Looking to Add More Tech to Your Portfolio? SOXX May Be a Better Fit than FTEC.
iShares SOXX delivered 136.90% returns but swings harder (1.77 beta), while Fidelity FTEC costs less at 0.08% and holds 288 stocks for stability.
Overview
Technology remains a primary driver of market performance, but investors can choose between a broad-market approach and a specialized industry tilt.
iShares Semiconductor ETF (NASDAQ:SOXX) offers concentrated, high-volatility exposure to 30 chipmakers, while Fidelity MSCI Information Technology Index ETF (NYSEMKT:FTEC) provides a broader, lower-cost entry into the entire technology sector.
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Details
Source
Originally published at www.fool.com.