Six of the best US ETFs
14 Aug 17
Passive funds have enjoyed a stellar time in the US as valuations ride higher and higher. Here, IG Group’s Oliver Smith looks at the six best ETFs to access booming US markets.
5) PowerShares EQQQ NASDAQ
For a “purer” exposure to technology companies, Smith raises the PoweShares ETF as a contender.
At a time when tech accounts for 23% of the S&P 500, it’s a proposition for those wanting greater exposure to the sector.
Smith said: “The top holdings are quite concentrated, with Apple, Microsoft, Amazon, Facebook and Alphabet (previously known as Google) accounting for 43% of the index.
“The ETF is very liquid and trades with a tight average bid-ask spread of just 0.07%.”
Tags: ETF | Investment Strategy | Passive Investing | US
