GTEK ETF Surges 45% YTD Without AMZN and AAPL

The tech sector continues to be a dominant force in the market, but investors may want to consider diversifying their portfolios beyond the usual suspects. The Goldman Sachs Future Tech Leaders ETF (GTEK) has been delivering strong returns without holding megacap names like Amazon (AMZN) or Apple (AAPL), instead focusing on next-generation tech stocks with growth potential.

GTEK has returned 44.9% year-to-date, significantly outperforming its category average of 24.7%. The fund's active focus allows it to invest across categories and sectors, screening for quality and growth using fundamental metrics like free cash flow.

The strategy has proven successful in finding strong rising names in innovation, and GTEK can help add tech exposure outside the major names that already contribute to concentration risk. Longer term, it may play a satellite ETF role for investors seeking flexible, fundamentals-driven active ETFs.