IETC, TTEQ, and SOXQ: 3 Best Technology ETFs with Strong Upside Potential

2026-03-24 02:17:11

Stocks of technology companies are often preferred for their robust growth potential and innovative offerings. Investors keen to capitalize on technological advancements can add attractive technology exchange-traded funds (ETFs) to their portfolios, as they help mitigate company-specific risks by diversifying across multiple stocks. Tech ETFs offer exposure to stocks in several high-growth areas like artificial intelligence (AI), cloud computing, blockchain, quantum computing, semiconductors, and cybersecurity.

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Here, we will look at three technology ETFs – iShares Evolved US Technology ETF (IETC), T.Rowe Price Technology ETF (TTEQ), and Invesco PHLX Semiconductor ETF (SOXQ) – all with a Strong Buy rating and solid upside potential.

Using TipRanks’ Stock Comparison Tool, let’s see how these ETFs stack against each other.

iShares Evolved US Technology ETF (IETC)

The IETC ETF offers exposure to tech companies with a greater proportion of technological capabilities, revenues, and production in the U.S. It is suitable for investors seeking to capitalize on advancements and substantial growth potential inherent in the U.S. technology sector.

According to TipRanks’ unique ETF analyst consensus, determined based on a weighted average of analyst ratings on its holdings, IETC scores a Strong Buy rating. The average price target of $124.40 for the IETC ETF implies about 35% upside potential.

Currently, the top three holdings of the IETC ETF are Broadcom (AVGO), Palantir Technologies (PLTR), and Nvidia (NVDA).

T. Rowe Price Technology ETF (TTEQ)

The TTEQ ETF seeks to deliver long-term capital growth by providing exposure to companies that generate most of their revenues from the development, advancement, and use of technology. TTEQ includes an attractive mix of established tech giants and emerging innovators across sub-sectors such as software, hardware, IT services, and semiconductor industries.

Based on a weighted average of analyst ratings on its holdings, TTEQ scores a Strong Buy rating. The average price target of $41.28 for the TTEQ ETF implies 31.5% upside potential.

Currently, the top three holdings of the TTEQ ETF are Nvidia, Broadcom, and Taiwan Semiconductor Manufacturing Company, or TSMC (TSM).

Invesco PHLX Semiconductor ETF (SOXQ)

The SOXQ ETF tracks the PHLX Semiconductor Sector Index and includes the 30 largest stocks of companies engaged in the semiconductor business. It comprises companies that develop products such as memory chips, microprocessors, integrated circuits, and related equipment.

Based on a weighted average of analyst ratings on its holdings, SOXQ scores a Strong Buy rating. The average price target of $79.02 for the SOXQ ETF implies about 28.3% upside potential.

Currently, the top three holdings of the SOXQ ETF are Nvidia, Broadcom, and Advanced Micro Devices (AMD).

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