Investing in Innovation: 5 Best Tech and Disruptive ETFs

In this article, we discuss 5 best tech and disruptive ETFs to buy. If you want to read our discussion on the tech landscape, head directly to Investing in Innovation: 10 Best Tech and Disruptive ETFs.  5. Invesco QQQ Trust (NASDAQ:QQQ) 5. Invesco QQQ Trust (NASDAQ:QQQ) 5-Year Share Price Performance as of March 20: 145.61% Invesco QQQ Trust (NASDAQ:QQQ) provides investors with exposure to a diverse range of NASDAQ-100 companies, offering a convenient way to invest in innovative firms through a single fund. Since its inception in 1999, the fund has consistently outperformed the S&P 500 Index. As of March 20, 2024, Invesco QQQ Trust (NASDAQ:QQQ) boasts assets under management totaling $255.18 billion and a total expense ratio of 0.20%. Invesco QQQ Trust (NASDAQ:QQQ) is one of the best tech ETFs to buy. Microsoft Corporation (NASDAQ:MSFT) is the biggest holding of Invesco QQQ Trust (NASDAQ:QQQ). J.P. Morgan analysts highlight Microsoft Corporation (NASDAQ:MSFT)’s Copilot for Security AI chatbot as a catalyst for a significant shift in the company’s security capabilities, foreseeing potential benefits from IT vendor consolidation as these tools are integrated across Microsoft’s technology stack. The analysts maintain an Overweight rating on Microsoft shares with a $440 price target on March 14. J.P. Morgan expressed optimism about Microsoft’s security opportunity, particularly in generative AI, citing its strengths in code generation, pattern recognition, and automated remediation. The firm anticipates gradual monetization of these products, akin to other Copilot tools, with accelerated adoption in the future. According to Insider Monkey’s fourth quarter database, 302 hedge funds were bullish on Microsoft Corporation (NASDAQ:MSFT), compared to 306 funds in the last quarter. Carillon Eagle Growth & Income Fund stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its fourth quarter 2023 investor letter: “Microsoft Corporation (NASDAQ:MSFT) performed well after reporting strong earnings supported by accelerated growth from Azure. The cloud business is seeing consistent trends from optimization while AI has contributed strongly to its growth.” Follow Microsoft Corp (NASDAQ:MSFT) Follow Microsoft Corp (NASDAQ:MSFT) Click here to read our privacy policy.