#NasdaqETFUpdate Here are some key updates on Nasdaq ETFs:
Top Nasdaq ETFs by Performance
- *Invesco QQQ ETF (QQQM)*: Current price $218.52, 0.17% change, tracking the Nasdaq-100 index with a history of outperformance, beating the S&P 500 index. It's one of the most traded ETFs in the US with a 5-star Morningstar rating.
- *Invesco NASDAQ 100 ETF*: Similar to QQQM, it tracks the Nasdaq-100 index, providing diversified exposure to innovative companies.
- *Motilal Oswal MOSt Shares NASDAQ-100 ETF*: Tracks the Nasdaq-100 index, with ₹8,153 Cr AUM, 0.58% expense ratio, and 17.4% 1-year returns.¹ ² ³
Other Nasdaq ETFs
- *NASDAQ 7 HANDL INDEX ETF (HNDL)*: Current price $21.20, -0.09% change.
- *Invesco NASDAQ Internet ETF (PNQI)*: Current price $50.38, -0.06% change.
- *First Trust NASDAQ Bank ETF (FTXO)*: Current price $31.79, 0.19% change.
- *Invesco NASDAQ Biotech ETF (IBBQ)*: Current price $21.32, 0.33% change.⁴ ⁵ ⁶ ⁷
Benefits of Nasdaq ETFs
- Diversified exposure to innovative companies
- Potential for long-term growth
- Tax efficiency due to "in-kind" creation and redemption feature
- Liquidity, with some ETFs being among the most traded in the US.