2024-06-20 07:30:00 ET
Summary
- Last Year, I predicted IYW would be a better investment than VGT.
- IYW has outperformed due to its greater concentration in fewer stocks, and it's tracking an index that includes stocks VGT's index expelled.
- Both VGT and IYW's 1-year results are largely due to NVDA's extreme surge.
- Going forward, Tech investors might do better with SCHG than they will in either Tech Sector tracking ETF.
It's been almost a year since I published an article where I called the Vanguard Information Technology Index Fund ETF ( VGT ) "mediocre" and recommended that investors use the iShares U.S. Technology ETF ( IYW ) to give their portfolios a tilt towards Technology stocks.
The Changing GICS Sector Definitions Have Robbed VGT of Some of Its Strongest Stocks
Read the full article on Seeking Alpha
For further details see:
VGT: Last Year, IYW Was The Better Choice, But Now, SCHG Offers Safer Tech Exposure