KLDW holds nearly 340 stocks, none of which command a weight in excess of 0.3%. Technology is the ETF’s largest sector weight at 21% followed by consumer discretionary and industrials, each at 19%. Healthcare and materials stocks combine for 28% of KLDW’s weight.
“In addition, KLDW delivered greater total return and alpha than all five of the top benchmark indexes tracked by the largest international core equity ETFs over 2 years, as of 9/30/17. These included the FTSE Developed Index, the FTSE Developed ex-US All Cap Index, the MSCI World Index, the MSCI All Country World Index, and the MSCI EAFE Index,” according to Knowledge Leaders.
Well-known holdings in KLDW include Apple Inc. (NASDAQ: AAPL), Facebook Inc. (NASDAQ: FB) and Intel Corp. (NASDAQ: INTC).
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Tom Lydon’s clients own shares of Apple and Facebook.