Is the Vanguard Information Technology ETF Still the Best Tech ETF for Long-Term Investors? Here’s What the Data Says.
Investors are fully aware by now of just how much impact the technology sector has had on the global economy over the past decade. Some of the world’s most valuable companies operate in related industries. And it’s difficult to imagine a scenario in which this trend doesn’t continue.
The Vanguard Information Technology ETF (NYSEMKT: VGT) has been a compelling way to bet on this sector. It’s offered by a reputable investment firm with a five-decade operating history. And the fact that there is $170 billion in assets just in this single vehicle proves that a lot of capital believes in this strategy.
But is this exchange-traded fund (ETF) still the best way for long-term investors to gain exposure to tech? Here’s what the data says.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.