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	<title>ETF Trends &#187; QTEC</title>
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	<description>Keeping a grip on exchange traded funds (ETFs)</description>
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		<title>5 Ways to Play Earnings Season&#8217;s Winners With ETFs</title>
		<link>http://www.etftrends.com/2009/10/5-ways-to-play-earnings-season-winners-with-etfs.html</link>
		<comments>http://www.etftrends.com/2009/10/5-ways-to-play-earnings-season-winners-with-etfs.html#comments</comments>
		<pubDate>Tue, 20 Oct 2009 20:00:05 +0000</pubDate>
		<dc:creator>Tom Lydon</dc:creator>
				<category><![CDATA[All]]></category>
		<category><![CDATA[Current Affairs]]></category>
		<category><![CDATA[Sector ETFs]]></category>
		<category><![CDATA[Food & Beverage]]></category>
		<category><![CDATA[Health Care]]></category>
		<category><![CDATA[IYH]]></category>
		<category><![CDATA[PBJ]]></category>
		<category><![CDATA[Pharmaceuticals]]></category>
		<category><![CDATA[QTEC]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[VHT]]></category>
		<category><![CDATA[XLK]]></category>

		<guid isPermaLink="false">http://www.etftrends.com/?p=19426</guid>
		<description><![CDATA[ The third-quarter earnings season has, overall, been going better than many analysts have expected. As luck would have it, there are a multitude of ways to get exposure to this season&#8217;s winners via exchange traded funds (ETFs).
Although several sectors have notched strong third-quarter performance, the ones listed below are among the standouts. For more [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-19443" style="margin: 2px 4px;" title="Sector ETFs" src="http://www.etftrends.com/wp-content/uploads/2009/10/money_hundreds_franklin_238664_tn.jpg" alt="money_hundreds_franklin_238664_tn" width="90" height="75" /> The third-quarter earnings season has, overall, been going better than many analysts have expected. As luck would have it, there are a multitude of ways to get exposure to this season&#8217;s winners via exchange traded funds (ETFs).<span id="more-19426"></span></p>
<p>Although several sectors have notched strong third-quarter performance, the ones listed below are among the standouts. For more stories on sector ETFs, visit our <a href="../category/sector-etfs/" target="_self">sector ETF category</a>.:</p>
<p><strong>1. </strong><strong>Technology.</strong> Apple (Nasdaq: <strong><a href="http://www.etftrends.com/etf/aapl/" target="_self">AAPL</a></strong>) is the latest big tech name to post strong earnings. The maker of the popular iPhone posted a 47% gain in profit, taking investors and analysts by surprise. Shares were up 5.4% as of Tuesday, <a href="http://www.google.com/hostednews/ap/article/ALeqM5iz9YtdAQRZyy5mRvaJ8M6BTo_xhAD9BES5E02" target="_blank">reports Jessica Mintz for the Associated Press</a>.</p>
<p>Other technology companies posted strong earnings, as well. (<a href="http://www.etftrends.com/2009/10/what-gives-technology-etfs-their-power.html" target="_self">Read about them here</a>).</p>
<ul>
<li><strong>Technology Select Sector SPDR (NYSEArca: <a href="http://www.etftrends.com/etf/xlk/" target="_self">XLK</a>): </strong>up 40.3% year-to-date; Apple 8.1%</li>
</ul>
<p style="text-align: center;"><img class="aligncenter" src="http://etftrends.redinews.com/tools/C04?queryid=QJ33042&amp;symbol=xlk" alt="" /></p>
<ul>
<li><strong>FirstTrust NASDAQ -100 Tech Index (NYSEArca: <a href="http://www.etftrends.com/etf/qtec/" target="_self">QTEC</a>): </strong>up 67.6% year-to-date; Apple 2.7%</li>
</ul>
