AI stocks are driving impressive earnings growth for the tech sector. Tech valuations might not be “too high” because company earnings are growing even faster than share prices.
QQQM's lower fee looks like an obvious win until you factor in a cost that never appears on your statement, never gets disclosed in bold, and resets every single time you place a trade.
If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Invesco NASDAQ 100 ETF (QQQM), a passively managed exchange traded fund launched on October 13, 2020.
| XMEX Exchange | US Country |
This fund is primarily focused on investing in securities that are part of its underlying index, which is compiled, maintained, and calculated by Nasdaq, Inc. The index features 100 of the largest domestic and international nonfinancial companies listed on The Nasdaq Stock Market LLC, based on market capitalization. The fund commits to investing at least 90% of its assets in the securities making up the index. It operates with a non-diversified investment strategy, which means it may allocate a larger portion of its assets to fewer securities than a diversified fund.
The primary service offered involves investing in securities that are part of a specific underlying index. The fund aims to replicate the performance of these securities, which represent 100 of the largest domestic and international nonfinancial companies listed on The Nasdaq Stock Market LLC, emphasizing market capitalization.
This fund adopts a non-diversified strategy, focusing its investments in a narrower selection of securities. This approach allows for the potential of higher returns from individual investments but comes with a higher risk due to less diversification.