Technology is an essential resource for companies. It helps the team to develop and perform researches. However, some companies solely operate being a simple yet advanced technology sector. It also includes companies like Amazon.com Inc, Apple Inc., and Microsoft Corporation.
These companies develop as well as provide an extensive range of software and hardware. However, there are 70 specific ETFs, out of which only a few are named as the Best Tech ETFs. Keep reading to know more about the best tech ETFs for Q4. You must check out this year!
Amplify Transformational Data Sharing ETF (BLOK)
BLOK is a popular technology ETF of 2021 that has invested 80% of the assets that engage primarily in development and blockchain technology. It underpins several cryptocurrencies and has a large number of fund holdings in North America. These are operated from software and follow strategies that invest in value stocks.
The famous corporations include MicroStrategy Inc. (MSTR), a provider platform. Along with that, Marathon Digital Holdings Inc. (MARA), a digital asset company known for mining cryptocurrencies globally, and Hut 8 Mining Corp. (HUT: TSE), a bitcoin mining and blockchain infrastructure corporation from Canada.
- The Annual Dividend Yield is 0.71%
- Daily Average Volume is 1.33% 3-Month
- Number of Assets Under Management 353,368
- Performance of over 1-Year
- Expense Ratio of 98.4%
- $1.2 billion Inception Date: Jan. 17, 2018
- Issuer: Amplify Investments
Invesco Dynamic Semiconductors ETF (PSI)
This is an All-Cap Fund that targets semiconductor stocks. Plus, this technology ETF tracks 30 stock Dynamic Semiconductors Intellidex Index.
PSI ETF invests at least 90% of its assets and focuses primarily on U.S. stocks. Currently, it holds companies like Qualcomm Inc. (QCOM); it is a wireless service, semiconductor, as well as a software company along with Broadcom Inc.
(AVGO), the creator of infrastructure and semiconductor software products, and Advanced Micro Devices Inc. (AMD); it is a multinational semiconductor manufacturer in the U.S.
- 1-Year Trailing Total Returns: 62.4%
- Annual Dividend Yield: 0.14%
- Inception Date: June 23, 2005
- Issuing Company: Invesco
- 3-Month Average Daily Volume: 37,302
- Assets Under Management: $773.2 million
3D Printing ETF (PRNT)
PRNT is one of the best technology ETFs that targets companies belonging to the 3D printing industries in the United States, Taiwan, and some other non-US developed markets. It involves providing computer-aided designs and 3D printing centers, measurement and scanning, 3D printing materials, 3D printing hardware, and 3D printing simulation software.
Some of the top holdings of this ETF are ExOne Co. (XONE); it is an industrial provider of 3D printing systems and services. 3D Systems Corp. (DDD); is the creator of 3D printing materials, 3D scanners, and 3D printers. Lastly, SLM Solutions Group AG (AM3D: ETR); is a German-based creator of 3D metal printers.
- Performance of over 1-Year
- Inception Date: July 19, 2016
- Issuer: ARK
- Expense Ratio: 0.66%
- 3-Month Average Daily Volume is 91,044
- Assets Under Management $520.0 million
Where to Buy Tech ETFs?
The new technology ETFs are now easy to purchase and come in various types, In addition, however including Stock ETFs, Bond ETFs, Commodity ETFs, Industry ETFs, Inverse ETFs, and Currency ETFs. However, you will find various platforms to invest in ETFs.
To begin investing in ETFs, it is essential to find a suitable investing platform. To find an ETF, you can check out online investing platforms like Robinhood. However, most of these investing platforms are commission-free and offer providers to sell and buy ETFs without unnecessary problems.
However, the following is an extensive list of the best tech ETFs platforms:
- Charles Schwab
It is a long-time investing platform for individual investors and is known as the best discount broker. In addition, it is one of the best tech ETF platforms.
Vanguard is one of the best tech ETFs that was introduced in 2001. This platform is known as the best low-cost provider, and it has invested 90% of ETFs for free in the platform.
- E-trade financial
E-trade financial is a commission-free investing platform to screen critical traits like investing strategy and Morningstar rating. In addition, the platform gives you a prepaid E.T. portfolio along with aggressive, conservative, and income-related strategies.
The Bottom Line
Exchange-traded funds or ETFs are a popular way through which you can invest efficiently in the stock market. However, they typically offer potential returns and have a lower chance of risk compared to the others. Plus, most of the ETFs platforms are commission-free, letting people learn more about it. So if you are looking for the best tech ETFs, your hunt ends here with our top 3 ETFs of 2021.