Big Tech Plays a Big, and Equal, Role in One ETF

Big Tech Plays a Big, and Equal, Role in One ETF

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Business

University

Hard

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The RYT fund invests 90% of its $1.8 billion assets equally among 70 tech stocks in the S&P 500, avoiding overconcentration in major companies like Apple and Microsoft. This strategy provides diversification, with RYT doubling the broader market's return over the past year and achieving a 165% return over five years. Despite its 40 basis point expense ratio, RYT is rated positively by Bloomberg Intelligence.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of its assets does the RYT fund invest in tech stocks?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does RYT fund's investment strategy help in avoiding overconcentration in major tech companies?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the performance of the RYT fund over the past five years?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expense ratio of the RYT fund?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the Bloomberg Intelligence traffic light system indicate about the RYT fund?

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