While the electoral outcomes are yet to be determined, there’s no shortage of opinions on what advisors and investors should do if the current balance of power on Capitol Hill remains in place or if the majority party changes in either or both houses of Congress. Additionally, the fund’s consumer discretionary exposure is expansive, indicating that if markets perceive the election results as conducive to fighting inflation, the ETF could benefit.