The Nasdaq 100 index has entered correction territory, dropping 10.5% after reaching a recent peak. Technology stocks have been integral to the stock market's growth, largely driven by a small group of dominant companies. To achieve greater sector diversity, investors can turn to ETFs focusing on technology. Among the options, the Vanguard Information Technology ETF stands out due to its low fees and extensive portfolio of over 300 tech firms, which allows investors to capitalize on the industry's strengths without excessive costs.
The Vanguard Information Technology ETF (VGT) is one of the best tech ETFs for your portfolio, thanks to its low expense ratios that allow more of your money to work.
Investors looking for exposure to the tech sector would do well to buy a tech ETF to target the industry broadly, as not all are created the same.
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