I’ve been investing in a bunch of single tech stocks to add technology tilt to my portfolio (FAANGs & co) and would like to rebalance and consolidate this part of my part into 1-2 ETFs
But struggling to find a perfect choice for that. Technology ETFs like XLK and VGT have weird selection criterias that don’t include even half of FAANG. QQQ’s portfolio is better, but it’s bit expensive (0.20% TER), i don’t like some junk like TSLA in it, and lack of some good non-nasdaq stuff…
What ETFs are you using for technology tilt in your portfolio?
Telecom etfs are even more weird. Mixing faangs and some other comparable companies with telecom (Verizon, AT&T, Comcast, etc) that have very different fundamentals. QQQ sounds like the lesser evil, despite an occasional junk in the top.
Growth factor etfs are seem like they are only about half tech - tech heavy at the top.
But why? Tech is the best thing happened to stock markets in the last decades. It’s expensive for a reason - noone’s selling quality companies for cheap. Why load up on cheap junk instead?
I need the ETF for long term holding to avoid triggering capital gains (going to be non-CH resident soon, so have to take that into consideration). Leveraged ETFs are a bad idea for the long term, it’s for people who are bad at math.
Well this is the bit that I disagree with. My thesis is tech/software will continue eating the world for at least a few more decades. It’s profitable, growing, asset light, high margin industry. Besides the (justifiably) high price, what’s not to like? “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
I don’t exactly understand what’s its holding and what is its strategy. But it doesn’t seem to be tech - fact sheet says tech sector percentage is about the same as in s&P500 (25-27%). Anyway, as a US mutual fund it’s open for business only with US residents.
I like this one, focussed on “robotics and automation”.
Has a fair mix of companies I wouldn’t mind to own individually as well (NVDA, AAPL, ADSK, NOW, ISRG etc.).
So I might pop it up for a few % of my portfolio “for fun”.
Way too expensive (0.45% TER). Personally even QQQ is a tad on the expensive side for me
Where’s FB and alphabet? And what’s up with xiaomi at #1 holding? They make products I want to buy, but are NOT a business I’d want to buy. Commoditized hardware business, they usually suck, razor thin margins (and NOT in a good amazon way) and very tough competition.
It is not a US ETF so why would they have? American stocks only. Or at least american depository receipts.
I think I’m going to load up on VUG if market drops further. 0.04% TER and all the good companies I like in the tpo.