Traditionally, tech companies have not considered paying back their investors. Instead, many firms opted to reinvest cash back into the company or buy back stocks.
SEE MORE: Tech ETFs with Exposure to Hardware, Internet Segments
The Fidelity NASDAQ Composite Index ETF (NasdaqGM: ONEQ) deserves a place in the conversation. After all, ONEQ is the Nasdaq Composite tracking ETF. That means ONEQ offers a much deeper bench than Nasdaq-100 ETFs as the Fidelity offering is home to 1,924 stocks and does not exclude financial services names as do its Nasdaq-100 rivals.
For more information on technology ETFs, visit our Technology category.
PowerShares QQQ
Tom Lydon’s clients own shares of QQQ.