It might be worth noting that it can be good to prefer voting shares, held directly. For example, GOOG shares have no voting rights to Google, but GOOGL shares do. There are some scenarios where having control, rather than ownership/profit, could be important.
There are some scenarios where having control, rather than ownership/profit, could be important.
I’m curious what kind of scenarios you’re thinking about. Having actual control, yes, that could be important. But having 0.001% of control of Google does not seem like it would have any effect on either Google or me, under any scenario.
I did some research and the top ones I found were SMH and QQQ.
Worth looking at the top ten holdings of these, to make sure you know what you are buying, and that they are sensible allocations:
SMH—VanEck Semiconductor ETF
22% Nvidia
13% Taiwan Semiconductor Manufacturing
8% Broadcom
5% AMD
QQQ
9% AAPL
8% NVDA
8% MSFT
5% Broadcom
It might be worth noting that it can be good to prefer voting shares, held directly. For example, GOOG shares have no voting rights to Google, but GOOGL shares do. There are some scenarios where having control, rather than ownership/profit, could be important.
I’m curious what kind of scenarios you’re thinking about. Having actual control, yes, that could be important. But having 0.001% of control of Google does not seem like it would have any effect on either Google or me, under any scenario.
I’m imagining a scenario where an AI extrapolates “keep the voting shareholders happy” and “maximise shareholder value”.
Voting stocks can also get valuable when people try to accumulate them to corner the market and execute a takeover this happens in crytopcurrencies like CURVE.
I know these are farfetched, but all future scenarios are. The premium on google voting stock is very small right now, so it’s a cheap feature to add.