In this article we discuss the 5 best tech ETFs to buy according to Reddit. If you want to read our detailed analysis of these ETFs, go directly to the 10 Best Tech ETFs to Buy According to Reddit.
At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, advertising technology one of the fastest growing industries right now, so we are checking out stock pitches like this under-the-radar adtech stock that can deliver 10x gains. We go through lists like the 10 best hydrogen fuel cell stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind, let’s take a look at the best tech etfs:
Best Tech ETFs to Buy According to Reddit
5. SPDR S&P Semiconductor ETF (NYSE: XSD)
SPDR S&P Semiconductor ETF (NYSE: XSD) is an exchange traded fund that tracks the investment results of the S&P Semiconductor Select Industry Index comprising US-based firms working in the semiconductor sector. The fund tracks the performance of stocks on the index through a sampling strategy and invests at least 80% of total assets in the stocks on the index. It ranks 5th in the list of best tech ETFs to buy according to Reddit.
SPDR S&P Semiconductor ETF (NYSE: XSD) has close to $1 billion in net assets under management. It has a year-to-date daily total return of 4.22% with a net expense ratio of 0.42%. Over the past 52 weeks, the price of the fund has touched a low of $105 and a high of $203.