Core Viewpoint - The article discusses the concentration risk associated with megacap tech firms in the S&P 500 and suggests that investors consider the Goldman Sachs Future Tech Leaders Equity ETF (GTEK) as a potential investment option for 2026, which focuses on innovative companies outside the concentrated group [1]. Group 1: ETF Performance and Signals - GTEK's price recently rose above its 50 and 200-day Simple Moving Averages (SMAs), which is traditionally viewed as a buy signal, with a price of $40.21 as of December 26th [2]. - The fund has shown momentum without entering "Overbought" territory, indicating potential for continued performance [2]. Group 2: Fund Strategy and Characteristics - GTEK charges 75 basis points and employs an active management approach, targeting next-generation disruptors rather than tracking an index [3]. - The ETF excludes companies with market caps over $100 billion and invests in sectors beyond information technology, including healthcare and direct marketing retail, using fundamental metrics to assess quality and growth [4]. Group 3: Historical Returns and Future Outlook - GTEK has returned 24.4% year-to-date, outperforming its ETF Database Category average, and has achieved a 24.7% return over the last three years [5]. - The active focus on innovative firms outside the typical megacap tech companies positions GTEK as a strong candidate for investors looking to enhance their tech allocations in the near future [5].