For those who don’t like picking out individual stocks, consider investing in an ETF.
Technology Select Sector SPDR (NYSEArca: XLK). XLK tries to reflect the performance of publicly traded equities of companies in the technology economic sector. The fund invests at least 95% of assets in companies of the tech sector including industries from internet and IT services, software, computers, peripherals, electronics, semiconductor equipment and telecommunications.
Top holdings include: Microsoft Corporation (NASDAQ: MSFT) 10.29%, Apple Inc. (NASDAQ: AAPL) 8.3%, International Business Machines (NYSE: IBM) 7.51%, AT&T Inc. (NYSE: T) 7.23% and Google Inc. (NASDAQ: GOOG) 6.53%.
iShares Dow Jones U.S. Technology (NYSEArca: IYW). IYW tries to reflect the performance of the Dow Jones U.S. Technology Index. The fund invests holds a minimum of 90% of assets in securities of the underlying index and depositary receipts representing securities of the underlying index. The remainder of the assets are invested in securities that will help the fund track the underlying index.
Top holdings include: Microsoft Corporation (NASDAQ: MSFT) 12.07%, Apple Inc. (NASDAQ: AAPL) 9.37%, International Business Machines (NYSE: IBM) 8.71%, Cisco Systems Inc. (NASDAQ: CSCO) 6.97% and Google Inc. (NASDAQ: GOOG) 7.46%.
For more information on the tech sector, visit our technology category.
Max Chen contributed to this article.