About VGT ETF
ETF Name: Vanguard Information Technology ETF (VGT)
Sector: VGT has invested 100% of its assets in Technology.
Geography: VGT has invested 100% of its assets in the US.
Fund Manager Name: Vanguard
ETF Description: VGT invests in an index of market cap weighted technology companies. VGT includes credit card firms but excludes telecoms. Three securities make up 25% of the fund, whereas 54% of assets go to the top ten even though the fund holds over 425 securities in total.
What ETFdb says about it:
Why is that Kristal there: A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. VGT is one of the largest and most liquid funds in its segment, making it easy to trade both small and large positions, and has one of the lowest fee. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.
Fund Manager Description: Founded in 1975, Vanguard is the second largest asset manager in the world managing $5.1T. It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock iShares.
More Information:
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