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No it’s not. When the asset management industry says “information technology” they exclude the technology used for communication. That’s why VGT doesn’t invest in GOOG or META. AMZN is consumer discretionary so it’s also excluded.
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That's fantastic. Thanks! I actually use QQQM which has lower fees. Seems like Invesco pulled a trick from marketing and segmented the market to have it both ways. I also need to find leveraged ETFs that have float adjusted weights which is a bit trickier. I might just pull out of TQQQ until the dust settles.
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