This Tech ETF Will Expose You to Solid Companies With Less Risk
Tech stocks got crushed in 2022, with the Nasdaq Composite, a proxy for the sector, falling more than 33%. But with inflation showing signs of cooling and the bulk of the Federal Reserve's interest rate hikes potentially in the rearview, it is possible that tech will rebound at some point.
Still, investors will likely have some reservations after a difficult year in 2022 and may not be ready to dive back into the sector headfirst just yet. By their very nature, exchange-traded funds (ETFs) are generally less risky than individual stocks because these vehicles hold a basket of stocks.
But many ETFs overly exposed to the tech sector struggled greatly last year. Here's one that soundly beat the broader tech sector last year and offers a good way for investors to get good tech exposure with less risk.
Source Fool.com
