Investors in search of exposure to the technology sector tend to hear about and focus on hardware, services and equipment, but don’t realize how important exposure to software companies are to a tech ETF’s overall viability, according to an article on Zacks.
The article isolated three tech-based ETFs that have maintained strong year-to-date performance, and that provide exposure to software companies like SAP AG, Oracle Corporation, IBM and Microsoft. The funds mentioned are:
- iShares S&P North American Technology-Software Index Fund (NYSEArca: IGV)
- PowerShares Dynamic Software Portfolio (NYSEArca: PSJ)
- SPDR S&P Software & Services ETF (NYSEArca: XSW)
Head over to Zacks.com for the full breakdown.