#NasdaqETFUpdate
Here’s a general update on **Nasdaq-related ETFs** (as of June 2024). For real-time data, check financial platforms like Bloomberg, Yahoo Finance, or your brokerage account.
### **Popular Nasdaq ETFs**:
1. **Invesco QQQ Trust (QQQ)**
- Tracks the **Nasdaq-100 Index** (top 100 non-financial companies).
- Key holdings: Apple, Microsoft, NVIDIA, Amazon, Meta.
- Expense ratio: **0.20%**.
2. **Invesco Nasdaq-100 ETF (QQQM)**
- Lower-cost version of QQQ (expense ratio: **0.15%**).
3. **Direxion Nasdaq-100 Equal Weight (QQQE)**
- Equal-weight version of the Nasdaq-100.
4. **Leveraged/Inverse Nasdaq ETFs**:
- **TQQQ** (3x Bull) / **SQQQ** (3x Bear) – High-risk, short-term trading.
### **Recent Performance Trends** (2024 YTD):
- **QQQ**: Up **~12-15% YTD** (as of June 2024), driven by AI and tech earnings.
- **Strong performers**: NVIDIA, Microsoft, Meta.
- **Volatility**: Fed rate uncertainty and tech valuations remain key factors.
### **Key Factors Influencing Nasdaq ETFs**:
- **Fed Policy**: Interest rate decisions impact growth stocks.
- **Earnings**: Big Tech results (Apple, Amazon, Alphabet).
- **AI & Semiconductor Growth**: NVIDIA, AMD, TSMC trends.
### **Should You Invest?**
- **Long-term**: QQQ/QQQM are solid for tech exposure.
- **Short-term**: Watch Fed moves and earnings reports.
For **real-time quotes**, check:
- [Yahoo Finance](https://finance.yahoo.com)
- [Nasdaq Official Site](https://www.nasdaq.com)