Here's the latest update on some popular Nasdaq ETFs:
*Nasdaq ETF Performance:*
- *Invesco QQQ ETF (QQQM)*: Current price $218.52, up 0.17% today. This ETF tracks the Nasdaq-100 Index, comprising the 100 largest non-financial companies listed on the Nasdaq. It has a history of outperformance, beating the S&P 500 Index with 379.14% more returns since its launch in 1999.
- *Invesco Nasdaq Internet ETF (PNQI)*: Current price $50.38, down 0.06% today.
- *First Trust Nasdaq Bank ETF (FTXO)*: Current price $31.79, up 0.19% today.
- *Invesco Nasdaq Biotech ETF (IBBQ)*: Current price $21.32, up 0.33% today.
- *Nasdaq 7 HANDL Index ETF (HNDL)*: Current price $21.20, down 0.09% today.¹ ² ³ ⁴
*Key Features of Invesco QQQ ETF:*
- *Diversified portfolio*: Provides exposure to many innovative companies, including leaders in software, hardware, e-commerce, social media, biotechnology, and other areas.
- *Tax efficiency*: ETFs are generally more tax-efficient than mutual funds due to their "in-kind" creation and redemption feature.
- *Liquidity*: QQQ is one of the most heavily traded ETFs by volume, making it highly liquid.⁵
For more information on Nasdaq ETFs, you can visit the Nasdaq website or check out investment platforms like Motilal Oswal.⁶ ⁷$ETH