5 Beaten-Down Tech ETFs To Buy Now

VanEck Vectors Digital Transformation ETF (DAPP - Free Report) - Down 7.9%

This new ETF aims to offer exposure to the companies that are at the forefront of the digital asset transformation, such as digital asset exchanges, payment gateways, digital asset mining operations, software services, equipment and technology or services to the digital asset operations, digital asset infrastructure businesses or companies facilitating commerce with the use of digital assets. The fund tracks the MVIS Global Digital Assets Equity Index and holds 26 securities in its basket. It charges 65 bps in annual fees and trades in an average daily volume of 84,000.

SmartETFs Advertising & Marketing Technology ETF (MRAD - Free Report) – Down 6.7%

This ETF seeks to invest in companies that are positioned to benefit from the disruption underway in the advertising and marketing industries. This includes companies that provide, support, or enable the following: programmatic, targeted, and data-driven advertising and advertising-related activities. The fund holds 30 stocks in its basket and has amassed $2.6 million in its asset base since debut last December. It charges 68 bps in annual fees and trades in an average daily volume of 1,000 shares.  

ARK Innovation ETF (ARKK - Free Report) – Down 6.3%

This is an actively managed fund seeking long-term capital appreciation by investing in companies that benefit from the development of new products or services, technological improvements, and advancements in scientific research related to the areas of DNA technologies (Genomic Revolution), industrial innovation in energy, automation and manufacturing (Industrial Innovation), increased use of shared technology, infrastructure and services (Next Generation Internet), and technologies that make financial services more efficient (Fintech Innovation). In total, the fund holds 59 securities in its basket and charges 75 bps in annual fees. The product has AUM of $21 billion and trades in volume of $12 million shares a day on average.

View single page >> |

Disclosure: Zacks.com contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.