T. Rowe Price Technology ETF

TTEQ

Valor de mercado US$ 455 mi

At a time when the top 10 stocks in the S&P 500 make up 35 to 40% of the index by weight, and many of those names are in tech, it's fair for investors to ask how much more tech their portfolios can hold.

Active ETFs have exploded in popularity in recent years, driving more and more ETF launches overall. Despite their comparatively smaller overall AUM among ETFs, they've gathered an outsized amount of flows.

Software and IT services appear undervalued relative to 11-year averages, while other subsectors remain overvalued. T Rowe Price Technology ETF (TTEQ) offers broad tech sector and global exposure, but its short track record, high fee and average performance limit conviction. Eight tech stocks cheaper than their peers in September.

Most of the attention in the artificial intelligence (AI) trade goes to chipmakers and cloud giants. However, T.

Anthropic's preliminary second-quarter results reignited enthusiasm across the artificial intelligence sector, lifting semiconductor stocks 1% on Monday despite broader tech sector declines. Q2 revenue topped $11.5 billion — a 14x surge year-over-year and more than 2x last quarter's figures.

Tech ETF investing has come a long way from the days of tech sector mutual funds in the early aughts. The ETF wrapper's flexibility, transparency, and tradability have made it a great tool for asset managers innovating and improving on the tech fund template.

Every investor hopes their ETFs will outperform. Finding one that has done so over multiple time frames can make a big difference.

Thousands of drifting light particles resolve into flowing patterns inside a new installation at the Oculus in Lower Manhattan. T. Rowe Price says the 10-foot-tall, 37-foot-wide piece mirrors how its active ETF managers work.

Wall Street's AI trade is expanding beyond the Mag-7. Discover emergent players and the ETFs best positioned to benefit.

AI stocks, those equities either from AI pioneers or firms poised to benefit from that innovation, have driven stock market and portfolio performance for months and months and months. Investors have largely benefitted, but as AI stocks enter a new phase, it could be time to refresh portfolios.