<p style="text-align: center;"><img class="aligncenter" src="http://etftrends.redinews.com/tools/C04?queryid=QJ33042&amp;symbol=qtec" alt="" /></p>
<p><strong>2. Pharmaceuticals. </strong>The sector came out a <a href="http://www.etftrends.com/2009/10/how-health-care-overhaul-affects-etfs.html" target="_self">winner in the health care bill</a> that went through the finance committee last week. Pfizer (NYSE: <strong><a href="http://www.etftrends.com/etf/pfe/" target="_self">PFE</a></strong>) reported a 26% higher profit, but lower sales.  The world&#8217;s largest drug maker posted net income of $2.88 billion, or 43 cents a share, even as many patents have been expiring, <a href="http://www.marketwatch.com/story/pfizer-reports-26-higher-profit-but-lower-sales-2009-10-20?siteid=rss&amp;rss=1%3F" target="_blank">reports Val Kennedy for MarketWatch</a>.</p>
<ul>
<li><strong>iShares Dow Jones U.S. Healthcare (NYSEArca: <a href="http://www.etftrends.com/etf/iyh/" target="_self">IYH</a>): </strong>up 14.2% year-to-date; Pfizer is 10.6%</li>
</ul>
<p style="text-align: center;"><img class="aligncenter" src="http://etftrends.redinews.com/tools/C04?queryid=QJ33042&amp;symbol=iyh" alt="" /></p>
<ul>
<li><strong>Vanguard Health Care (NYSEArca: <a href="http://www.etftrends.com/etf/vht/" target="_self">VHT</a>): </strong>up 15.3% year-to-date; Pfizer is  7.5%</li>
</ul>
<p style="text-align: center;"><img class="aligncenter" src="http://etftrends.redinews.com/tools/C04?queryid=QJ33042&amp;symbol=vht" alt="" /></p>
<p><strong>3. Fast Food.</strong> McDonald&#8217;s (NYSE: <strong><a href="http://www.etftrends.com/etf/mcd/" target="_self">MCD</a></strong>) and Yum Brands (NYSE: <strong><a href="http://www.etftrends.com/etf/yum/" target="_self">YUM</a></strong>) have weathered the recession nicely, as <a href="http://www.etftrends.com/2009/10/why-food-and-beverage-etf-is-getting-a-lift.html" target="_self">price-aware consumers</a> stop going out to sit-down restaurants. Yum Brands has continues to thrive; its third-quarter earnings rose 18% thanks to lower costs that helped the company earn a profit in both the United States and China. McDonald&#8217;s announces earnings on Thursday.</p>
<ul>
<li><strong>PowerShares Dynamic Food And Beverage (NYSEArca: <a href="http://www.etftrends.com/etf/pbj/" target="_self">PBJ</a>): </strong>up 10.8% year-to-date; Yum 4.7%; McDonald&#8217;s 4.5%</li>
</ul>
<p style="text-align: center;"><img class="aligncenter" src="http://etftrends.redinews.com/tools/C04?queryid=QJ33042&amp;symbol=pbj" alt="" /></p>
<img src="http://www.etftrends.com/?ak_action=api_record_view&id=19426&type=feed" alt="" />]]></content:encoded>
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		<title>Technology ETFs Are Hot; Will They Stay That Way?</title>
		<link>http://www.etftrends.com/2009/09/technology-etfs-are-hot-will-they-stay-that-way.html</link>
		<comments>http://www.etftrends.com/2009/09/technology-etfs-are-hot-will-they-stay-that-way.html#comments</comments>
		<pubDate>Thu, 17 Sep 2009 13:00:39 +0000</pubDate>
		<dc:creator>Tom Lydon</dc:creator>
				<category><![CDATA[All]]></category>
		<category><![CDATA[Current Affairs]]></category>
		<category><![CDATA[Sector ETFs]]></category>
		<category><![CDATA[IYW]]></category>
		<category><![CDATA[PTF]]></category>
		<category><![CDATA[QTEC]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[XLK]]></category>

		<guid isPermaLink="false">http://www.etftrends.com/?p=17537</guid>
		<description><![CDATA[ Technology has always been a way for consumers to simplify and improve their lives through new innovation, and investing in the sector through exchange traded funds (ETFs) is a great way to gain exposure to these changes. 
