This specialized ETF tracks an index of companies that are engaged in the electronics-based segments of the technology world. This includes firms involved in the following industries; computers, software, hardware, and semiconductors just to name a few. Thanks to this focus, the fund provides targeted exposure to some of the smaller names in the tech sector that are often left out-- or receive much smaller allocations-- of other, more broadly based funds such as IXN. Due to this, the fund could be a solid pick for investors seeking more granular exposure to a often forgotten corner of the industry. However, it should be noted that the fund does only 36 securities in total suggesting that diversification may not be very thorough within the product, even though no one company makes up more than 4% of the fund's total assets. So while this fund may be appropriate for those seeking to make a targeted play on this corner of the tech sector, it shouldn't be used by those trying to construct a long-term buy and hold portfolio as these investors should look to a more broad based fund instead.
The adjacent table gives investors an individual Realtime Rating for MTK on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Technology Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This ETF is not currently available for commission free trading on any platforms.
There are 7 other ETFs in the Technology Equities ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of MTK relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
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