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The portfolio of the Invesco QQQ ETF (QQQ) mirrors the Nasdaq-100 index, but only around 70% of its value is in tech stocks. The Vanguard Information Technology ETF (VGT) is a pure tech play and has produced better returns during the AI rally.
One Vanguard ETF with a nine-basis-point fee has quietly compounded money at a pace most active managers envy, but the same concentration that drives those returns could just as easily unwind them during the current semiconductor boom.
Even with rising earnings, memory stock prices may have gone up too far, too fast. The iShares Semiconductor ETF has fallen 20% from its June 22 all-time high.
The Vanguard Information Technology ETF and the Vanguard Energy ETF are broad but very top-heavy. A booming chip industry has fueled the tech fund, and the energy ETF has benefited from oil supply shocks.
Artificial intelligence has been one of the predominant forces moving markets over the past several years.
The Vanguard Information Technology ETF has a 10-year average annual return of 25%. It's also returned 15% per year since its inception.
I was satisfied with the tech and AI exposure in my portfolio. Here's why I decided to overweight them even further.
Dollar-cost averaging into these four Vanguard ETFs could help you build long-term wealth.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.