The Technology sector ranks sixth out of the 11 sectors as detailed in our 3Q24 Sector Ratings for ETFs and Mutual Funds report. Last quarter, the Technology sector ranked sixth. It gets our Neutral rating, which is based on an aggregation of ratings of the 603 stocks in the Technology sector as of July 11, 2024. See a recap of our 2Q24 Sector Ratings here.
Figures 1 and 2 show the five best and worst rated ETFs and mutual funds in the sector. Not all Technology sector ETFs and mutual funds are created the same. The number of holdings varies widely (from 22 to 439). This variation creates drastically different investment implications and, therefore, ratings.
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