Since technology has been a major driver of economic growth over the past 30 years, there are a tremendous number of Technology ETFs that have come to market. We will take you through all of the different alternatives that offer good trading liquidity.

These will include the Global Technology ETF from iShares (IXN). It will also include a range of broad based U.S. Technology ETFs such as XLK, IYW, IGM, VGT and QTEC as well as the Equal Weight Technology ETF – RYT.

There are also several different Technology Sub-Sectors that have ETFs that you can participate in. Probably the largest sub-sector would be the Internet which is represented by funds like:

First Trust DJ Internet Index Fund – FDN

They also include several tech sector ETFs from PowerShares:

Hardware & Consumer Electronics – PHW
Semiconductors – PSI
Software – PSJ
Networking – PXQ
Nanotech – PXN

There are also a variety of iShares ETFs and Merrill Lynch HOLDrs (which have been drying up the past few years) that are focused on sub sectors:

Semiconductor – IGW (iShares)
Software – IGV (iShares)
Networking – IGN (iShares)

Semiconductor – SMH (The most popular HOLDR)
Broadband – BDH (HOLDRs) – Decent liquidity
Software – SWH (HOLDRs) – Poor liquidity
Internet Architecture – IAH (HOLDRs) – No liquidity

ProShares Offer A Couple Leveraged Technology Sector ETFs:

Double Long Technology ETF – ROM
Double Short (2X Inverse) Technology ETF – REW

For more detailed information on each of these areas please refer to the recent articles in the right hand menu.