The Invesco QQQ ETF replicates the Nasdaq-100 index, providing access to the performance of the 100 largest non-financial companies listed on the Nasdaq. The fund and the index are rebalanced quarterly and reconstituted annually.
Investments in QQQ are dominated by large tech companies such as Apple, Amazon, Alphabet, and Meta. The QQQ ETF offers investors significant benefits during bull markets, with long-term growth potential, immediate liquidity, and low fees.
However, QQQ is not listed on the ASX, while the NDQ is. The main difference in performance between the NDQ and QQQ is due to currency: since the NDQ is traded in Australian dollars, the returns of the fund will depend on the performance of the Nasdaq 100 index and fluctuations in the AUD/USD exchange rate.
Is there a minimum investment required in QQQ? Typically, you can invest in as little as one share of QQQ or other ETFs through online brokers.
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