Technology continues to be a hot topic with investors for some of the following reasons:

Consumers love and rely [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.etftrends.com/2009/07/sector-highlight-technology-etfs.html"><img class="alignleft" style="margin: 2px 4px;" title="Technology ETFs" src="http://t2.gstatic.com/images?q=tbn:F13K5baDJApOMM:http://www.cnsx.ca/Storage.asp%3FStorageID%3D88814%26SiteLanguageID%3D1" alt="" width="90" height="82" /> Technology</a> has always been a way for consumers to simplify and improve their lives through new innovation, and investing in the sector through exchange traded funds (ETFs) is a great way to gain exposure to these changes. <span id="more-17537"></span></p>
<p><a href="http://www.etftrends.com/2009/04/is-it-time-to-look-at-technology-etfs.html" target="_self">Technology continues to be a hot topic</a> with investors for some of the following reasons:</p>
<ul>
<li>Consumers love and rely on technology, and they insist on name brands regardless of the economy; just look at sales of the newest iPhone, and we&#8217;re in a recession</li>
<li>Moody’s recently upgraded the sector to “stable”</li>
<li>NASDAQ is outperforming other indexes year-to-date; it&#8217;s up 33.3% while the S&amp;P 500 is up 16.5% and the Dow is up 10.3%</li>
<li><a href="http://www.etftrends.com/2009/06/can-semiconductor-etfs-weather-storm.html" target="_self">Semiconductor</a> and PC demand are expected to stabilize this year and then surge in 2010</li>
</ul>
<p><a href="http://online.wsj.com/article/SB125287932179806973.html" target="_self">Nat Worden for <em>The Wall Street Journal</em> suggests</a> taking a look at the <strong>SPDR Technology Select Sector (NYSEArca: <a href="http://www.etftrends.com/etf/xlk/" target="_self">XLK</a>),</strong>which is up 36% year-to-date.  XLK tracks 85 technology companies, has nearly $3.7 billion in assets and enables one to grab exposure to tech giants such as Microsoft (Nasdaq: <strong><a href="http://www.etftrends.com/etf/msft/" target="_self">MSFT</a></strong>) and Apple (Nasdaq: <strong><a href="http://www.etftrends.com/etf/aapl/" target="_self">APPL</a></strong>).</p>
<p style="text-align: center;"><img class="aligncenter" src="http://etftrends.redinews.com/tools/C04?queryid=QJ33042&amp;symbol=xlk" alt="" /></p>
<p>The <strong>iShares Dow Jones U.S. Technology Sector Index Fund (NYSEArca: <a href="http://www.etftrends.com/etf/iyw/" target="_self">IYW</a>) </strong>which is up 46.4% year-to-date and includes heavy exposure to MSFT and APPL, as well.</p>
<p style="text-align: center;"><img class="aligncenter" src="http://etftrends.redinews.com/tools/C04?queryid=QJ33042&amp;symbol=iyw" alt="" /></p>
<p>The <strong>PowerShares Dynamic Technology (NYSEArca: <a href="http://www.etftrends.com/etf/ptf/" target="_self">PTF</a>) </strong>which is up 30.7% year-to-date and includes exposure to MSFT, APPL and more.</p>
<p style="text-align: center;"><img class="aligncenter" src="http://etftrends.redinews.com/tools/C04?queryid=QJ33042&amp;symbol=ptf" alt="" /></p>
<p>The <strong>First Trust NASDAQ-100 Tech Index (NasdaqGM: <a href="http://www.etftrends.com/etf/qtec/" target="_self">QTEC</a>) </strong>which is up 62.3% year-to-date and includes equal-weighted exposure to the technology stocks that make up the Nasdaq 100.</p>
<p style="text-align: center;"><img class="aligncenter" src="http://etftrends.redinews.com/tools/C04?queryid=QJ33042&amp;symbol=qtec" alt="" /></p>
<p>For more stories on technology, visit our <a href="http://www.etftrends.com/tag/technology/page/2/" target="_self">technology category</a>.</p>
<p><em>Kevin Grewal contributed to this article.</em></p>
<img src="http://www.etftrends.com/?ak_action=api_record_view&id=17537&type=feed" alt="" />]]></content:encoded>
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		<title>Nasdaq Index, ETFs: What Lead to the Hot Streak?</title>
		<link>http://www.etftrends.com/2009/07/nasdaq-index-etfs-what-lead-hot-streak.html</link>
		<comments>http://www.etftrends.com/2009/07/nasdaq-index-etfs-what-lead-hot-streak.html#comments</comments>
		<pubDate>Fri, 24 Jul 2009 21:00:22 +0000</pubDate>
		<dc:creator>Tom Lydon</dc:creator>
				<category><![CDATA[Current Affairs]]></category>
		<category><![CDATA[Sector ETFs]]></category>
		<category><![CDATA[NASDAQ]]></category>
		<category><![CDATA[QQQQ]]></category>
		<category><![CDATA[QTEC]]></category>
		<category><![CDATA[Technology]]></category>

		<guid isPermaLink="false">http://www.etftrends.com/?p=14420</guid>
		<description><![CDATA[The tech-focused index NASDAQ and its related exchange traded funds (ETFs) had been on a gaining streak, thanks to strong earnings from technology companies for the most recent quarter.
