Nov 3, 2016, 3:09 pm EDT | By Kyle Woodley, InvestorPlace Managing Editor
As 2016 starts to close and we start investing with a head toward 2017, one of the most obvious plays in the market is … well, one of the most obvious plays of at least the past couple of decades: tech stocks.
But as we’ve seen thanks to big momentum moves by the likes of Twitter Inc (NYSE:TWTR), Amazon.com, Inc. (NASDAQ:AMZN), Netflix, Inc.(NASDAQ:NFLX) and more, dabbling in single-name tech stocks can be perilous. That doesn’t mean you shouldn’t do it — that’s what the aggressive allocation of your portfolio is for. But it does mean that if you’re looking to get broad exposure to tech stocks, you would do well to also invest in one or two of the best exchange-traded funds that focus on the space.
ETFs are a great solution for trying to invest in anything from whole sectors to industries to trends like the internet of things or artificial intelligence. That’s because they grant you exposure to a number of players, meaning you don’t have to necessarily guess the one or two best stocks in the space. And the best ETFs allow you to do this for next to nothing in annual expenses.
As we turn the clock forward to 2017, here’s a look at five of the best ETFs that invest in tech stocks.