18 Best Tech ETFs Compared: Performance Analysis & Rankings (2024)

Analyzing 18 of the highest % ROI tech ETFs over 5y & 10y timeframes thru 2024

My analysis examines 18 leading tech ETFs through 2024, comparing critical performance metrics including risk-adjusted returns, expense ratios, and portfolio concentrations.

By analyzing a decade of market data (~2013-2024), I document significant differences in fund performance, fees, and risk profiles.

Some ETFs charging premium fees have underperformed their lower-cost alternatives, while others have justified their expenses through superior returns.

Research Methods

To evaluate the relative performance and risk characteristics of 18 top technology ETFs, I conducted a quantitative analysis across multiple key metrics from 2013-2024.

Performance Metrics

• 5-year annual return on investment (ROI)

• 10-year annual ROI

• Median ROI across the full period (2013-2024)

• Sharpe ratios for risk-adjusted return measurement

Risk Assessment

• Morningstar risk scores (0-100 scale)

• Risk-adjusted rankings from PortfoliosLab (0-100 scale)

• Morningstar risk categories (Low to High)

• Portfolio concentration through top holdings analysis

Fund Characteristics

• Expense ratios (annual fees)

• Total number of holdings

• Assets under management (AUM)

• Portfolio composition and concentration

• Morningstar analyst ratings and star ratings

The analysis prioritized funds with complete historical data, though newer ETFs with limited history (FTXL, MAGS) were included for comprehensive sector coverage.

All performance data was standardized to annual returns for consistent comparison, and risk metrics were normalized across providers' scoring systems.