Despite recent headlines related to Cambridge Analytica’s purported unethical use of data it obtained on more than 50 million Facebook users, technology mutual funds continued to attract net new money.

Even though the NASDAQ Composite Index declined 5.39%, and the average tech fund lost 6.29% of its prior week’s ending value, technology funds gained some $101m for the Thomson Reuters Lipper’s fund-flows week ended March 28, 2018. The intake is the category’s seventh consecutive week attracting new money.

The wreck in tech appears to be impacting 2017’s highest flyers: the so-called FAANG stocks — Facebook, Apple, Amazon, Netflix and Alphabet’s Google.

Facebook led the dip with a 20%-plus decline since its record high set earlier this year. The inflows may be due to investors buying the dip or having a more sanguine outlook for broader technology issues.

So, while some investors appear to be trying to “deFAANG” their portfolios, others seem to be embracing technology issues as we approach first-quarter earnings reporting season. They may be hoping the recent relatively strong economic reports and tax cuts will bode well for the markets —including the tech sector that powered the lion’s share of the market gains over the last year or so.

On the ETF side of the equation, the First Trust Dow Jones Internet Index ETF (FDN) attracted the largest gain for the fund-flows week taking in $218m. The iShares U.S. Technology ETF (IYW) followed with $57m in flows, and the and the First Trust NASDAQ 100 Technology ETF (QTEC) was third with a $12m haul. Meanwhile, the Technology Select Sector SPDR ETF (XLK) experienced the largest net outflow (-$202m) for the week.

For 2017 as a whole, technology funds, including ETFs, attracted a net $12.9bn. This year, as March 28, 2018, technology funds took in $9.2bn net.