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VGT - PSCT: A Small Cap IT ETF Might Just Be The Answer To Big Tech High Valuations
Vanguard Information Tech
Somewhat under the radar, small-cap IT stocks have been outperforming big-cap IT stocks over the past three months.
Perhaps more surprising is that small-cap IT offer better value despite the fact they are potentially more highly levered to growth and more exposed to innovation and technological disruption.
As a result, PSCT has outperformed the highly respected Vanguard IT ETF by 27% over the past three months.