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Check Out These 5 Unusual Tech ETFs

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Fri, Aug 2, 2024 04:31 PM

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Proprietary Data Insights Financial Pros? Top Alternative Tech ETF Searches in the Last Month Rank

[View in browser]( [The Spill Logo] BROUGHT TO YOU BY: [Logo]( Proprietary Data Insights Financial Pros’ Top Alternative Tech ETF Searches in the Last Month Rank Ticker Name Searches #1 [IGV]( iShares Expanded Tech-Software Sector ETF 8 #2 [SKYY]( First Trust ISE Cloud Computing Index Fund 2 #3 [TDIV]( First Trust NASDAQ Technology Dividend Index Fund 2 #4 [CIBR]( First Trust NASDAQ CEA Cybersecurity ETF 2 #5 [HACK]( ETFMG Prime Cyber Security ETF 1 #ad [Adding Color to the Investment Spectrum]( Brought to you by [Datalign Advisory]( [Secure Your Finances, Regardless of Election Outcomes]( [Datalign Advisory - Secure Your Finances, Regardless of Election Outcomes]( Navigate the uncertain waters of the upcoming election with confidence. Our expert-driven questionnaire, backed by years of financial expertise, delivers personalized insights tailored to your unique goals. [Secure your financial future today at datalignadvisory.com]( Experts Top 5 Tech ETF Alternatives to the QQQ Technology stocks have had a tough run lately giving way to some serious declines. That sent the Nasdaq 100 almost 10% at its worst. Yet, other tech ETFs are fairing much better. We wanted to look at some alternative tech ETFs to see how else we could invest in this key economic sector. Turning to our TrackStar data, we pulled out the top searches by financial pros over the last month. And at the top of that list was the iShares Expanded Tech-Software Sector ETF (IGV). Key Facts About IGV - Net assets: $6.69 billion - 12-month trailing yield: N/A - Inception: July 10, 2001 - Expense ratio: 0.41% - Number of holdings: 115 Over the last decade, software startups have been a dime a dozen. You couldn’t walk five feet in Silicon Valley without tripping over one. The appeal is obvious - scalability. For an upfront investment of time and resources you can become a billionaire. Look at the founders of Stripe. The iShares Expanded Tech-Software ETF invests in U.S. software companies. This includes interactive home entertainment to services industries. Many of the top names you’ll be familiar with. But once you get past them, you’ll find fewer you may recognize. [Market value] Source: iShares Software isn’t a monolithic industry. As such, the fund breaks down into the various subcategories listed below. [Funds] Source: iShares Performance Software stocks have done remarkably well. However, this ETF’s performance lags the QQQ by an average of 8% annually. [Returns] Source: iShares A big reason for that - those pesky non-software companies like Nvidia and Tesla. Competition If you’re looking for other ways to invest in the tech sector, here are some interesting alternatives from our pros top searches. - First Trust ISE Cloud Computing Index Fund (SKYY): Invests in companies involved in cloud computing and weights holdings by a modified equal-weight methodology - First Trust NASDAQ Technology Dividend Index Fund (TDIV): Holds tech companies with dividends and uses a modified market-capitalization weighting. - First Trust NASDAQ CEA Cybersecurity ETF (CIBR): A cybersecurity ETF that uses a modified market cap weighting. - ETFMG Prime Cyber Security ETF (HACK): Same concept as CIBR, except HACK uses an equal weighting methodology. [Assets] What’s fascinating is that the tech dividend fund showed the best performance. Yet, its 5-year returns are trounced by the Nasdaq 100’s 143% gains over the same period. [Three Overlooked AI Stocks Set to Soar]( Your Second Chance to Profit from AI If you missed out on Nvidia, don't worry. A 244-year-old pattern is about to trigger a $25.6 trillion AI surge... …That could send three overlooked stocks soaring 1,000%+7 [Get my new research on all three plays right now.]([Ad] Our Opinion 10/10 While the IGV’s performance isn’t nearly as high as other tech ETFs, it does exactly what it claims at a reasonable cost. You get a diverse 115-stock market-cap-weighted holding focused only on U.S. companies. And unlike the other ETFs on this list, the IGV has ample liquidity. [-facebook-share]( [-twitter-share]( [-linkedin-share]( [-email-share](mailto:?body= https%3A%2F%2Finvestingchannel.com%2F%3Fp%3D623847?utm_medium=ic-nl&utm_source=120990 ) News & Insights Just Spilled - [How AMD is Taking on Nvidia and Winning]( - [Master the Art of Investing with The Juice!]( - [Why McDonald’s (MCD) Makes a Great Long-Term Play]( - [Is Bristol Myers Squibb (BMY) a Value Trap?]( [News & Insights-facebook-share]( [News & Insights-twitter-share]( [News & Insights-linkedin-share]( [News & Insights-email-share](mailto:?body= https%3A%2F%2Finvestingchannel.com%2F%3Fp%3D623847?utm_medium=ic-nl&utm_source=120990 ) [We want to hear from you. Let us know your thoughts by clicking here]( [Ads] [InvestingChannel Logo](#) Follow us on: [Facebook Logo]( [LinkedIn Logo]( [Twitter Logo]( [Instagram Logo]( To ensure delivery of all emails, [allow us on your list](. Manage your subscriptions with our [preference center](. [Unsubscribe here.]( View our privacy policy [here](. Copyright ©2024 InvestingChannel. All rights reserved. 1325 Avenue of the Americas, Floor 27 & 28 New York, New York 10019 Disclaimer: This is not investment advice. This InvestingChannel, Inc., newsletter is for information purposes only and is based on opinion. Futures, forex, stock, and options trading are not appropriate for all investors. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or eliminate losses. InvestingChannel, Inc., makes no representation or implication that using any of the methodologies or systems in this newsletter will generate returns or insure against losses. Investors should be cautious about any and all investments and are advised to conduct their own due diligence prior to making any investment decisions. [Link](

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