5 Safer Ways to Buy AAPL Stock

These ETFs offer diversification, but still hold a huge chunk o' Apple

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5 Safer Ways to Buy AAPL Stock

iShares U.S. Technology ETF (IYW)

iShares185 5 Safer Ways to Buy AAPL StockAAPL Stock Weight: 17.95%

The iShares U.S. Technology ETF (IYW) is the biggest hoarder of AAPL stock, with nearly a fifth of the whole darn fund invested in the maker of iPhones and iPads.

The IYW — a fairly popular ETF at nearly $3 billion in assets — is tethered to the Dow Jones U.S. Technology Index, a market cap-weighted index containing a veritable who’s who of American tech companies. In addition to AAPL stock, you’ve got hot tech stocks like Google (GOOG), Microsoft (MSFT), IBM (IBM), Oracle (ORCL) … you get the point.

In fact, you get about all you can handle of the biggest ones.

While IYW holds 142 companies, nearly 67% of the fund can be found in its top 10. Not only is IYW fat in AAPL stock, but it also has 10%-plus weightings in GOOG and MSFT … meaning big moves in any of those three stocks will have an awfully outsized effect on the performance.

IYW charges 0.45% in expenses, or $45 for every $10,000 invested. The fund also offers a small dividend yield of 1.11%.


Article printed from InvestorPlace Media, http://investorplace.com/2013/12/aapl-stock-etfs/.

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