|Bid||0.00 x 900|
|Ask||0.00 x 1200|
|Day's Range||41.67 - 42.80|
|52 Week Range||34.75 - 49.87|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.57|
|Expense Ratio (net)||0.75%|
A biotech breakout. The Apple effect. And do ETFs really cause volatility? With CNBC's Bob Pisani, Dave Nadig, ETF.com and Doug Yones, New York Stock Exchange.
There are some ETFs that are clearly investor and trader's favorites. When it comes to tech ETFs, the Technology Select Sector SPDR Fund (NYSEARCA:XLK) is the runaway leader. The XLK covers all the major tech stocks in the S&P 500 and includes plenty of top hardware, software, semiconductors and services muscle. Add in its low expense ratio as well as its nearly 4 million shares per day trading volume and it's easy to see why investors have put more than $20 billion in the ETF.However, as awesome as the XLK is as a core tech fund, it isn't the only fish in the sea. There are plenty of other tech ETFs out there.And in many cases, these specialized ETFs may offer something better than the popular XLK. Investors just gravitating to the XLK may actually be doing themselves a disservice. Thinking outside the box could lead to better returns.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy for Over 20% Upside Potential But what other tech ETFs are worthy of your time? Here are five that could give the popular XLK a run for its money. Invesco S&P SmallCap Information Technology ETF (PSCT)Source: Shutterstock Perhaps one of the biggest hits against the XLK is that it's full of the big boys -- the Microsofts (NASDAQ:MSFT), the Alphabets (NASDAQ:GOOG), etc. There's nothing wrong with these stocks, it's just many of the current and future leaders in tech are actually much smaller. And in this case, if you're looking for pure growth, then small-cap tech stocks should be where you focus your attention.And that's why the Invesco S&P SmallCap Information Technology ETF (NYSEARCA:PSCT) should be on your list.PSCT is just like the XLK, only this time it tracks all the tech stocks in the small-cap focused S&P 600. This currently includes 88 different stocks. Top holdings include networking equipment maker Viavi Solutions (NASDAQ:VIAV) and cloud computing communications firm 8×8 Inc (NASDAQ:EGHT). The makeup of the ETF a bit different as well -- with electronic components and semiconductors making up the top sector weightings.That makeup and focus on smaller tech stocks haven't hurt the ETF on the performance front. PSCT has managed to post an average annual return of 15.45% over the last five years. That beats the broader S&P 600 and comes close to the XLK's performance.All in all, with more than $300 million in assets and a low 0.29% -- or $29 per $10,000 invested -- expense ratio, the PSCT is one of the best tech ETFs outside the XLK. ARK Innovation ETF (ARKK)Source: Shutterstock Active management works and can beat indexing when a) fund managers keep their funds small and b) when they take concentrated bets in only a handful of stocks. And that's just what Catherine Wood and her team do at the ARK Innovation ETF (NYSEArca:ARKK).ARK looks for stocks conducting so-called "disruptive innovation". Basically, any new technology that potentially changes the way the world works. The firm focuses its attention on four core areas -- the genomic revolution, industrial innovation, the next generation internet and fintech innovation. From here, Wood will select the best ideas and run a pretty concentrated portfolio usually just 35 to 55 stocks. And she tends to sticks to her guns. For example, Wood has been buying tons of Tesla (NASDAQ:TSLA) during its latest meltdown.Say what you will about Wood and her views on TSLA. But the concentrated strategy has worked for ARKK. Over the last 3 years, ARKK has managed to post a whopping 36.70% average annual return. That smashes the XLK over that time by a wide margin. * 5 Data Center REITs to Buy That Deliver Sizable Income Perhaps the only downfall for ARKK is that its rather expensive at 0.75% in annual costs. However, if Wood can keep up the gains, that's a small price to pay to own one of the best performing tech ETFs out there. iShares Exponential Technologies ETF (XT)Source: Shutterstock If you like the idea of innovation and transformative tech, but don't think an active manager can make the right calls, then the iShares Exponential Technologies ETF (NYSEArca:XT). XT uses an index approach to get the job done.XT tracks the Morningstar Exponential Technologies Index. Exponential technologies are defined as advances which "displace older technologies, create new markets and have the potential to create significant positive economic benefits." This includes everything from 3-D printing and robotics to genomics/personalized medicine and data mining.The beauty is that XT doesn't just track strictly tech stocks like the XLK. It looks at all sectors to find these disruptors. There's plenty of industrials, healthcare and even real estate firms in the ETF. The fund currently 200 different global stocks -- with top holdings including ServiceNow (NYSE:NOW), Align (NASDAQ:ALGN) and First Solar (NASAQ:FSLR).Performance wise, XT has been great. Through the end of April, the ETF has managed to produce an 18.70% annual return over the last three years. That's not too shabby. Even better