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CRWD - XITK: An ETF Focused On Innovative Tech Without Tesla In Its Top-10 Holdings
CrowdStrike Holdings Inc.
The XITK ETF is focused on innovative technology.
Its three-year annualized returns are an impressive 30%+.
The closest direct competitor in this sub-sector is the leading and much larger ARK Invest ARKK ETF.
The biggest differentiator in the two ETFs is their weighting in Tesla - giving investors who want exposure to innovative tech, but either bullish or bearish on Tesla, a nice choice.