Top 10 Nonleveraged/Inverse Tech ETFs Of 2016
Plenty More Tech ETFs
Up to this point, the ETFs mentioned in this article represent only a fraction of the nearly five dozen tech ETFs available to trade. The others haven't performed as well this year, but they could in the future.
From the ROBO Global Robotics and Automation Index ETF (ROBO | F-27) to the First Trust ISE Cloud Computing Index Fund (SKYY | B-68) to the ARK Industrial Innovation ETF (ARKQ | C-41) to the iShares Exponential Technologies ETF (XT | D-57), there's plenty of products that hope to outperform by investing in tech themes or making targeted bets within the tech sector.
There's also broad tech ETFs that do include Amazon, such as the iShares North American Tech ETF (IGM | A-85), and more focused tech ETFs that also hold the name, such as the First Trust Dow Jones Internet Index Fund (FDN | A-60).
For investors who want to target the tech sector outside the U.S., there's a few ETFs tied to the likes of China, Japan, and Israel. Those include the Guggenheim China Technology ETF (CQQQ | D-42), the KraneShares CSI China Internet ETF (KWEB | B-31), the Global X Nasdaq China Technology ETF (QQQC | D-31), the WisdomTree Japan Hedged Tech Media & Telecom Fund (DXJT | D-61), and the BlueStar TA-BIGITech Israel Technology ETF (ITEQ).
Finally, for investors and traders who want to gear their returns or bet against tech, a number of leveraged and inverse products are available. A few names in the area are the Direxion Daily Technology Bull 3x Shares (TECL) and the Direxion Daily Technology Bear 3x Shares (TECS).
Contact Sumit Roy at [email protected].