With 1 ETF traded in the U.S. markets, NASDAQ-100 Ex-Tech Sector Index ETF gathers total assets under management of 0. The average expense ratio is 0.60%. NASDAQ-100 Ex-Tech Sector Index ETF can be found in the following asset class:
- Equity
With 1 ETF traded in the U.S. markets, NASDAQ-100 Ex-Tech Sector Index ETF gathers total assets under management of 0. The average expense ratio is 0.60%. NASDAQ-100 Ex-Tech Sector Index ETF can be found in the following asset class:
Nasdaq-related ETFs are outperforming the S&P, and investors have an array of choices among hot tech funds.
As the first follow-up to my popular tabulation of ETF fund revenues, I offer you a view from the bottom.
First Active ETF
The era of actively managed ETFs is set to begin. Bear Stearns became the first company to file a full prospectus for an actively managed ETF, submitting papers to the SEC on March 19 for a money-market-like fund called the "Bear Stearns Current Yield Fund." If approved, the fund will use active strategies in an attempt to deliver yields above and beyond the average money market account.
First Trust added two to its ever-expanding cadre: the Nasdaq-100 Ex-Tech (QQXT) and Nasdaq Clean Edge US Liquid Series (QCLN) ETFs. With 12 ETFs ranging from dividends to tech currently in its stable, First Trust plans on listing another 20 to 25 this year alone. The advisory, which manages some $28 billion in assets of for-profit businesses and not-for-profit organizations, has big ambitions for its fledgling ETF business, which, at the end of January, held just $613 million of the $422 billion invested in US ETFs.
ProShares goes sector crazy, while iShares slices and dices the real estate market.