Apple, Microsoft, Amazon, Facebook, Netflix, Alphabet, Tesla, Berkshire Hathaway, JP Morgan Chase, and Johnson & Johnson are among the top holdings in the SPDR S&P 500 Trust ETF (SPY).
What ETF has the most Tesla holdings?
Six ETFs with a double-digit exposure to Tesla that could be attractive selections to tap Tesla’s trillion-dollar trip have been highlighted.
This is an actively managed ETF that seeks concentrated exposure to the leader in autonomous driving technology while also providing opportunities to enhance the concentrated exposure. With a 25% stake in Tesla, it is substantially exposed to the stock and call options. The fund, which charges investors 0.95 percent in yearly fees, aims to improve its performance during Tesla’s wild swings. It has amassed $1.9 million in assets and trades 1,000 shares on a daily basis on average (read: Chip Crunch Hit US Auto Sales in Q3: ETFs, Stocks in Focus).
This is an actively managed ETF that seeks long-term capital growth by investing in companies that benefit from the development of new products or services, as well as technological advancements and advances in scientific research in the areas of energy, automation and manufacturing, materials, and transportation. This method yields a basket of 37 equities, with TSLA at the top with an 11.3 percent market share. The product has a $2.6 billion asset base and costs 75 basis points per year in fees. On a daily basis, it trades in a volume of 270,000 shares.
This is an actively managed fund that focuses on firms that are likely to gain from the move in technological infrastructure to cloud-based infrastructure, which will enable mobile, innovative, and local services. The fund has 43 stocks in its portfolio, with Tesla holding the top spot at 10%. The ETF has a $5.5 billion asset base and costs yearly fees of 79 basis points. It has a daily average volume of 633,000 shares (read: Here’s Why Internet ETFs Are Hot).
This is an actively managed fund that invests in firms that profit from new product or service development, technical breakthroughs, and scientific research advances. The fund has 45 stocks in its portfolio, with Tesla holding the top spot with a 10% stake. The product has a $21.5 billion asset base and charges investors 75 basis points per year in fees. On a daily basis, it trades 5.2 million shares on average.
What exactly is the IBUY ETF?
The Amplify Online Retail ETF (IBUY) intends to track the price performance of the EQM Online Retail Index before fees and costs. The Index is an internationally diverse collection of publicly traded companies that generate 70% or more of their income through online or virtual sales.