technology etfs

The Best Technology ETF to Profit from a Global $575 Billion Problem

technology etf

We alerted readers to one of tech's newest and best profit opportunities in early February. And seemingly every week, we see another screaming "buy" signal for this top investment.

The investment is a technology ETF that focuses on one of the most important and fast-growing industries today: cybersecurity.

This week's buy signal came when the White House acknowledged that Russian hackers penetrated parts of the White House's computer system in recent months.

Will Apple Inc. (NASDAQ: AAPL) Keep Driving Technology ETFs Higher?

Despite the recent selloff, shares of Apple Inc. (NASDAQ: AAPL) have skyrocketed 48% in the first quarter, dwarfing the 12% gain posted by the S&P 500.

Apple's astonishing rise has also helped to underpin the Nasdaq Composite, which gained nearly 19% in the first quarter -- its strongest showing since 1991.

But that's not the only place to experience the "Apple Effect."

Many investors who own technology ETFs -- which hold almost 4% of all Apple shares outstanding -- were rewarded with even better returns.

For instance, theVanguard Information Technology ETF (NYSE: VGT) was up 20.85% in the first quarter.

Even better, the iShares Dow Jones U.S. Technology Index Fund (NYSE: IYW), was up 21.77%, thanks in part to Apple.

Now the question is: Can Apple's momentum continue to drive technology ETFs higher?



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