NASDAQ has been one of the leaders in the recovery. It was the first major index, for example, to cross  its long-term trend line. Earnings from Apple [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.etftrends.com/wp-content/uploads/2009/07/pending-home-sales-upswing-300x299.jpg"><img class="alignleft size-full wp-image-14459" style="margin: 2px 4px;" title="Nasdaq ETF" src="http://www.etftrends.com/wp-content/uploads/2009/07/pending-home-sales-upswing-300x299.jpg" alt="Nasdaq ETF" width="90" height="69" /></a>The tech-focused index <strong>NASDAQ </strong>and its related exchange traded funds (ETFs) had been on a gaining streak, thanks to strong earnings from technology companies for the most recent quarter.<span id="more-14420"></span></p>
<p><strong>NASDAQ </strong>has been one of the leaders in the recovery. It was the first major index, for example, to cross  its long-term trend line. Earnings from Apple (<strong><a href="http://www.etftrends.com/etf/appl/" target="_self">APPL</a></strong>) and Intel (<strong><a href="http://www.etftrends.com/etf/intc/" target="_self">INTC</a></strong>) propelled the index even higher, leading to the index&#8217;s longest winning streak in 13 years. That streak came to an end today.</p>
<p><a href="http://marketplace.publicradio.org/display/web/2009/07/23/am_nasdaq/" target="_blank">Amy Scott for Marketplace reports </a>that <a href="http://www.etftrends.com/2009/07/tom-lydon-talks-tech-etfs-on-cnbc.html" target="_self">the technology sector has had a strong second quarter</a>, even though concerns about the broader economy still persist.</p>
<p>Technology systems are forced to constantly update their programs for efficiency, which causes businesses to follow. So even if companies cut employees, they will still place a premium on efficiency and up-to-date programs and software.</p>
<p><a href="http://www.etftrends.com/2009/04/is-it-time-to-look-at-technology-etfs.html" target="_self">Will this last</a>? Microsoft (<strong><a href="../etf/msft/" target="_self">MSFT</a></strong>)<strong> </strong>may have clouded the sunny view. The company posted a 29% drop in quarterly profit and weak sales across all of its units. This is the first full year of losses ever posted by the software giant, <a href="http://online.wsj.com/article/SB124838125495076817.html" target="_blank">explains Nick Wingfield for <em>The Wall Street Journal</em></a>.</p>
<ul>
<li><strong>First Trust NASDAQ-100 Tech Index (<a href="http://www.etftrends.com/etf/qtec/" target="_self">QTEC</a>): </strong>up 50.2% year-to-date</li>
</ul>
<p style="text-align: center;"><img class="aligncenter" src="http://etftrends.redinews.com/tools/C04?queryid=QJ33042&amp;symbol=qtec" alt="" /></p>
<ul>
<li><strong>PowerShares QQQ (<a href="http://www.etftrends.com/etf/qqqq/" target="_self">QQQQ</a>): </strong>up 32.7% year-to-date</li>
</ul>
<p style="text-align: left;"><img class="aligncenter" src="http://etftrends.redinews.com/tools/C04?queryid=QJ33042&amp;symbol=qqqq" alt="" /><br />
For more stories about technology, visit our<a href=" http://www.etftrends.com/tag/technology/" target="_self"> technology</a> category.</p>
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		<title>Obama&#8217;s Sector To-Do List May Impact ETFs</title>
		<link>http://www.etftrends.com/2008/11/obamas-sector-to-do-list-may-impact-etfs.html</link>
		<comments>http://www.etftrends.com/2008/11/obamas-sector-to-do-list-may-impact-etfs.html#comments</comments>
		<pubDate>Sun, 09 Nov 2008 09:00:12 +0000</pubDate>
		<dc:creator>Tom Lydon</dc:creator>
				<category><![CDATA[Asset Class ETFs]]></category>
		<category><![CDATA[Commodity ETFs]]></category>
		<category><![CDATA[Current Affairs]]></category>
		<category><![CDATA[Sector ETFs]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[Health Care]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[QTEC]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[VHT]]></category>
		<category><![CDATA[XLE]]></category>

		<guid isPermaLink="false">http://www.etftrends.com/?p=6140</guid>
		<description><![CDATA[President-elect Barack Obama has his work cut out for him as he enters office with the weight of financial trauma, tumbling stocks and exchange traded funds (ETFs) and a gaping deficit.
