Choosing the right exchange-traded fund for you means searching through a long ETF list of candidates – which is why we cut down the list to three solid picks for you today.
Why is the Nasdaq outperforming?
"For its part, the Nasdaq is much more a growth story," Money Morning Defense and Tech Specialist Michael A. Robinson said last month. "It's brimming with younger, more aggressive firms in growth fields like biotech, the mobile revolution, cloud computing, Big Data, and the connected car."
When compared to the S&P, Robinson found:
- Over the past year, the Nasdaq wins by 62%, with 15.3% profits compared to the S&P's 9.4%.
- Over the past two years, the Nasdaq wins by 57%, with 51.8% profits compared to the S&P's 33%.
- Over the past five years, the Nasdaq wins by 35%, with 99% profits compared to the S&P's 73%.
Robinson believes "all the elements are in place for tech stocks to continue beating the overall market for the rest of 2015 and in the foreseeable future."
That's why he says investors who don't want to settle for the stock market's middling returns must invest in technology.
What better way to get started than a technology ETF list with three of our favorite picks. Each one will rise from its high-growth holdings and let investors get a piece of tech's best profits.