#NasdaqETFUpdate
Exchange-Traded Funds (ETFs) linked to the Nasdaq Index are among the most attractive financial instruments for investors seeking exposure to the technology and growth sector in global markets. In this report, we will review the latest developments in the performance of Nasdaq ETFs, focusing on Invesco QQQ Trust (QQQ) and the Nasdaq-100 Index, as well as the factors influencing market trends.
. Recent Performance of Nasdaq ETFs
- Invesco QQQ (QQQ):
- QQQ is considered one of the largest exchange-traded funds linked to the Nasdaq-100 Index, which includes major companies such as Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), and Nvidia (NVDA).
- According to the latest data, QQQ achieved an annual return of approximately +20% in 2024 (up to June 2024), supported by the rise of AI and digitalization stocks.
- The fund experienced volatility in the second quarter of 2024 due to inflation concerns and rising interest rates, but it maintained strong resilience.
- Nasdaq-100 Index:
- The index has risen by ~15% since the beginning of the year, exceeding new record levels thanks to the performance of the semiconductor sector (such as Nvidia) and cloud software (such as Microsoft).