Had you invested in the S&P 500 in April 2015, you would’ve been able to achieve a total return of 228%. This is well above the historical, long-run annual average of roughly 10%.
But what if you could outperform the widely followed benchmark? That’s just what this monster exchange-traded fund (ETF) has done. In the past decade, it has produced a total return of 390% despite trading 15% below its all-time record that was reached on Feb. 19 (as of April 3).
Continue reading to learn why you should buy this investment vehicle right now and hold it for the next 10 years.
Betting on an obvious trend
In the past decade, investors have seen firsthand just how important technology has become to the overall economy. Various secular trends have played a part, like digital payments, digital advertising, cloud computing, streaming entertainment, and e-commerce….
