2 tech ETFs generating big returns // Motley Fool Australia

This article is about two technology exchange-traded funds (ETFs) that are generating big returns.

What is an ETF?

I’ve already linked to a lengthy article covering ETFs, but in summary it’s an investment vehicle that allows you to buy lots of businesses (or other assets) through a single investment, rather than needing to buy dozens or hundreds of businesses individually yourself.

Here are the tech funds

Betashares Nasdaq 100 ETF (ASX: NDQ)

BetaShares explains that the NASDAQ-100 comprises 100 of the largest non-financial companies listed on the NASDAQ market, and includes many companies that are at the forefront of the new economy.

Many people use one or more of the services of the ‘FAANG’ shares – Facebook, Apple,…