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MarketBeat
MarketBeat
Business
Ryan Hasson

The Nasdaq Nears a Major Breakout: 5 Tech ETFs to Play the Move

The technology sector is knocking on the door of a major move. The Nasdaq-100, which tracks 100 of the largest non-financial companies listed on the Nasdaq, is pressing up near its all-time high after breaking out of a multi-month consolidation. If it clears that level and follows through, it could mark the start of a fresh leg higher for the group that has driven much of this bull market.

Not everyone, though, wants to be a stock picker. Choosing individual winners takes time, research, and a stomach for single-stock volatility, and plenty of investors would rather gain exposure to the theme without betting the farm on any one name. That is exactly what exchange-traded funds (ETFs) are built for. An ETF bundles dozens of stocks into a single basket and ticker, spreading risk while still capturing the trend for a specific theme, sector, or sub-industry. And for those looking to ride a potential technology breakout without picking individual stocks, here are five tech-focused ETFs, each offering a different angle on the same powerful theme.

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