Technology exchange-traded funds (ETF) are those ETFs which invest in the stocks of companies that belong to the technology sector. These ETFs may also invest in related financial securities (like futures and options) which are based on similar technology stocks or popular market index which are specific to the technology sector. In today's world, 'technology' has become a very generic term. It includes not only computer software and hardware, but also extends to driver-less cars, smartphones, Internet of Things (IoT), semiconductors, chips and processors, cloud computing and hosting services, blockchain and cryptocurrencies, technology consultancy firms, finance and payment processing companies, artificial intelligence, social media, mobile and PC gaming, and the likes. Explore the List of Blockchain ETFs. Following is the list of all 98 exchange-traded funds that FKnol has in its database for ETFs which belong to the Technology category:
The Global X Future Analytics Tech ETF tracks a market-cap-weighted index of developed-market equities involved in artificial intelligence & big data. ...Detailed Profile Dividend Frequency: Annually Dividend History
The ARK Industrial Innovation ETF is an actively managed fund with a broad mandate to invest in companies that its managers identify as benefiting from automation and other technological advancements. ...Detailed Profile Dividend Frequency: Annually Dividend History
The ARK Web x.0 ETF is an actively managed fund with a broad mandate to invest in companies its managers have identified as benefiting from an infrastructure shift away from hardware and software toward cloud and mobile. ...Detailed Profile Dividend Frequency: Annually Dividend History
A lot of variety is available for technology ETFs. It includes investment of investors' money into regional technology companies, like those operating in America, China, developed markets or on a global basis. Other variants of technology-sector ETFs include investment based on a particular subsector of technology - like hardware, software, cloud services, smart cars or robotics technology. One may even find socially responsible ETFs (list) in the technology sector, as there are concerns being raised about the increased carbon footprint getting generated by technology providers. For investors looking for regular income from technology sector, there are ETFs which attempt to pay regular dividend. The long list of tech sector ETFs include those which belong to active investment and passive investment themes. For instance, if a ETF fund manager employs his own research team to pick and choose technology sector stocks to invest in, that will fall under the active investment category. The ETFs which simply track a particular index, in this case any technology sector-specific benchmark market index, will constitute the passive investment theme based ETF. One must note that actively managed ETFs are typically more costly compared to passive managed ETFs, and that gets reflected through the expense ratio.
Where do Technology ETFs Invest?
A long list of companies and different financial instruments exist where the Technology exchange-traded funds may invest the money collected from the ETF investors. Below is a small sample of companies whose stocks may qualify for investment by Technology ETFs, though there can be many more businesses and financial instruments where these ETFs can park the capital for returns:
▶ Cisco Systems Inc. (CSCO): Cisco Systems, Inc. (Cisco), incorporated on December 10, 1984, designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. ....Detailed Company Profile....Dividend History
▶ ServiceNow, Inc. (NOW): ServiceNow, Inc., incorporated on February 16, 2012, is provider of enterprise cloud computing solutions that define, structure, manage and automate services for global enterprises. The Company offers a set of ....Detailed Company Profile....Dividend History
▶ Autodesk Inc (ADSK): Autodesk, Inc. (Autodesk), incorporated on May 10, 1994, is a design software and services company, offering customers productive business solutions through technology products and services. The Company serves customers in ....Detailed Company Profile....Dividend History
▶ Electronic Arts (EA): Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. The company develops and publishes games a....Detailed Company Profile....Dividend History
▶ Salesforce.com (CRM): Salesforce.com, inc., incorporated February 3, 1999, is a provider of enterprise software, delivered through the cloud, with a focus on customer relationship management (CRM). The Company focuses on cloud, mobile, ....Detailed Company Profile....Dividend History