#NasdaqETFUpdate Trading at $530.70, up $0.68 (0.13%)
Today’s range: $529.12–$532.22; Volume ≈33.7M
Fidelity Nasdaq Composite Index ETF (ONEQ):
Trading at $77.24, up $0.30 (0.39%)
Today’s range: $76.90–$77.37; Volume ≈225K
📈 Market & ETF Highlights
1. Broad Market Backdrop
Nasdaq Composite rose ~0.3% on Monday, led by semiconductor stocks amid optimism over U.S.–China trade talks potentially easing export restrictions .
The S&P 500 held above 6,000; the 10-year Treasury yield hovered around 4.48–4.5% .
2. ETF Flows & Performance
QQQ saw $572 million of inflows last Friday, making it one of June’s early market leaders .
Over the past month, QQQ is up ~8.3%, and nearly +14.6% year-to-date; NAV is showing ~9.1% monthly gain, with AUM at ~$338 billion and expense ratio of 0.20% .
3. Long-Term Track Record
Since inception (1999), QQQ has beaten the S&P 500 by ~379% cumulatively as of March 31, 2025, and outperformed the S&P 500 in 7 of the past 10 years .
What This Means for Investors
Positive trade sentiment is supporting tech and semiconductor-heavy ETFs like QQQ.
Strong inflows into QQQ reflect investor confidence, even amid tariff headlines.
QQQ’s consistency and liquidity make it a cornerstone for many growth-oriented portfolios.
ONEQ offers full Nasdaq Composite exposure—slightly broader than QQQ’s Nasdaq‑100—with cheaper average cost but less individual stock liquidity
🔍 Quick Take
QQQ remains a top choice for targeted Nasdaq‑100 exposure with an impressive history, heavy liquidity, and broad investor support.
ONEQ is a solid, lower-cost alternative if you prefer more diversified exposure to the full Nasdaq Composite.
Short-term momentum is favorable, though key macro events (trade talks, inflation data this week) could shift sentiment.