is that XT has been less volatile than some other tech ETFs including the XLK. This is due to it not focusing purely on tech.Either way, with expenses clocking at 0.47%, XT makes a great choice for those investors looking to add some tech ETFs to their portfolios. First Trust ISE Cloud Computing Index Fund (SKYY)Source: Shutterstock Perhaps one of the biggest and most immediate advances in the tech sector has to be cloud computing. Every time you've used an app on your phone or accessed a data center at work, you've used the power of the cloud. More and more, our information and programs are being stored off-site. Software as a Service (SaaS) has become big business. That's why the First Trust ISE Cloud Computing Index Fund (NYSEARCA:SKYY) could be one of the best tech ETFs to buy.SKYY tracks the ISE Cloud Computing Index. The underlying index looks for firms that provide network hardware/software, storage, cloud computing services or those firms that deliver goods and services that utilize cloud computing technology. Preference is placed on those stocks that are pure cloud computing plays with tech conglomerates or those firms only derive a portion of their revenues from the cloud receiving a smaller weighting.The ETF is fairly concentrated at just 28 holdings. Top stocks include Salesforce.com (NYSE:CRM), SAP (NYSE:SAP) and VMware (NYSE:VMW).That explosive nature of cloud computing has helped propel SKYY one of the best performing tech ETFs around. Over the last three years, the fund has produced a 28% annual return. That's more than double the S&P 500. * 5 ETFs to Buy for the Future of Technology Expenses for SKYY clock in at just 0.60%. The KraneShares CSI China Internet ETF (KWEB)Source: Shutterstock Silicon Valley isn't the only place where tech innovation is happening. In fact, China has just as many global tech stock giants as the U.S. In looking for alternative ETFs to the XLK, heading to the Dragon Economy could be a smart bet and the KraneShares CSI China Internet ETF (NYSEArca:KWEB) could be the way to access the opportunity.KWEB tracks an index of China-based companies whose primary business are in internet-related sectors. The ETFs holdings read like a who's who of internet retailers, social media, gaming, travel and commerce sites in the nation. This includes giants like Alibaba (NYSE:BABA), NetEase (NASDAQ:NTES) and JD.com (NYSE:JD). With the ETF, you're basically getting the Facebook's (NYSE:FB) and Amazon's (NASDAQ:AMZN) of China.Given the sheer size of China's population and the growth of the internet in the nation, KWEB could be a solid long term bet for investors looking to expand their tech holdings. However, don't expect a smooth ride. The fund has been pretty volatile -- especially these days as the trade war has persisted. But the longer term looks rosy for China and its growth.With nearly $1.8 billion in assets and a 0.70% expense ratio, KWEB is the prime way to get a piece of the action.Disclosure: At the time of writing Aaron Levitt was long AMZN and XT. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post 5 Great Tech ETFs That Aren't the XLK appeared first on InvestorPlace.
Whether society is ready for it or not, robotics, artificial intelligence (AI), machine learning, or any other type of disruptive technology will be the next wave of innovation. For investors who missed ...
Tech companies are at maximum risk in the trade war. Naturally, all tech ETFs witness a bloodbath on May 13, among which, the following funds lost the least.
When it comes to actively managed exchange traded funds, fixed income funds are the dominant asset class, but some actively managed equity ETFs are increasing their asset bases. Overall, actively managed ...
Companies including Tesla, Nvidia and Nutanix are large holdings of ARK Invest, which seeks out disruptive businesses.
The disruptive exchange-traded fund (ETF) space continues to grow and investors can now take advantage of self-driving, electric vehicle technology via the iShares Self-Driving EV and Tech ETF (NYSEArca: ...
Much of that occurred in a downtrodden technology sector that saw major sell-offs in the fourth quarter of last year, which may have seen the run end for FAANG (Facebook, Amazon, Apple, Netflix, Google) stocks. Disruptive technology is not relegated to certain sectors as it will permeate into all industries in some form or fashion. For example, augmented reality is technology comprised of digital images superimposed over the real world, and its use is primed to drive industry growth–industries like real estate and manufacturing are already putting the technology to use in a variety of ways.
Jim Woods is a leading expert on exchange-traded funds; the editor of The Deep Woods highlights three funds from the Ark family which focus on stocks on the leading edge of today's innovating investment trends
Technology maven and "Shark Tank" personality Mark Cuban is brimming with business ideas, but if there's one that he would start today, it would revolve around the latest smart home technology and artificial intelligence. "Alexa skills and scripting Alexa skills is really, really easy.
In a quickly developing world, investors are always on the look out for the next big thing, and through an ETF strategy, people can now target technological disruptors.
