#NasdaqETFUpdate

Here are some updates on Nasdaq ETFs:

Nasdaq ETFs Overview

Nasdaq ETFs track the Nasdaq 100 index, which includes the 100 largest stocks listed on the Nasdaq stock exchange, primarily from sectors like technology, telecommunications, and biotechnology.

Popular Nasdaq ETFs

- *Invesco QQQ ETF (QQQ)*: One of the most traded ETFs in the US, with a 5-star Morningstar rating and a history of outperformance, beating the S&P 500 Index. It has delivered strong returns by investing in innovative companies.

- *Invesco Nasdaq 100 ETF (QQQM)*: With a current price of $219.95, it has a beta of 1.17 and a 0.65% increase in value.

- *Nasdaq 100 ETF (NDQ)*: Listed on the ASX, it tracks the Nasdaq-100 Notional Net Total Return Index with a net asset value of $49.89. The fund has a semi-annual distribution frequency and a 1.9% distribution yield.

- *Invesco Nasdaq Biotech ETF (IBBQ)*: With a current price of $21.56, it has a beta of 0.66 and a 1.13% increase in value.

- *First Trust Nasdaq Bank ETF (FTXO)*: With a current price of $31.99, it has a beta of 0.99 and a 0.63% increase in value.¹ ² ³

Performance

- The Nasdaq 100 index has shown strong performance, with some ETFs having returns of over 49% in the past year.

- The Invesco QQQ ETF has demonstrated a history of outperformance, typically beating the S&P 500 Index.⁴

Recent Developments

- The Hashdex Nasdaq Crypto Index US ETF (NCIQ) has been updated to include additional digital assets such as Cardano, Solana, Stellar Lumens, and XRP Ledger, in addition to Bitcoin and Ethereum. However, due to regulatory restrictions, the Trust is only permitted to hold Bitcoin and Ethereum.⁵