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from24/7 Wall St.
1 day agoThe $87 Billion Reason Tech ETFs Are About to Move
Three tech ETFs show divergent performances in 2026, reflecting market preference for focused investments over broader exposure.
FZROX is a broad U.S. equity fund designed to own essentially the entire American stock market, from mega-cap technology giants down through small and micro-cap companies. It tracks Fidelity's proprietary U.S. Total Investable Market Index, a benchmark Fidelity created specifically to avoid licensing fees from index providers like CRSP or S&P Dow Jones. That is how the zero expense ratio becomes possible.
Nearly nine in 10 higher-risk pension funds have failed to match the performance of the FTSE 100 over the past five years, according to new analysis that raises fresh concerns about retirement outcomes for millions of savers. Research by Investing Insiders examined almost 13,000 personal and workplace pension funds holding more than £1tn in assets between December 31, 2020 and December 31, 2025. Funds in the medium-high and high-risk categories were benchmarked against the FTSE 100 over the same period.
Warren Buffett's statistically improbable returns provided from 1965 through 2024 are truly remarkable to consider. Over this time frame, Berkshire Hathaway compounded returns for investors at an incredible 19.9% clip. When compared to the S&P 500, a world-class index of the largest companies in the U.S. (which produced compounded annual returns of 10.4% over this time frame), that's a near-doubling of one's annual return each and every year.
The company extended its lead in logic, DRAM, and advanced packaging technologies while competitors struggled to keep pace with rapidly evolving manufacturing requirements. CEO Gary Dickerson has consistently emphasized the company's focus on "the highest value technology inflections in the fastest growing areas of the market." That strategy delivered six consecutive years of growth through fiscal 2025, culminating in record annual revenue of $28.37 billion (up 4% year over year) and non-GAAP EPS of $9.42 (up 9%).