5 Top-Ranked Technology ETFs Worth Your Attention Now

Highlighting the important role that technology is playing with respect to helping people maintain social-distancing norms, The NPD Group’s Future of Tech report projects technology sales to see a historic growth rate of 18% year over year in comparison to the year-ago period’s 4% rise in fourth-quarter 2020. Also, e-commerce is anticipated to represent more than 60% of technology sales during the same period.

Technology ETFs to Consider

Investors seeking to ride the big tech rally could consider the following ETFs:

Vanguard Information Technology ETF VGT

The fund seeks to track the performance of the MSCI US Investable Market Information Technology 25/50 Index. It has an AUM of $38.31 billion. It charges investors 10 basis points (bps) in annual fees. The fund sports a Zacks ETF Rank #1 (Strong Buy), with a Medium-risk outlook (read: Apple Beats Fiscal Q4, iPhone Sales Drop: ETFs in Focus).

Technology Select Sector SPDR Fund XLK

The fund seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Technology Select Sector Index. It has an AUM of $36.45 billion. It charges investors 13 bps in annual fees. The fund presently flaunts a Zacks ETF Rank of 1, with a Medium-risk outlook (read: ETF Areas to Win/Lose With Biden on the Verge of Victory).

iShares U.S. Technology ETF IYW

The fund seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Dow Jones U.S. Technology Capped Index. It has an AUM of $6.38 billion. It charges investors 43 bps in annual fees as stated in the prospectus. The fund sports a Zacks #1 Ranked ETF, with a Medium-risk outlook (read: ETFs to Buy as Cloud Boosts Microsoft's Fiscal Q1 Results).

Fidelity MSCI Information Technology Index ETF FTEC

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology Index. It has an AUM of $4.81 billion. It charges investors 8 bps in annual fees. The fund also flaunts a Zacks ETF Rank #1, with a Medium-risk outlook.

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