|Day's Range||126.97 - 127.35|
|52 Week Range||88.27 - 127.35|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.40%|
The Nasdaq Composite broke a new record today, climbing above 6,000 for the first time, and delivering roughly twice the rally of the S&P 500 and the Dow Jones industrial average year-to-date. The well-known benchmark measures the performance of securities listed on the Nasdaq, including the 100 largest companies comprising the Nasdaq 100—a subindex of the Nasdaq Composite.
Investors can tap smart beta tech ETFs for fundamental plays on this hot sector.
Todd Rosenbluth is director of ETF and mutual fund research at CFRA. As earnings season kicks off, investors will be closely watching the U.S. technology sector. Expectations for strong results are high. However, ETF investors will want to understand the industry-exposure differences of products they own or are considering owning, since not all tech companies have the same fundamentals.