Overview of VGT
The Vanguard Information Technology ETF (VGT) tracks a market-cap–weighted portfolio of US technology companies. This ETF tracks the performances of 382 publicly listed companies in the technology sector. Its market capitalization is $8.0 billion, its expense ratio is 0.12%, and its average daily volume of shares traded in dollars is $31.5 million. Its price-to-earnings ratio is 18.7x and its price-to-book value ratio and distribution yield stand at 3.73x and 2.0% respectively.
The top five holdings of the ETF are Apple (AAPL) at 15.4%, Microsoft (MSFT) at 8.4%, Facebook Class A Shares (FB) at 4.7%, Google Class A Shares (GOOGL) at 4.6%, and Google Class C Shares (GOOG) at 4.7%. These five holdings constitute over 37% of VGT’s total portfolio. Apple composes 13.0% of the Power Shares QQQ, Series 1 ETF (QQQ) as well.
Fund flows in VGT
In the trailing-one-month period, net fund outflows for VGT were $57.5 million. In the trailing-12-month period, net fund inflows were $1.1 billion. Fund flows in the trailing one week and trailing three months for VGT were $52.5 million and $138.5 million, respectively.
Since October 15, 2015, VGT has traded consistently above its moving averages, and net fund inflows to the ETF have been $28.7 million.
VGT generated investor returns of 12.1% in the trailing-12-month period and 10.7% in the trailing-one-month period. In comparison, it generated 19.4% returns in the trailing-three-year period, 8.7% YTD (year-to-date), and 5.8% in the last three months.
On November 2, 2015, VGT closed the trading day at $111.52. Based on this figure, here’s how the stock fares in terms of its moving averages:
- 5% above its 100-day moving average of $105.92
- 7% above its 50-day moving average of $103.83
- 4% above its 20-day moving average of $107.44
Relative strength index
VGT’s 14-day RSI (relative strength index) is 67.5, which shows that the ETF is slightly overbought.[1.Generally, if the RSI is above 70, it indicates the stock is overbought. An RSI figure of below 30 suggests that a stock has been oversold.]