#NasdaqETFUpdate Here's the latest update on Nasdaq-focused ETFs as of June 10, 2025:
---
📈 Nasdaq ETF Performance Snapshot
As of June 9, 2025, the Nasdaq Composite Index closed at 19,591.24, marking a 0.3% increase for the day. Year-to-date, the index is up 1.5% .
---
🔍 ETF Highlights
Invesco QQQ Trust Series 1 (QQQ): This ETF tracks the Nasdaq-100 Index and is currently trading at $530.70. It experienced a slight gain of 0.13% on June 9, 2025.
Fidelity Nasdaq Composite Index ETF (ONEQ): Tracking the broader Nasdaq Composite, ONEQ closed at $77.24 on June 9, 2025, with a 0.39% increase for the day.
ProShares UltraPro QQQ 3x Shares (TQQQ): This leveraged ETF aims to deliver three times the daily performance of the Nasdaq-100. It closed at $74.54, up 0.39% on June 9, 2025.
ProShares UltraPro Short QQQ -3x Shares (SQQQ): Designed to provide three times the inverse of the Nasdaq-100's daily performance, SQQQ closed at $22.27, down 0.34% on June 9, 2025.
---
📊 Sector Allocation & Holdings
The Nasdaq-100 Index is heavily weighted towards technology, with significant allocations in:
Information Technology: 49.8%
Communication Services: 15.6%
Consumer Discretionary: 14.1%
Top holdings include Apple Inc. (8.9%), NVIDIA Corp. (8.0%), and Microsoft Corp. (7.9%) .
---
📉 Market Outlook
The Nasdaq-100 reached an all-time high of 22,175.60 on February 19, 2025 . However, the market experienced a significant downturn in April 2025 due to increased trade tensions and recession fears . Despite recent gains, concerns about overvaluation persist, particularly among major tech stocks.
---
If you need further details or comparisons with other ETFs, feel free to ask!