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Get Heavy Apple Exposure With These ETF’s (QLD, IYW, QQQQ)

June 24th, 2009

apple-computerWith Steve Jobs back in the office after his liver transplant, Apple investors have something to cheer about again.   The PDA market continues to grow and the Apple iPhone continues to dominate and make headlines in that market.  If you like Apple but don’t want to put all your eggs in one basket, we have some tech heavy ETF’s that have great Apple exposure. 

Don Dion from TheStreet.com reports “QQQQ, QLD, and IYW all have heavy investments in Apple, which comprises 13.34%, 13.34% and 8.01% of their portfolios respectively. Apple has performed well in 2009, and as Steve Jobs returns to his desk and the iPhone continues to gain popularity, high stakes in this technology company could continue to propel QQQQ, QLD and IYW upward. ”

“Which Apple-heavy product is right for your portfolio? QQQQ is a good basic ETF investment that has jumped 18.29% year-to-date. This tech-heavy Nasdaq 100-based portfolio gives investors access to large-cap funds such as Apple for a low 0.20% expense ratio,”  Dion Reports.

“QLD, the Ultra QQQ fund from ProShares, has the same amount of Apple as QQQQ but a riskier methodology. While QLD is designed to give investors twice the exposure to the QQQ index as QQQQ, the fund is up 32.28% year-to-date, hardly twice the return of QQQQ. This disparity is due to a daily reset mechanism that can erode returns over time. Investors seeking a broad exposure to the Apple-heavy QQQ are better off sticking with QQQQ over time versus QLD, despite the temptation of doubling down in the short term,” Dion Reports.

“IYW devotes its portfolio exclusively to technology and is up 22.70% year-to-date. This fund has a three-month average daily trading volume of more than half a million shares, making IYW a liquid, but smaller, investment compared to QQQQ and QLD. Since the tech holdings in IYW appear in many broad-sector ETFs such as QQQQ, investors should be careful of concentrating their exposure to components like Apple when adding IYW to an existing ETF portfolio,” Dion Reports.

We have included the top companies within the 3 ETF’s listed below (Asset percentages are subject to daily changes):

PowerShares QQQ (QQQQ)

TOP 10 HOLDINGS ( 46.41% OF TOTAL ASSETS)

 
 
Company Symbol % Assets
Apple Inc. AAPL 11.75
Cisco Systems, Inc. CSCO 3.15
Gilead Sciences, Inc. GILD 3.74
Google Inc. GOOG 4.58
Intel Corporation INTC 2.64
Microsoft Corporation MSFT 5.06
Oracle Corporation ORCL 3.42
QUALCOMM Incorporated QCOM 6.97
RESEARCH IN MOTION LTD RIM.TO 2.2
Teva Pharmaceutical Industries TEVA 2.9

Ultra QQQ ProShares (QLD)

TOP 10 HOLDINGS ( 48.23% OF TOTAL ASSETS)  
 
Company Symbol % Assets
Apple Inc. AAPL 9.37
Cisco Systems, Inc. CSCO 2.42
Gilead Sciences, Inc. GILD 2.46
Google Inc. GOOG 3.47
Microsoft Corporation MSFT 3.72
NASDAQ 100 Index (Fut) N/A 13.63
Nasdaq100 Swaps N/A 3.31
Oracle Corporation ORCL 2.44
QUALCOMM Incorporated QCOM 5.05
RESEARCH IN MOTION LTD RIM.TO 2.36

 

iShares Dow Jones US Technology (IYW)

TOP 10 HOLDINGS ( 63.63% OF TOTAL ASSETS)  
 
Company Symbol % Assets
Apple Inc. AAPL 7.39
Cisco Systems, Inc. CSCO 7.72
E M C CP EMC 1.8
Google Inc. GOOG 6.32
HEWLETT PACKARD CO HPQ 4.61
Intel Corporation INTC 6.02
INTL BUSINESS MACH IBM 9.5
Microsoft Corporation MSFT 11.09
Oracle Corporation ORCL 4.55
QUALCOMM Incorporated QCOM 4.63

Full Story:  Here

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ETF BASIC NEWS, IYW, QLD, QQQQ


 

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