
"The tech sector has been getting a tad too turbulent for many of late. With soaring geopolitical uncertainties finally catching up with the market, fuelling one of the worst down days in a few months, tech investors might have a chance to pick up their favorite AI stocks at a nice markdown. Of course, the Magnificent Seven were dragged down, perhaps more viciously than the rest of the market."
"And while the Mag Seven might have what it takes to pick up again, it looks like their leadership has stalled, and, with that, it might be time to consider other options out there for investors looking for a new class of tech winners. In this piece, we'll look at tech ETFs that provide broader exposure well beyond the Mag Seven."
"Let's start with the JPMorgan US Tech Leaders ETF ( NYSEARCA:JTEK), which has to be viewed as one of the more premier active tech ETFs out there. It's an active ETF and one that's not that expensive with a competitive 0.65% expense ratio. Add the JPMorgan brand into the equation, and the tech ETF is one of the bigger standouts, especially for investors looking to shift gears from passive (let's say the Nasdaq 100) to active."
Rising geopolitical uncertainty has increased tech-sector turbulence and produced one of the worst down days in months, creating buying opportunities for AI-focused stocks at depressed prices. The Magnificent Seven were pulled down more sharply than the broader market, and their leadership appears stalled, prompting consideration of alternative winners. Broader tech ETFs can offer exposure beyond mega-cap concentration as new sub-$1 trillion companies emerge. JPMorgan US Tech Leaders ETF (NYSEARCA:JTEK) is an actively managed, competitively priced option with a 0.65% expense ratio that blends some large-cap holdings with smaller companies under $50 billion, including Take-Two Interactive ahead of its GTA VI catalyst.
Read at 24/7 Wall St.
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