5 Rising Technology ETFs In 2019

Against this backdrop, we highlight the top-performing ETFs in the technology space in the year-to-date time frame (as of Jan 15). The constituent companies are known for the creation and adoption of emerging disruptive technologies in the market:

ARK Innovation ETF (ARKK - Free Report) —Up 13.7% YTD

This is an actively managed ETF that includes companies that rely and/or benefit from innovations taking place in a wide variety of sectors. It comprises 36 holdings with Tesla Inc (TSLA - Free Report) occupying the top spot with 7.9% weight. The fund’s AUM is $1.3 billion and expense ratio is 0.75%.

ARK Web x.0 ETF (ARKW - Free Report) —Up 11.6% YTD

It is an actively managed ETF, comprising companies that develop, produce or enable: cloud computing & cyber security, e-commerce, big data & AI, mobile technology and IoT, social platforms and blockchain & Peer-to-Peer (P2P). It has 36 holdings with Square Inc (SQ - Free Report) sitting at the top with a weight of 6.6%. The fund’s AUM is $429.2 million and expense ratio is 0.75%.

Amplify Transformational Data Sharing ETF (BLOK - Free Report) —Up 8.0% YTD

It is an actively managed ETF that seeks to provide total return by investing at least 80% of its net assets in equity securities of companies actively involved in the development and utilization of blockchain technologies. The fund comprises 54 holdings. It has AUM of $102.8 million and expense ratio of 0.70%.

Global X Future Analytics Tech ETF (AIQ - Free Report) —Up 7.9% YTD

The fund tracks the Indxx Artificial Intelligence & Big Data Index which is designed to provide exposure to exchange-listed companies in developed markets that are positioned to benefit from further development and implementation of artificial intelligence technology, as well as to companies that provide hardware facilitating the use of AI for the analysis of big data. The fund comprises 80 holdings with Salesforce.Com (CRM - Free Report) occupying the top position with 3.5% weight. The fund’s AUM is $33.6 million and expense ratio is 0.68%.

View single page >> |

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this ...

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


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