#NasdaqETFUpdate
The Nasdaq ETF market is seeing significant activity, with popular funds like Invesco QQQ Trust Series 1 (QQQ) and Invesco Nasdaq 100 ETF (QQQM) leading the charge. Here are some key updates¹ ²:
- *QQQ Performance*: QQQ has delivered strong returns, outperforming the S&P 500 with a 379.14% increase since its launch in 1999. It's also the 2nd-most traded ETF in the US, with average daily trading volumes reflecting its liquidity.
- *QQQM Details*: QQQM tracks the Nasdaq-100 Index, offering exposure to 100 of the largest non-financial companies listed on Nasdaq. Its current price is $218.52, with a 0.17% increase.
- *Other Options*: Investors can also consider other Nasdaq ETFs, such as the iShares NASDAQ 100 Index ETF (CAD-Hedged) or Motilal Oswal Nasdaq 100 ETF, which offer diversified exposure to the Nasdaq market.
These ETFs provide a way to tap into the tech-heavy Nasdaq market, but it's essential to evaluate their performance, fees, and risks before investing.