No question: there&#8217;s a lot to do. But some things are going to take priority over others.
Very few health care analysts expect the new president [...]]]></description>
			<content:encoded><![CDATA[<p><a href="None"></a><a href="None"></a><img class="alignleft alignnone size-medium wp-image-6170" style="float: left; margin: 2px 4px;" title="Obama and Exchange Traded Funds (ETFs)" src="http://www.etftrends.com/wp-content/uploads/2008/11/todo.jpg" alt="Obama and Exchange Traded Funds (ETFs)" width="152" height="133" />President-elect Barack Obama has his work cut out for him as he enters office with the weight of financial trauma, tumbling stocks and exchange traded funds (ETFs) and a gaping deficit.</p>
<p>No question: there&#8217;s a lot to do. But some things are going to take priority over others.</p>
<p>Very few health care analysts expect the new president to act upon health care issues any time soon. The Democrats are expected to abandon the Bush administration&#8217;s positions on Medicare and other issues. This could give Medicare the power to negotiate directly with pharmaceutical companies, <a href="http://www.nytimes.com/2008/11/06/business/06challenges.html?_r=2&amp;adxnnl=1&amp;oref=slogin&amp;pagewanted=all&amp;adxnnlx=1225987239-jagacFEXslHFi2y3e3XjmA" target="_blank">reports Reed Abelson for The New York Times</a>.</p>
<ul>
<li><strong>Vanguard Heath Care (</strong><a href="http://www.etftrends.com/etf/vht/" target="_blank"><strong>VHT</strong></a><strong>)</strong>, down 25.9% year-to-date</li>
</ul>
<p><strong><img class="aligncenter size-full wp-image-6171" title="Health Care ETF" src="http://www.etftrends.com/wp-content/uploads/2008/11/c0431.png" alt="Health Care ETF" /></strong></p>
<p>Like health care, the energy area may see delays as other pressing financial woes need to be dealt with first. With Obama&#8217;s leadership, the energy industry faces a shift with the emphasis on conservation and renewable power. But bigger issues, such as global warming, could once again stew on the back burner.</p>
<p>High energy costs and concerns about global warming have heightened the sense of urgency for a broad policy that tackles both the nation’s oil use and its energy-related carbon emissions, though. Expansion of offshore drilling may have shifted in Obama&#8217;s eyes as a possibility instead of remaining adamantly opposed, <a href="http://www.nytimes.com/2008/11/06/business/06challenges.html?_r=2&amp;adxnnl=1&amp;oref=slogin&amp;pagewanted=all&amp;adxn" target="_blank">reports Jad Mouawad for The New York Times</a>.</p>
<ul>
<li><strong>Energy Select Sector SPDR Fund (</strong><a href="http://www.etftrends.com/etf/xle/" target="_blank"><strong>XLE</strong></a><strong>)</strong>, down 39.5% year-to-date</li>
</ul>
<p><img class="aligncenter size-full wp-image-6172" title="Energy ETFs" src="http://www.etftrends.com/wp-content/uploads/2008/11/c0432.png" alt="Energy ETFs" /></p>
<p>Obama has endorsed the industry’s call for raising the number of H-1B temporary work visas, which are available now to only 65,000 skilled foreign engineers each year, all of which are claimed within minutes. The major challenge right now is public sentiment that foreigners are taking American&#8217;s jobs at a time when unemployment is rising rapidly, <a href="http://www.nytimes.com/2008/11/06/business/06challenges.html?_r=2&amp;adxnnl=1&amp;oref=slogin&amp;pagewa" target="_blank">reports Matt Richtel for The New York Times</a>.</p>
<p>Meanwhile, the tech industry will call upon the new president for things such as net neutrality, policies to spread high speed Internet access, and step up broadband penetration to higher standards. They hope he will be committed to his stated support of certain issues affecting their industry.</p>
<ul>
<li><strong>First Trust NASDAQ 100 Technology Sector (</strong><a href="http://www.etftrends.com/etf/qtec/" target="_blank"><strong>QTEC</strong></a><strong>)</strong>, down 43.8% year-to-date</li>
</ul>
<p><strong><img class="aligncenter size-full wp-image-6173" title="Technology ETF" src="http://www.etftrends.com/wp-content/uploads/2008/11/c0433.png" alt="Technology ETF" /></p>
<p></strong></p>
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		<title>The U.S. Is Not Where It&#8217;s At When It Comes to Tech ETFs</title>
		<link>http://www.etftrends.com/2008/07/the-us-is-not-where-its-at-when-it-comes-to-tech.html</link>
		<comments>http://www.etftrends.com/2008/07/the-us-is-not-where-its-at-when-it-comes-to-tech.html#comments</comments>
		<pubDate>Fri, 18 Jul 2008 21:00:43 +0000</pubDate>
		<dc:creator>Tom Lydon</dc:creator>
				<category><![CDATA[Global ETFs]]></category>
		<category><![CDATA[Sector ETFs]]></category>
		<category><![CDATA[IXN]]></category>
		<category><![CDATA[QQQQ]]></category>
		<category><![CDATA[QTEC]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[XLK]]></category>

		<guid isPermaLink="false">http://www.etftrends.com/?p=3890</guid>
		<description><![CDATA[The Cubes exchange traded fund (ETF) is getting socked by downbeat news from the technology sector. Maybe it just needs two turntables and a microphone.
