The profitable decade of tech funds

Investors in funds who bet on the American stock market, growth companies and the technology sector ten years ago they had a prize as the products linked to these areas are the ones that accumulate the greatest revaluations in a period of ten years, according to VDOS data.

Specific, the portfolio with the highest returns in all this time is that of the Xtrackers S&P 2X Leveraged Daily Swap UCITS ETF, which scores no less than 1,488 percent in a decade. It is a complex ETF, offering twice the daily return of the S&P 500 Index minus an interest rate.

This product is followed by Morgan Stanley FI US Growth, which invests in US growth companies (those that invest the profits in expanding the business, rather than distributing them to investors through dividends) and which scales 949 percent in the last ten years.

The technological funds of the large management companies triumph

From there, the products that accumulate the highest profitability coincide in the investment universe, technology, and the fact that they are products fundamentally managed by the large global investment houses.

Thus, the JP Morgan US Technology soars 927 percent; Blackrock Global Fund World Technology rises 877 percent; Franklin Technology climbs 871 percent and Fidelity Global Technology appreciates 864 percent.

These funds share many of their top bets, according to information from Morningstar. For example, Microsoft is the largest investment in the Fidelity and Franklin Templeton product and the second largest in the Blackrock fund; while Apple is the first position of the product of Blackrock, the second of the fund of Fidelity and the third of the Franklin Templeton.

Also, almost everyone has Alphabet and Facebook among their ‘top five’.

The funds’ top bets have risen a lot in the last decade

These companies have gone up a lot in the stock market in the last decade. Specific, Microsoft scores 1,420 percent; while Apple rises 1,321 percent; Alphabet soars 1,260 percent; and Facebook scales 916 percent.

These are revaluations well above the 665 percent raised by the Nasdaq technology index of the US stock market, and which explain the good performance of these products.

As opposed, the Spanish IBEX 35 index rises a pyrrhic 8.8 percent in the last decade; while the Euro Stoxx 50 of the European stock market is revalued by 116 percent.

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