The Nasdaq ETF landscape refers to the variety of exchange-traded funds (ETFs) that track the performance of the Nasdaq stock market or specific indexes within it—like the Nasdaq-100 or Nasdaq Composite.
🔹 Key ETFs in the Nasdaq Landscape:
1. Invesco QQQ (Ticker: QQQ)
- Tracks the Nasdaq-100 index (top 100 non-financial Nasdaq-listed companies).
- Includes tech giants like Apple, Microsoft, NVIDIA, Amazon, etc.
- One of the most popular and heavily traded ETFs in the world.
2. Invesco QQQM
- Same index as QQQ but with a lower expense ratio.
- Better for long-term investors due to lower fees.
3. First Trust Nasdaq-100 Equal Weighted Index Fund (QQEW)
- Gives equal weight to each of the 100 companies instead of being dominated by big names.
- Offers more balanced exposure across all Nasdaq-100 companies.
4. ProShares Ultra QQQ (QLD) and UltraPro QQQ (TQQQ)
- Leveraged ETFs that aim for 2x or 3x daily returns of the Nasdaq-100.
- Higher reward potential but much higher risk and volatility.
5. ProShares Short QQQ (PSQ)
- Inverse ETF that moves opposite to QQQ.
- Useful for hedging or short-term bearish strategies.
🔹 Themes in the Nasdaq ETF space:
Heavy focus on technology, innovation, and growth.
Popular among swing traders, long-term investors, and day traders.
Often used as a barometer for the U.S. tech sector.