Most investors can rattle of the names of several triple-digit stocks in a heartbeat if for no other reason than that some of these stocks belong to some of the most familiar names in American business. Amazon (NASDAQ: AMZN), Priceline (NASDAQ: PCLN) and Google (NASDAQ: GOOG) have in their own ways, changed the way people use the Internet and each provide products and services used by millions of people everyday.

From an investors' perspective, these stocks are alluring not only because of their lofty price tags, but because of the big moves they're often home to. The aforementioned trio are the epitome of high-beta, high-growth, momentum stocks. And by virtue of their stellar growth records, they now have share prices that aren't attainable for many investors.

The options market isn't much of a better choice because stocks such as Amazon, Google and Priceline often have elevated premiums that are also punitive to cost-conscious investors. What that means is using ETFs to gain access to these type of names is often a wise idea, but one of the best ETFs with which to accomplish that objective is also quite anonymous.

That fund is the PowerShares NASDAQ Internet (NASDAQ: PNQI). Home to almost 70 stocks, PNQI just celebrated its fourth birthday, but the fund has just $49 million in assets under management. That's a surprisingly low number given the sexy stocks that call this ETF home and it's a number that indicates investors are missing out on this fund.

PNQI currently trades at $37.15 meaning that for barely more than $37 a share, investors can gain exposure to Amazon, Priceline and Google. And it's not piddly exposure, either. Those stocks represent three of PNQI's top four holdings and they combine for almost 27% of the ETF's weight. Throw in Baidu (NASDAQ: BIDU), the Google of China and another high-flying triple-digit stocks, and that quarter accounts for about 35% of PNQI's weight.

Said differently, unheralded PNQI helps investors get exposure to four well-known triple-digit momentum stocks for just a little more than $37. It would cost over $1,000 to get one share of each of those stocks.

Year-to-date, PNQI is up 7.6%. Since inception, the fund has returned more than 51%.

Related Articles
  1. Stock Analysis

    3 Resilient Oil Stocks for a Down Market

    Stuck on oil? Take a look at these six stocks—three that present risk vs. three that offer some resiliency.
  2. Economics

    Keep an Eye on These Emerging Economies

    Emerging markets have been hammered lately, but these three countries (and their large and young populations) are worth monitoring.
  3. Stock Analysis

    Is Pepsi (PEP) Still a Safe Bet?

    PepsiCo has long been known as one of the most resilient stocks throughout the broader market. Is this still the case today?
  4. Investing

    The ABCs of Bond ETF Distributions

    How do bond exchange traded fund (ETF) distributions work? It’s a question I get a lot. First, let’s explain what we mean by distributions.
  5. Investing Basics

    Top Tips for Diversifying with Exotic Currencies

    Is there an opportunity in exotic currencies right now, or are you safer sticking to the major ones?
  6. Mutual Funds & ETFs

    The 3 Biggest Mutual Fund Companies in the US

    Compare and contrast the rise of America's big three institutional asset managers: BlackRock Funds, The Vanguard Group and State Street Global Advisors.
  7. Stock Analysis

    3 Stocks that Are Top Bets for Retirement

    These three stocks are resilient, fundamentally sound and also pay generous dividends.
  8. Professionals

    5 Top-Rated Funds for Your Retirement Portfolio

    Mutual funds are a good choice for emotional investors. Here are five popular funds to consider.
  9. Investing News

    Are Stocks Cheap Now? Nope. And Here's Why

    Are stocks cheap right now? Be wary of those who are telling you what you want to hear. Here's why.
  10. Investing News

    4 Value Stocks Worth Your Immediate Attention

    Here are four stocks that offer good value and will likely outperform the majority of stocks throughout the broader market over the next several years.
  1. Can mutual funds invest in IPOs?

    Mutual funds can invest in initial public offerings (IPOS). However, most mutual funds have bylaws that prevent them from ... Read Full Answer >>
  2. How do dividends affect retained earnings?

    When a company issues a cash dividend to its shareholders, the retained earnings listed on the balance sheet are reduced ... Read Full Answer >>
  3. What is the difference between called-up share capital and paid-up share capital?

    The difference between called-up share capital and paid-up share capital is investors have already paid in full for paid-up ... Read Full Answer >>
  4. Why would a corporation issue convertible bonds?

    A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
  5. Does index trading increase market vulnerability?

    The rise of index trading may increase the overall vulnerability of the stock market due to increased correlations between ... Read Full Answer >>
  6. What does a high turnover ratio signify for an investment fund?

    If an investment fund has a high turnover ratio, it indicates it replaces most or all of its holdings over a one-year period. ... Read Full Answer >>

You May Also Like

Trading Center
You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!