"We focus solely on disruptive innovation, and it certainly has been an exciting period of time to have that technologically enabled focus for the funds," said Tom Staudt, Chief Operating Officer for ARK Invest, at Inside ETFs. For example, ARK Invest’s flagship ARK Innovation Fund (ARKK) seeks to invest in the cornerstone companies taken from healthcare, technology and industrial sectors that focus on investing in disruptive innovation. Such companies may include ones that benefit from big data, cloud computing, cryptocurrencies, the sharing economy, genomic sequencing, molecular medicine, agricultural biology, 3D printing, energy storage, and autonomous vehicles.
Investors looking to future-ize their portfolios often turn to the technology sector and the related ETFs.Traditional technology ETFs are usually home to the sector's largest names, such as Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT) and others. There is nothing wrong with that strategy. After all, even large- and mega-cap tech companies are still innovating. Plus, investing in tech ETFs that focus on the sector's biggest names can reduce some of the volatility associated with the sector.For investors willing to take on a bit more risk in search of true disruption in the tech space, there are a slew of thematic tech ETFs that offer dedicated exposure to some of the most compelling tech themes; exposure that is hard to come by in traditional tech ETFs.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 15 Stocks Sitting on Huge Piles of Cash Investors wanting to focus on tomorrow's disruptive themes today, should consider the following disruptive tech ETFs, some of which are already delivering stellar performances. ALPS Disruptive Technologies ETF (DTEC)Expense ratio: 0.50% per year, or $50 on a $10,000 investment.When it comes to disruptive tech, the ALPS Disruptive Technologies ETF (NYSEARCA:DTEC) is one of the best ETFs. DTEC's status as one of the best tech ETFs for the disruptive trends of tomorrow is simple: this fund does not force investors to pick a specific niche or theme to focus.Rather, DTEC equally weights 10 fast-growing themes, including 3D printing, big data, healthcare innovation, Internet of Things (IoT) and mobile payments, among others."Disruptive technologies are impacting our day to day lives dramatically, and are forcing industries to change the way they do business," according to ALPS.DTEC's approach is working. Granted it does not sound like much, but this tech ETF is up 3.87% over the past year compared to 1.46% for the large- and mega-cap heavy Nasdaq-100 Index. Global X Internet of Things ETF (SNSR) Expense ratio: 0.68% per year, or $68 on a $10,000 investment.As noted above with DTEC, IoT is an important disruptive theme. It has already arrived, and few traditional tech ETFs offer adequate exposure to IoT's explosive investment potential. For investors wanting a dedicated IoT play, the Global X Internet of Things ETF (NASDAQ:SNSR) is the tech ETF to buy.SNSR, which debuted in September 2016, follows the Indxx Global Internet of Things Thematic Index. IoT "includes the development and manufacturing of semiconductors and sensors, integrated products and solutions, and applications serving smart grids, smart homes, connected cars, and the industrial internet," according to Global X.Up 16% this year, SNSR is knocking on the door of being one of 2019's best-performing ETFs and there is plenty to like with this tech ETF. * 7 Retail Stocks Winning in 2019 and Beyond "Forecasts expect 20.4 billion connected devices to be online by 2020 with $1.4 trillion in worldwide annual spending on IoT hardware, software and services by 2021," according to Global X research. ARK Fintech Innovation ETF (ARKF)Expense ratio: 0.75% per year, or $75 on a $10,000 investment.Barely more than a month old, the ARK Fintech Innovation ETF (NYSEARCA:ARKF) is one of the newest disruptive tech ETFs. The fund's infant status should be a deterrent to investors, but data suggests it's not as ARKF is already home to nearly $53 million in assets under management following its February 4 debut."In short order thanks to impressive investor demand and averaging more than 32,000 shares traded daily on average since the launch, the fund has already grown to be the fifth largest ETF in the ARK ETF family," said Paul Weisbruch, head of ETF sales and trading at Dallas-based Esposito Securities, in a note out Tuesday.ARKF is actively managed and is the second dedicated fintech ETF in the U.S. DTEC also has fintech exposure and there is a mobile payments ETF, so ARKF has some entrenched competition, but its fast start could be a sign of more positive things to come. BlueStar Israel Technology ETF (ITEQ)Expense ratio: 0.75% per year, or $75 on a $10,000 investment.As its name implies, the BlueStar Israel Technology ETF (NYSEARCA:ITEQ) is an Israel fund and a tech ETF. This is a meaningful combination because Israel is one of the dominant forces on the global technology stage.Technology is arguably the heartbeat of Israel's economy as highlighted by a 30.63% tech weight in the MSCI Israel Capped Investable Market Index. The emphasis on tech is meaningful for ITEQ investors. Since inception, this tech ETF is higher by 48.50% (as of Feb. 28), beating the MSCI Israel Capped Investable Market Index by a margin of better than 4-to-1. * 7 Dark Horse Stocks That Deserve