- Both VOX and XLC own Meta Platforms as their top holding and have suffered from the sell-off impacting Mark Zuckerberg’s metaverse stock.
- However, they have been impacted at different degrees.
- Analyzing the downside, XLC has shown better resilience and its fund managers have provided evidence of being more reactive by making timely changes in their portfolio.
- Thus for the long term, the SPDR fund is more appropriately positioned to profit from the metaverse and a sustained upside in FB's stock, while providing better capital preservation opportunities.
- Thinking volatility, this thesis also shows that it is better to own stocks as part of an ETF instead of direct ownership.
For further details see:
VOX Vs. XLC: Identifying The Best ETF To Take Advantage Of Meta Platforms' Decline