FTEC vs. IYW: Is the Better Tech ETF Buy Also the Cheaper One?
While each of these ETFs focuses on top tech giants, their cost of ownership and breadth of holdings set them apart.
Overview
The MSCI Information Technology Index ETF (NYSEMKT:FTEC) provides significantly cheaper access to the broad technology sector than the iShares U.S. Technology ETF (NYSEMKT:IYW) and produces nearly identical 1-year returns.
Both ETFs target the domestic tech landscape, providing heavy exposure to the industry giants driving current market trends.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-year return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
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.