This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ETFs Dial In for Smartphone Growth

In 2010, IGN's concentrated investing strategy has paid off. The fund has jumped 25% this year, beating out tech-focused funds with a broader reach such as the PowerShares QQQ (QQQQ).

Investors can access the smartphone industry through an international lens as well. A number of companies outside of the U.S. have a direct impact on the production of these popular gadgets and will thrive as they increasingly become staples of our everyday business and social lives.

The iShares MSCI Taiwan Index Fund (EWT) is one of the best international ETFs for following smartphone growth. Although the fund is designed to capture the strength of the broad Taiwanese economy, its performance is heavily reliant on the performance of the information technology sector.

Companies including Taiwan Semiconductor Manufacturing (TSM - Get Report), Hon Hai Precision, and HTC represent the fund's top three positions and make up a combined 26% of the fund's total index. All three play an essential role in creating various smartphone components and models.

The smartphone industry looks promising and will likely be an exciting region of the market to watch in 2011. By utilizing funds such as IGN and EWT, investors can gain a front row seat to the sector's growth, and profit as more people around the world turn to these gadgets to stay connected.

Written by Don Dion in Williamstown, Mass.

Readers Also Like:

At the time of publication, Dion Money Management does not have a position in any of the equities mentioned.

This commentary comes from an independent investor or market observer as part of TheStreet guest contributor program. The views expressed are those of the author and do not necessarily represent the views of TheStreet or its management.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
IGN $35.43 -1.30%
EWT $13.06 -1.10%
CSCO $27.44 -1.90%
TSM $23.52 -2.60%
AAPL $93.74 -1.10%


Chart of I:DJI
DOW 17,767.03 -63.73 -0.36%
S&P 500 2,059.64 -16.17 -0.78%
NASDAQ 4,765.07 -40.2210 -0.84%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs