Best & Worst Performing Tech ETFs Of The Year
- Date: 25-Dec-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Best & Worst Performing Tech ETFs Of The Year
There has seldom been as much divergence in the technology space as there has been this year.
On the one hand, broad-based tech ETFs, which are heavily weighted toward behemoths like Apple and Microsoft, have performed phenomenally—beating the S&P 500, which itself is up 25.5% year-to-date.
For instance, the iShares U.S. Technology ETF (IYW), which has nearly half its portfolio in just three stocks (Apple, Microsoft and Alphabet), is up 29.8% year-to-date.