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Five ETFs to Watch This Week

NEW YORK ( TheStreet) -- The first wave of first-quarter from big name companies in the semiconductor, financial, industrial and Internet sectors will play a big role for ETFs this week.

iShares S&P North American Technology-Semiconductors Index Fund (IGW)

Semiconductor companies Intel (INTC - Get Report) and Advanced Micro Devices (AMD) will both be reporting earnings this week. The two companies account for a combined 10.9% of IGW.

Since these two are in the first round of companies reporting first quarter earnings for this sector, their reports could also affect shares of other semiconductor manufacturers.

Expectations for the sector are high since semiconductor demand has been strong, and last week Samsung estimated that its own first quarter earnings will set new records based largely on the success of its chip business.

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