Have you ever found yourself holding the wrong technology stock at the wrong time, and ending up taking a big loss as a result? If so, you're not alone. Many of these companies' stories are intoxicating, but their fiscal realities don't always justify the bullish buzz.

There's a good alternative for anyone looking to avoid making this same mistake twice. Exchange-traded funds, or ETFs, offer their owners built-in diversification that makes them much less volatile. Here's a closer look at three of these smart alternatives to erratic tech stocks.

The name says it all. Built to mirror the S&P 500 Low Volatility High Dividend Index, the Invesco S&P 500 High Dividend Low Volatility ETF (NYSEMKT: SPHD) holds fifty S&P 500 stocks with a history of high dividend yields and -- you got it -- low volatility.

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Source Fool.com