#NasdaqETFUpdate Should the Invesco NASDAQ 100 ETF (QQQM) be on your investment radar?
If you are interested in broad exposure to the large-cap growth segment of the U.S. stock market, look no further than the Invesco NASDAQ 100 ETF (QQQM), a passively managed exchange-traded fund launched on 10/13/2020.
The fund is sponsored by Invesco. It has accumulated over $49.6 billion in assets, making it one of the largest ETFs aiming to match the large-cap growth segment of the U.S. stock market.
Large-cap companies typically have a market capitalization exceeding $10 billion. Generally, they tend to be a stable option, with lower risk and more secure cash flows than mid-cap and small-cap companies.
Growth stocks exhibit above-average sales and earnings growth rates. While they are expected to grow faster than the overall market, they also come with higher valuations. Moreover, growth stocks carry a higher level of risk. When comparing growth and value, growth stocks are often the clear winners in strong bull markets, but they tend to plummet in almost all other environments.