#NasdaqETFUpdate #NasdaqETFUpdate Here's the latest update on Nasdaq 100 ETFs, including performance insights and recent developments:

---

📈 Nasdaq 100 ETF Performance

Invesco QQQ Trust (QQQ): As of June 10, 2025, QQQ is trading at $532.07, reflecting a 0.26% increase from the previous close.

SPDR S&P 500 ETF Trust (SPY): Currently priced at $601.28, up 0.27%.

SPDR Dow Jones Industrial Average ETF (DIA): At $428.86, showing a 0.12% rise.

These ETFs have demonstrated strong performance recently, with the Nasdaq 100 leading the gains.

---

🔍 Market Influences

Tesla's Impact: A public dispute between President Trump and Tesla CEO Elon Musk led to a significant 14% drop in Tesla's stock on June 5. This decline heavily impacted major equity indexes like the S&P 500 and Nasdaq 100, accounting for about half of their respective daily losses. Tesla's weight in these indexes and multiple ETFs amplifies its influence; it features in roughly 10% of around 4,200 ETFs.

Positive Economic Indicators: The U.S. stock market concluded the week on a strong note, buoyed by a favorable May jobs report and promising developments in U.S.-China trade relations. The Nasdaq rose 1.2% on Friday and posted a weekly gain of 2.2%, while the S&P 500 climbed 1%, closing above the 6,000 mark for the first time since February.

---

🧠 ETF Insights

Performance Comparison: In 2024, the Nasdaq 100 index rose by 25.58%. Among the most popular ETFs listed in Europe, the Invesco NASDAQ-100 Swap UCITS ETF Acc (EQQX, EQSG) outperformed the index with a return of 25.62%. Other notable ETFs include the Amundi Nasdaq-100 II UCITS ETF Acc (LYMS, UST, NASL, NASD), which performed exactly as the index, and the AXA IM Nasdaq 100 UCITS ETF Accumulation USD (ANAU, ANAV), which underperformed the index by 0.05%.

Fee Considerations: UBS Asset Management launched Europe's lowest-fee Nasdaq 100 ETF with a Total Expense Ratio (TER) of 0.13%, slightly undercutting the Xtrackers NASDAQ 100 UCITS ETF 1C (XNAS, XNAQ).

---