Investors have been increasingly seeking out passive managed ETFs that provide low costs, flexibility, and transparency and offer options for long-term investors.
An excellent broad-based ETF can give you exposure to all sectors, but looking into some sector ETFs like technology can offer more options to add to a portfolio.
VGT has amassed assets over $51 billion, making it the largest ETF striving to match the technology sector's performance.
VGT: Vanguard Information Technology Index Fund ETF
What makes VGT a great ETF is the low costs that are associated with it and the impressive 10-year average. VGT will be a great addition to a portfolio to add more concentration to tech stocks.
According to ETF.com, it is one of the most traded ETFs on the market. QQQ is a large liquid ETF that is composed of great growth companies like Apple (AAPL), Amazon (AMZN), and Microsoft (MSFT).
Out of the top semiconductor ETFs, SMH has the best returns in 3- and 15 year periods. These periods also have had a better average than VOO and QQQ, with an average return of 18.1% over 15 years.