Shares of Apple Inc. (NASDAQ: AAPL) are down nearly 9 percent year-to-date, and that is enough to give some investors pause about investing in the technology sector and its relevant exchange-traded funds. Actually, even the ETFs with massive weights to Apple are holding up pretty well.
For example, the Technology SPDR (ETF) (NYSE: XLK), the largest technology sector ETF by assets, is up 3.7 percent year-to-date. That is no small feat when considering XLK's almost 12.7 percent Apple allocation, which makes the stock nearly 300 basis points more significant within XLK than the ETF's second-largest holding.
Some Tech ETFs Step Ahead
That is to say, investors could be doing very well by embracing a technology ETF with scant Apple exposure such as the Guggenheim Invest S&P ...
/www.benzinga.com/trading-ideas/long-ideas/16/06/8147761/talk-tech-with-this-etf alt=Talk Tech With This ETF>Full story available on Benzinga.com
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