The S & P 500, meanwhile, is down 15.5% this year, dragged down by the communication services and information technology sectors, along with consumer discretionary.
The Nasdaq is up 6% in the fourth quarter, while the S & P 500 has surged 12% in that time.
But, some investors think tech's cooperation will be needed for the market to bounce back from this bear market.
"[Tech stocks] have to participate, they have to move up to get a big market move," the company's co-chief investment officer said.
Tech stocks that could lead Given this backdrop, CNBC Pro searched for stocks in the Nasdaq 100 — which is made up of the 100-largest Composite stocks — that could lead tech out of its rut.