These 11 funds have performed as well as tech stocks over the past 5 years

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Morningstar data reveals the funds outside of tech and growth sectors that have outperformed over the last five years.

Tech stocks have dominated market gains in recent years. In fact, the S & P 500 Equal Weight Information Technology index has had a 12.5% annualized five-year return from July 2019 – widely outpacing other sectors such as consumer staples, energy and financials. Still, the tech sector faces an uncertain future.

" Top holdings include Darling Ingredients, which turns food waste into sustainable products, among other services; renewable energy firm Ormat; agribusiness firm Bunge; and medical and industrial products maker Danaher. Global X Lithium and Battery Tech ETF : The ETF comprises lithium producers and lithium battery makers — all essential to electric vehicles. Top holdings include Albemarle, Samsung SDI and CATL.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines