š #NasdaqETFUpdate ā Tech-Fueled Rally Continues!
The Nasdaqā100 ETFs, especially Invescoās QQQ, are riding high on strong tech earnings and easing trade tensions. On June 9, the Nasdaq Composite climbed ~0.3%, buoyed by semiconductor strength as hopes grow for eased export restrictions between the U.S. and China . Meanwhile, QQQ sits near $530.70, holding steady into June 10 .
This month, the Nasdaq Composite turned positive for 2025āas tech giants unleashed a wave of investor enthusiasm . ETFs like QQQ and QQQM have been the main beneficiaries, offering baskets of Big Techās biggest names. With QQQ managing close to $300āÆbillion AUM and delivering a decade-long average return of ~18% annually, it remains a favorite among growth-seeking investors .
However, sector concentration means volatility riskātech heavyweights make up over 50% of holdings, and semiconductor performance remains a key swing factor . Keep your eyes on upcoming inflation data and U.S.āChina trade outcomesāboth could influence sentiment further.
š¦ Bottom Line: Nasdaqā100 ETFs continue to lead as the tech rebound gathers pace. If you're bullish on AI, chips, and robust earnings, this is one to watch. Stay tuned, watch your entry points, and manage riskābecause while the momentum is strong, pullbacks are never out of the picture.