As the Piper Jaffray Chart indicates, technology is usually a good Q4 bet and it looks like investors believe that will be the case again this year as the Technology Select Sector SPDR (NYSEArca: XLK) has raked in $436 million in assets since the start of October. [Icahn and Apple ETFs]
The PowerShares Dynamic Media Portfolio (NYSEArca: PBS) could be another fourth-quarter winner given the tendency of media stocks to perform well in the final quarter of the year. PBS has surged over 42% this year, but the idea of media stocks topping the broader market is not new. Over the five years ending September 30, the Dynamic Media Intellidex Index, the underlying index for PBS, is up 20% or double the returns of the S&P 500 over the same time, according to PowerShares data.
PowerShares Dynamic Media Portfolio
ETF Trends editorial team contributed to this post.