T Rowe Price's Rizzo on Price Technology ETF (TTEQ)

The video discusses the introduction of a new tech-centric ETF strategy that aims to provide global exposure beyond traditional information technology sectors. It compares this strategy with existing ETFs like XLK, VGT, and IXN, highlighting its unique approach to include communication services, financials, and consumer discretionary sectors. The discussion also covers the importance of US market exposure due to deregulation, tax cuts, and AI advancements, while emphasizing the need for global diversification. The video concludes with insights on how this strategy can fit into investment portfolios and the potential impact of tariffs on investment decisions.

What is the primary reason for introducing a new tech-centric ETF according to the speaker?

• To focus solely on U.S. technology stocks

• To reduce investment in non-tech stocks

• To provide a global and diversified tech investment option

• To compete directly with Apple and Microsoft

How much exposure does the new ETF have to U.S. companies, and why is this significant?

• 50%, due to global market trends

• 73%, because of U.S. deregulation and AI leadership

• 90%, to focus on U.S. tech giants

• 30%, to diversify away from U.S. markets

How should investors view the new ETF in terms of their portfolio?

• As a short-term investment option

• As a replacement for all other tech investments

• As an addition to existing beta exposure

• As a non-essential part of their portfolio

What is the speaker's view on the role of tariffs in the tech industry?

• Tariffs have no impact on technology stocks

• Tariffs only negatively affect tech companies

• Tariffs can lead to increased manufacturing and CapEx spending

• Tariffs are beneficial for U.S. tech giants only

What is the investment framework used by the speaker's firm to make decisions?

• Looking for innovation, growth, and reasonable valuations

• Focusing solely on U.S. tech stocks

• Avoiding any exposure to tariffs

• Investing in high-risk, high-reward stocks