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

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

 

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