First, Google (GOOG) came out with earnings that were lower than expected. Then Microsoft (MSFT) missed earnings forecasts by a penny. The earnings seemed to signal that our slowing economy was [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.etftrends.com/wp-content/uploads/2008/07/beck300.jpg"><img class="alignleft alignnone size-medium wp-image-3891" style="margin: 2px 4px; float: left;" title="beck300" src="http://www.etftrends.com/wp-content/uploads/2008/07/beck300.jpg" alt="" width="152" height="152" /></a>The Cubes exchange traded fund (ETF) is getting socked by downbeat news from the technology sector. Maybe it just needs two turntables and a microphone.</p>
<p>First, Google (<a href="http://finance.yahoo.com/q?s=goog" target="_blank"><strong>GOOG</strong></a>) came out with earnings that were lower than expected. Then Microsoft (<a href="http://finance.yahoo.com/q?s=msft" target="_blank"><strong>MSFT</strong></a>) missed earnings forecasts by a penny. The earnings seemed to signal that our slowing economy was weighing on demand for computer-related products, <a href="http://www.bloomberg.com/apps/news?pid=20601087&amp;sid=aKTuPXIZWxsk&amp;refer=home" target="_blank">says Vivek Shankar for Bloomberg</a>.</p>
<p>Google&#8217;s slide raises concern that spending is falling in the online advertising market, which they dominate. Microsoft dominates the software industry, where spending seems to have tapered off as well.</p>
<p>Companies that get a majority of their revenue outside the United States, such as Intel (<a href="http://finance.yahoo.com/q?s=intc" target="_blank"><strong>INTC</strong></a>), have fared better. Intel&#8217;s earnings reports this week surpassed analyst estimates. Google gets half of its revenue in the United States, while Microsoft gets 60% of its revenue domestically. This strength doesn&#8217;t appear to be enough to boost the global technology ETF, however, particularly because Intel is not as strongly weighted in it as Google and Microsoft happen to be.</p>
<p>The technology ETFs trading lower on the news include:</p>
<ul>
<li><strong>PowerShares QQQ (<a href="http://finance.yahoo.com/q?s=qqqq" target="_blank">QQQQ</a>): </strong>down 10.8% year-to-date; Google is 4.9%; Intel is 2.7%; Microsoft is 5.2%</li>
<li><strong>Technology Select Sector SPDR (<a href="http://finance.yahoo.com/q?s=xlk" target="_blank">XLK</a>):</strong> down 15.1% year-to-date; Google is 5.5%; Intel is 5.5%; Microsoft is 9.2%</li>
<li><strong>First Trust Nasdaq-100 Technology Sector Index Fund (<a href="http://finance.yahoo.com/q?s=qtec" target="_blank">QTEC</a>):</strong> down 10.1% year-to-date; Google is 2.9%</li>
<li><strong>iShares S&amp;P Global Technolgy Report (<a href="http://finance.yahoo.com/q?s=ixn" target="_blank">IXN</a>): </strong>down 12.4% year-to-date; Google is 4.6%; Intel is 4.7% and Microsoft is 8.3%</li>
</ul>
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