It’s exciting to hear about Roundhill Investments’ launch of the Roundhill BIG Tech ETF (BIGT) on NASDAQ. BIGT is designed to provide investors with concentrated and cost-efficient exposure to the largest and most influential U.S. technology stocks known as FAAMG, which are viewed as some of the highest quality companies globally. Unlike traditional ETFs that typically track diversified baskets of companies across various sectors and industries, BIGT offers a more targeted approach by focusing on tech giants at the forefront of innovation throughout cloud computing, e-commerce, artificial intelligence, and more.
ETF Newz Says:
The expense ratio of BIGT is 0.29%, and it will use an equal weighting strategy, with quarterly rebalancing and annual reconstitution. Roundhill plans to introduce additional funds to its suite of BIG ETFs in the future.
