If you bought ProShares UltraPro QQQ (NASDAQ:TQQQ) thinking you were getting three times the Nasdaq-100, the math has a quiet message for you: over the past five years, the underlying index ETF returned 103.96%, and TQQQ returned 164.72%.
Janet Mui, Head of Market Analysis at RBC Brewin Dolphin, used a CNBC appearance on Tuesday, June 23, to push back against the idea that the recent pullback in AI and semiconductor stocks signals that something is broken in the sector.
I am a long time investor and student of business, and believe finding good companies that can become great investments is the best game on earth.
While index funds have become so popular that some prominent investors like Michael Burry now view them as a long-term risk for the entire market, they have also been widely successful, with few examples as impressive as Invesco QQQ Trust, Series 1 (NASDAQ: QQQ).
Holders of Invesco QQQ Trust (NASDAQ:QQQ) seeking pure tech exposure are paying for ballast the fund's mandate requires.
Invesco QQQ Trust (NASDAQ:QQQ) is the most familiar way to own the Nasdaq-100, though it is not the cheapest wrapper Invesco offers for the same index.
When thinking about America's neighbors in the Great White North, maple syrup, hockey, and poutine routinely come to mind. However, Canada's robust and highly sophisticated tech sector may deserve more attention.
For investors choosing between Invesco QQQ Trust (NASDAQ:QQQ) and Invesco NASDAQ 100 ETF (NASDAQ:QQQM), the surface answer looks trivial.
The Invesco QQQ Trust (NASDAQ:QQQ) and the Vanguard Information Technology ETF (NYSEARCA:VGT) are often shoved into the same “own Big Tech” bucket, but they answer different questions.
The Invesco QQQ Trust (NASDAQ:QQQ | QQQ Price Prediction) has ripped higher in the spring rally, climbing 10% in the past month and 19% year to date to trade near $727.
Launched on March 10, 1999, the Invesco QQQ (QQQ) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Growth segment of the US equity market.
For many investors, technology exposure is synonymous with passive funds like Invesco QQQ Trust (QQQ). However, as the sector evolves and concentration risk in the Nasdaq-100 reaches historic levels, a more precise approach can be beneficial.