On the 7th day of Fedmas, Janet Yellen sent to me

Janet Yellen as Santa
H. Armstrong Roberts | ClassicStock | Getty Images; Getty Images

During each of the 12 trading days before the Federal Reserve's interest rate decision on Dec. 16, CNBC Pro is highlighting a single strategy that should work if the central bank hikes rates, as many on Wall Street expect. We found these trades using Kensho, a powerful tool used by hedge funds to analyze historical market data.

In the holiday spirit, we will call this series the "Twelve Days of Fedmas." Tuesday marked the seventh day so we've added another line, "Seven SOX a Swimming."

On the seventh day of Fedmas,

Janet Yellen sent to me:

Seven SOX a swimming...

Six ETFs-a-leveraged ...


Four Lincoln Nationals ...

Three ETNs ...

Two General Motors ...

And a pair trade in Curr-en-cies!

Traders are betting big that the central bank will raise rates next week. If the Fed move sparks an increase in long-term rates, there are 12 trades and more for investors, if history is any guide.

CNBC Pro ran the numbers on Kensho and found that chip stocks, as well as ETFs linked to the Philadelphia semiconductor index, perform well under a scenario of rising long-term interest rates for U.S. markets.

Traders refer to that index as "The SOX."

We looked at all the one-month periods of significant moves higher in rates over the last decade. Here are the chip stocks and ETFs that did the best...

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