5 Safer Ways to Buy AAPL Stock

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

      View All  
5 Safer Ways to Buy AAPL Stock

iShares Global Technology ETF (IXN)

iShares185 5 Safer Ways to Buy AAPL StockAAPL Stock Weight: 13.74%

The iShares Global Technology ETF (IXN), as one would imagine, looks not just at the United States for its tech holdings, but across the entire world.

But consider it the Epcot of international funds, because it still has a thoroughly American feel.

Almost four-fifths of IXN’s holdings are in the U.S., while Japan lags by a country mile with just 6.1% of the fund. South Korea, Taiwan and Germany round out the top five countries at weightings of 4.4%, 3% and 2.4%, respectively.

Tipping the scales in the U.S. is, naturally, AAPL stock at nearly 14% of the fund, and — let me know when this starts to sound familiar — following it up are GOOG and MSFT at about 8% each. In fact, the only international stock in IXN’s top 10 is South Korea’s Samsung (SSNLF), at 4.4% of the fund.

IXN also offers little diversity outside of tech, so between that and its low international diversity, there’s not a ton setting IXN apart from its AAPL fund brethren here.

IXN’s performance is close but a bit lower than the other funds here, and it yield roughly 1% as wekk. It’s also the smallest at $677 million in assets. Expenses are 0.48%.


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

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.