Your Attention in 2019 "ITEQ provides exposure to the technology themes of tomorrow(Including cyber security, autonomous driving, artificial intelligence, cleanTech, defenseTech, 3D printing)," according to the issuer. Defiance Next Gen Connectivity ETF (FIVG) Expense ratio: 0.30% per year, or $30 on a $10,000 investment.Having debuted earlier this month, the Defiance Next Gen Connectivity ETF (NYSEARCA:FIVG) is the first dedicated 5G and the newest tech ETF highlighted here.The Defiance Next Gen Connectivity ETF is the first ETF to emphasize securities whose products and services are predominantly tied to the development of 5G networking and communication technologies," according to a statement from Defiance ETFs.Much like some of the other themes discussed here, 5G has disruptive traits and the potential to deliver big opportunity for investors due to its reach across multiple industries and themes."From smart care to augmented reality/virtual reality functions; from manufacturing to the automotive industry to medicine and healthcare, the impact of 5G could be felt across many spheres, including Enhanced MobileBroadband (EMBB), Massive Internet of Things (MIoT) and Mission CriticalServices (MCS)," according to Defiance. ARK Innovation Fund (ARKK)Expense ratio: 0.75% per year, or $75 on a $10,000 investment.The actively managed ARK Innovation Fund (NYSEARCA:ARKK) is home to $1.09 billion in assets under management, making it one of ARK's largest ETFs. Though not an exact replica, this tech ETF is similar to the aforementioned DTEC in provides exposure to multiple disruptive themes under the umbrella of one fund.ARKK holdings include DNA technologies, industrial innovation in energy, automation and manufacturing, the increased use of shared technology, infrastructure and services (''Next Generation Internet')" as well as fintech firms, according to the issuer. * 3 Tech Stocks to Sell in March While there are plenty of tech ETFs with lower fees than ARKK, this fund's management team is more than earning that fee. Over the past 36 months, this tech ETF is up nearly 171%. To put that into context, the gains of the Nasdaq-100 and S&P 500 Technology indexes combined over that same period do not equal ARKK's performance. In fact, the gap almost 2,000 basis points. Global X Longevity Thematic ETF (LNGR)Expense ratio: 0.68% per year, or $68 on a $10,000 investment.Disruptive tech ETFs do not always have to be actual tech ETFs. The Global X Longevity Thematic ETF(NASDAQ:LNGR) proves as much. There are elements of innovation and technology throughout the healthcare sector and LNGR reflects as much.Notably, LNGR has a 36.41% weight to healthcare equipment stocks, one of the best-performing and fastest-growing segments of the broader healthcare sector. Aging populations through many major economies are an important fundamental driver of LNGR's long-term thesis."Demand for senior assistance tools like walkers and pacemakers, and even new technologies like wearables and robot assistants, are expected to grow substantially," according to Global X research. "While wearables have captured the attention of younger generations, there are ample use cases for seniors, such as monitoring their health or contacting emergency services."Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Retail Stocks Winning in 2019 and Beyond * The 10 Best Stocks to Buy for the Bull Market's Anniversary Compare Brokers The post 7 Disruptive Tech ETFs to Buy appeared first on InvestorPlace.
Twitter's fourth-quarter earnings beat estimates. Weak revenue guidance and chances of cost increases in 2019 weighed on the stock and ETFs.
ARK Investment Management LLC (ARK), a New York-based adviser focused solely on disruptive innovation, today launched the ARK Fintech Innovation ETF (ARKF)–an ETF that capitalizes on the burgeoning fintech ...
Though Tesla missed earnings estimate, it posted back-to-back quarterly profit for the first time in its history. This has put the spotlight on ETFs having substantial allocation to this luxury carmaker.
Shares of Tesla fell by around 13% on Jan 18, after the company announced that it will cut around 7% of its workforce and lowered its guidance for fourth-quarter profit, putting related ETFs in focus.
Early 2019 is already seeing a strong start for exchange-traded funds (ETFs) with net inflows of almost $9 billion in two weeks. Furthermore, the average daily trading volume on ETFs is 56.2 percent higher compared to the same time a year ago based on data from XTF. December alone resulted in the Dow falling 8.7 percent and the S&P 500 lost 9 percent, making it the worst December since 1931.
With exchange-traded funds (ETFs) garnering over $300 billion in assets in 2018 despite a volatile end to the year, it's clear that there's an appetite for the ETF as an investment vehicle that's expected to continue in 2019 and beyond. ETF Trends Publisher Tom Lydon joined CNBC's Bob Pisani on the new "ETF Edge" show on Monday to discuss opportunities in banking ETFs, disruptive technology, niche ETFs, and a model ETF portfolio to beat the market. Should Investors Deposit into Banking ETFs? Citigroup kicked off earnings season with banks like Wells Fargo, Bank of America and JP Morgan Chase scheduled to report later this week for the financial sector, but market mavens are mixed on what to expect, warranting caution for investors.