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murzark
post Feb 18 2021, 04:58 PM

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QUOTE(rexus @ Feb 18 2021, 12:37 PM)
I was looking at VGT as well seeing as the top holdings of VTI and QQQ has a higher similarities compared to that of VGT.

AMZN and TSLA seems to be two heavyweight omitted from VGT as well. Wouldn't be missing TSLA too much since I have ARKK.
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VGT does not have Amazon, Facebook, Google and Netflix. I think Vanguard put those companies in another ETFs.

QQQ has all FAANG.

If you are looking for FAANG heavy ETFs, you can look at IGM and IYW.
IGM is interesting because they have something like where they cap max weight to ~8.5%, to avoid those gigantic market cap companies (i.e. Microsoft and Apple) from dominating the holdings.

Although the expense ratio is a bit high. IGM is 0.48% and IYW is 0.44%. Might not be for you.
murzark
post Feb 18 2021, 07:11 PM

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QUOTE(rexus @ Feb 18 2021, 07:05 PM)
You're right. Just realised there's a couple more big names left out from VGT.

Expense ratio for IGM and IYW is in fact bit too high for my liking (irony in my having ARKK).

Are you in on IGM/IYW?
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Funny thing. I already bought VGT before I had found IGM/IYW. haha.
So, no I don't have IGM or IYW in my portfolio.

VGT is still very good though, very low expense ratio. But looking at its holding, Apple and Microsoft are so overweight that together they are at ~37% of NAV. lol.
Maybe it's not a bad thing. Apple and Microsoft both are very solid companies IMO.

My current portfolio is QQQ, VGT, SOXX, ARKF.

This post has been edited by murzark: Feb 18 2021, 07:14 PM

 

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