Several years back, during the high-growth and "risk on" days where tech was king, pundits commonly used the FANG acronym as a stand-in for the high flying companies of the day – Facebook, Amazon, Netflix ( NFLX) and Google. Moving even further away from diversification, the MicroSectors FANG+ ETN ( FNGS, $32.37) is a unique offering that allows investors to play a short list of leading technology companies. Learn more about VGT at the Vanguard provider site. So if you want a simple and easy way to play the broad trends in technology then VGT might be your best bet. VGT is by far the largest of the technology ETFs on Wall Street, more than three times larger than its closest peer. That said, there are still more than 360 other positions in this tech fund. Keep this in mind if you're looking to play the tech sector, since the performance (or underperformance) of one of these top stocks could have outsized influence on the movement of this ETF. This is because the Vanguard Information Technology ETF weights its individual stocks by their respective sizes. Interestingly enough, VGT is even more top-heavy on the trillion-dollar Dow stocks, with some 40% of assets dedicated to Apple and Microsoft. The big difference here is that this Vanguard ETF is wholly dedicated to tech stocks with 100% of the portfolio in that sector. And at an annual expense ratio of just 0.10%, it's one of the best tech ETFs for affordability. With $51 billion in assets, it's also incredibly liquid and established. VGT has many of the same benefits as QQQ, including an outsized focus on Big Tech icons like Apple and Microsoft. The Vanguard Information Technology ETF ( VGT, $422.53) is a heavily diversified, but still dedicated tech-sector fund. Learn more about QQQ at the Invesco provider site. And the Invesco QQQ Trust is one of the most popular and liquid tech ETFs, so you'll be in very good company. You'll still get a smattering of stocks in various other sectors, but if you want to lean into technology via a diversified ETF instead of a laser-focused sector fund, then the QQQ is worth a look. This includes digital companies like Google parent Alphabet ( GOOGL) that technically falls into that bucket rather than traditional tech. Furthermore, the next largest sector is communication services at 17% or so. In fact, these three blue chip stocks alone account for more than 30% of the entire portfolio. And, unsurprisingly, technology accounts for nearly 60% of QQQ via several trillion-dollar Nasdaq-listed companies like Microsoft ( MSFT), Apple ( AAPL) and ( AMZN). This massive index fund is benchmarked to the Nasdaq-100, a group of the largest companies that are listed on this innovative exchange. Though not technically a dedicated technology fund, the sheer size of the Invesco QQQ Trust ( QQQ, $354.84) makes it worth a look. Expenses: 0.20%, or $20 annually for every $10,000 invested. Assets under management: $192.4 billion.
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