Vanguard Information Technology ETF (VGT) is a popular low-cost option in the Technology sector.

From CNBC: 2024-05-30 06:20:05

The Vanguard Information Technology ETF (VGT) offers exposure to the Technology – Broad sector, making it a popular choice due to its low costs and transparency. With assets over $69.22 billion, VGT seeks to match the performance of the MSCI US Investable Market Information Technology 25/50 Index. The ETF has seen a 13.48% increase this year and a 31.80% increase in the past year, with top holdings including Microsoft Corp and Apple Inc.

Sector ETFs like VGT provide low-risk exposure to specific sectors like Technology – Broad, which is currently ranked 9 out of 16 Zacks sectors. VGT has a low expense ratio of 0.10% and a dividend yield of 0.66%. Its top holdings are in the Information Technology sector, with Microsoft Corp and Apple Inc leading the way. VGT offers a medium risk option with a beta of 1.16.

Investors seeking exposure to Technology ETFs can consider alternatives like iShares U.S. Technology ETF (IYW) and Technology Select Sector SPDR ETF (XLK). IYW tracks Dow Jones U.S. Technology Index with $17.56 billion in assets, while XLK tracks Technology Select Sector Index with $66.64 billion. VGT holds a Zacks ETF Rank of 1 (Strong Buy), making it an outstanding choice for market exposure.

For more information on VGT and other ETFs, investors can visit the Zacks ETF Center for news, analysis, and top-performing ETFs. Sign up for Zacks’ free Fund Newsletter for weekly updates and key ETF info delivered straight to your inbox. Make informed investment decisions with Zacks Investment Research’s latest recommendations and free stock analysis reports on companies like Apple Inc, Microsoft Corp, and NVIDIA Corporation.



Read more at CNBC: Should You Invest in the Vanguard Information Technology ETF (VGT)?