#NasdaqETFUpdate Quick Take

1. QQQ Performance & Inflows

QQQ has gained around +4.0 % year-to-date and +15.3 % over the past year .

It experienced large inflows recently, hinting at renewed investor interest .

2. Nasdaq Composite Momentum

The Nasdaq Composite regained positive YTD territory, climbing above 19,700 as of June 10—buoyed by optimism over U.S.–China trade talks and strength in chip stocks .

The Nasdaq-100 hit record highs in February (~22,175) and remains well-supported .

3. Analyst Outlook on QQQ

Edward Jones downgrades QQQ to a “Mixed” rating, advising a hold as of June 9 (price ~$529.92) .

Invesco reported QQQ’s Q1 NAV-based performance declined –8.1 %, underperforming the S&P 500 but outperforming the Russell 1000 Growth .

4. Macro & Trade Themes

Renewed optimism from U.S.–China trade talks, especially around semiconductor export controls, is supporting Nasdaq stocks .

A strong U.S. jobs report (May: +139K hires) helped equities, especially tech, extended gains into June .

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🎯 What It Means

With QQQ showing solid YTD returns and heavy investor flows, sentiment is on the upswing—but pockets of caution remain, given Q1 underperformance and broader macro uncertainties.

Tech still leads, especially chipmakers amid trade developments, but rate concerns and tariff dynamics could bring volatility.

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🧭 Looking Ahead

ETF Watchlist: Consider related Nasdaq ETFs like QQQM (similar exposure and +4 % YTD), QQJ for next-gen companies, and equal-weight alternatives (QQEW, QQQE) riding the rerating of tech .

Market Conditions: Jobs data, Fed policy, and trade talks pivots (especially on semiconductors) will heavily influence the ETF’s path.

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✅ Key Takeaways

QQQ: Up ~4 % YTD with big recent inflows; remain cautiously optimistic.

Fundamentals: Tech and chip exposure fuel upside, but macro-led volatility is on the radar.

Strategy: For long‑term investors, core QQQ exposure remains appealing. Traders may prefer nimble strategies tied to trade/tariff news and Fed updates.