Even With Tech Rotation, Thematic ETFs May Still Be Worth Considering

Despite recent market volatility and a shift away from megacap tech stocks, some argue that thematic tech exchange-traded funds (ETFs) like the Roundhill AI ETF (CHAT) remain compelling investments. CHAT's CEO Dave Mazza believes the investment thesis is intact despite July and August's pullback.

Even with recent rotation away from megacap tech stocks, there may still be a case for investing in thematic tech exchange-traded funds., which is up 13.8% year to date as of Friday's market close. But despite recent volatility in the group, the firm's CEO Dave Mazza thinks the investment thesis is still intact." this week."Certainly, we saw a wobble in July and August. If you look over the last month, performance has generally been in line with the market.

"This is a question of having the right tools for the right job," Nadig said in the same interview."The average holding period on thematics is weeks, not years, so people use these as ways of expressing short-term opinions." Still, funds such as Roundhill's may come at a relatively steep cost. The actively managed CHAT ETF has a management fee of 0.75%."Having an active manager overlay on it makes a lot of sense, because this is fast moving technology," he added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NBCLA /  🏆 319. in US

Thematic Etfs Tech Investment AI Market Volatility Active Management

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Spot Bitcoin ETFs Record $39.4M Inflows as Ether ETFs DeclineCrypto Blog
Read more »

Ethereum (ETH) Spot ETFs Are Bleeding, Bitcoin ETFs ThrivingUnpleasant situation emerges on cryptocurrency market as Ethereum is rapidly losing to Bitcoin
Read more »

Spot Bitcoin ETFs Extend Negative Streak, Ethereum ETFs Back in RedCrypto Blog
Read more »

ETFs that bet solely on Nvidia are booming even in a sleepy summer for Wall StreetFunds that make leveraged long bets on Nvidia are seeing inflows and higher trading volume ahead of the company's earnings report.
Read more »

BlackRock's iShares ETFs Explode With Largest BTC, ETH InflowsBlackRock scores large inflows of two biggest cryptocurrencies into its ETFs
Read more »

Spot Bitcoin ETFs See Unprecedented Institutional Adoption, Set to Break RecordsCrypto Blog
Read more »