The best Technology ETFs are looking like the way out of the recession for many investors. Today, technology is a part of nearly everyone’s lives in most parts of the world.
The Select Sector SPDR with a stock ticker of XLK is such a stock that is heading up. Its total return last year was 55.49%, as of February 28, 2010. This is a large growth fund that has a diverse investment in the technology sector. There are a total of 83 stocks for which this fund is invested in with an average of 7% turnover. The top ten hold 63.23% of the total assets. The volatility measurements for the past three years are a beta at 1.04, an R squared at 83 and a standard deviation of 22.91. This is a 4 star rated fund by Morningstar with a below average risk, but average return. The expense ratio is low at 0.21% and the average daily volume of trading is 7.1 million.
The PowerShares QQQQ is another top performer from the high tech market. This fund attempts to mirror the NASDAQ 100 index. This fund’s performance last year was at 54.61%. This is not a solely high tech fund; over 50% of its holdings are in that sector. This gives investors a chance to be diverse but still be involved with the tech sector. The volatility measurements of this fund for the past three years are a beta at 1.10, an R squared at 84 and a standard deviation of 24.20. The expense ratio is only 0.20% with an average daily trading volume of 68.9million shares. This is a three star rated fund from Morningstar that is viewed as above average risk but high returns.
These two are the best Technology ETFs at the moment. The market does change, but the trend for these and other technology stocks in going up and ETF investing is becoming popular.
For additional resources about ETF on this website, please view Best S&P 500 ETF Funds , Health Care ETF Investing and Best Fixed Income ETFs
If you would like to compare these funds to one of Vanguards than please try Vanguard FTSE All-World ex-US ETF on our sister site www.bestmutualfundsnow.com and Best Asia ETFs on stockmarketinvestingblog.com.
We strive to bring you the latest and most accurate data possible from the home sites of the investment institutions we name. Always remember the bigger the risk, the larger the reward or loss. Invest with caution.
No related posts.
Related posts brought to you by Yet Another Related Posts Plugin.
{ 2 trackbacks }
{ 0 comments… add one now }