Name: Technology is dominating the stock market
Uploaded: 2017-11-15T05:07:29.000Z
Duration: 1 min 1 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Earlier I spoke to Fidelity's Matt Goulet on trends and ETFs.

Technology is a huge part of the market today.

Adverbs of manner

I look back and technology was only 12 or 13 percent of the market back in 2002.

So technology has been really driving the whole market up.

Not a lot of losses there, but what we see going on is, in that space, we believe in active management,

we have people who use the mutual funds and they had a great year of performance picking stocks.

But we also see investors who want the ETF again for the tax efficiency.

And when they use the ETFs for technology exposure, they can get a broad sector exposure for eight basis points.

So Fidelity offers a technology ETF ticker FTC that has eight basis expense ratio and trades commission free.

But we also see people using more industry level exposures.

I mentioned this before, but cybersecurity, some of these more granular and niche markets

you can get an ETF for quick access in the technology sector.