Technology ETF’s Should Be In Your Portfolio
Technology is constantly changing and new innovative ideas come to fruition which changes the market place for consumers. Consumers love to spend on the newest trend which is why technology ETF’s should be in your portfolio.
“Thanks to the exchange-traded-fund (ETF) revolution, you now have many more ways to get involved in technology. No longer is your choice limited between risky individual stocks and technology mutual funds with high fees and onerous trading restrictions. ETFs offer a safer, less expensive, and easier way. This doesn’t mean the whole sector is a gamble. Far from it! The pace of innovation is picking up every year. And as the global economy recovers, I expect the technology sector to lead the markets higher,” Ron Rowland Reports for Money and Markets.
Here are the technology ETF’s Ron Rowland goes into detail about below:
Select Sector Technology SPDR (XLK) and iShares Dow Jones U.S. Technology (IYW). Both are very liquid and own the familiar large-cap domestic tech stocks, like Hewlett-Packard (HQP) and IBM (IBM).
Niche Technology ETFs
Semiconductors: iShares S&P North American Technology — Semiconductor (IGW), PowerShares Dynamic Semiconductor (PSI), and SPDR S&P Semiconductor (XSD).
Software: iShares S&P North American Technology — Software (IGV) and PowerShares Dynamic Software (PSJ).
Networking: PowerShares Dynamic Networking (PXQ) and iShares S&P North American Technology — Multimedia Networking (IGN).
Nanotechnology: PowerShares Lux Nanotech (PXN)
“Clean” Tech: PowerShares Cleantech (PZD)
Tech vs. Telecom
Vanguard Telecom (VOX) and iShares Dow Jones U.S. Telecommunications (IYZ).
Global and International Tech
iShares S&P Global Technology (IXN), SPDR S&P International Technology (IPK), and WisdomTree International Technology (DBT).
FULL STORY: HERE