GTOP
Goldman Sachs Technology Opportunities ETF
stockNASDAQETF

New isn't bad in itself, but it just means little track record to compare it to peers. Low liquidity does not matter much for a few shares, but as of now today GTOP has traded about 3500 shares, so only $160,000. If you are investing tens of thossands of dollars especially DCAing into over time, you will lose out a bit to the bid/ask spread, and it you wanted to sell 10,000 shares today for some reason, you'd get creamed. You are right if you have DRAM, balancing your DRAM with something like GTOP could give you similar or maybe better returns than CHAT. Also take a look at ETFs like QTOP (Nasdaq top 30). These give you concentrated GOOGL and AMZN.

Thank you for the insight. For context I also own DRAM and XEQT, so it seems like CHAT would have some overlap with DRAM, namely in MU and SK Hynix which make up ~11%. My primary goal is to invest in GOOGL and AMZN, and if I could, I wouldve invested directly and skipped the ETF selection. Sorry for my ignorance, but what are the risks with a low-liquidity and relatively new ETF like GTOP?

It's been around less than six months and has low liquidity compared to other broad-ish tech funds like IGM/IYW/VTC/FTEC/XLK, and has also underperformed them year to date, but not terribly so. If you like the mix going forward, then try it. None of the above options has Amazon, but maybe you would like CHAT. It has both GOOGL and AMZN in good percentages, and is up 42% year to date compared to 16% for GTOP, and is also up more than double all those others I mentioned above.

Thoughts on GTOP (Goldman Sachs Technology ETF)?