Investors who are worried about the tech sector can take comfort in the fact the current shift is not the same as the bust of 2000, according to Raymond James chief investment officer Larry Adam.
watch nowThe biggest names in the pure tech sector — Apple , Microsoft and Visa — make up more than 45% of earnings in that space, according to Adam.
Alphabet and Meta , which are technically in communication services, represent 53% of the earnings in that sector.
"It's always about making sure you don't end up in a lopsided portfolio," Viktorin said.
For example, someone who works in tech is already taking on substantial risk outside of their portfolio because their income is dependent on the sector, Viktorin said.