2 Vanguard ETFs Built to Thrive as Big Tech Loses Its Market Grip
As big tech stumbles, these ETFs have picked up the slack.
Overview
Big tech and artificial intelligence (AI) stocks have been the driving force behind the magnificent ongoing bull market that's been charging for the past three-plus years.
But in recent months, big tech stocks have sputtered as investors have grown wary of historically high large-cap valuations and concerns about whether the massive investment in AI infrastructure will actually pay off.
Details
While the Nasdaq-100 is up a solid 14% year to date, over the past month and a half, the large-cap, tech-heavy benchmark is down about 5%.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.