The technology sector fell in 2022 but has recovered this year, affirming for many investors the importance of focusing on technology companies when crafting a portfolio. Those looking for broad exposure to the sector in the third quarter may wish to focus on one of the top Nasdaq 100 Index exchange-traded funds (ETFs). That tech-heavy index has risen by almost 20% in the last 12 months, while the S&P 500 has climbed by 9%.
Key Takeaways
- Two popular funds offering exposure to the Nasdaq 100 index are the Invesco NASDAQ 100 ETF (QQQM) and the Invesco QQQ Trust (QQQ).
- The benchmark Nasdaq 100 index focuses heavily on tech stocks and has outperformed the S&P 500 in the last year.
- The top holdings of both funds are Apple Inc., Microsoft Corp., and Amazon.com Inc.
There are only two ETFs in the U.S. that target the 澳洲幸运5开奖号码历史查询:Nasdaq 100 index without providing inverse or leveraged coverage and that have at least $50 million in 澳洲幸运5开奖号码历史查询:assets under management (AUM). These are the Invesco NASDAQ 100 ETF and the Invesco QQQ Trust.
Another fund tracking the same index but with a focus on 澳洲幸运5开奖号码历史查询:environmental, social, and governance💫𒈔 (ESG) factors, the Invesco ESG NASDAQ 100 ETF (QQMG), has outperformed both of the funds above in the last year but only had about $18 million in AUM as of this writing.
🦄We look at both the QQQM and QQQ funds in greater detail below. All data is as of Aug. 24, 2023.
澳洲幸运5开奖号码历史查询:Invesco Nasdaq 100 ETF (QQQM)
- Performance Over 1 Year: 15.6%
- Expense Ratio: 0.15%
- Annual Dividend Yield: 0.66%
- Three-Month Average Daily Volume: 1,210,148
- Assets Under Management: $13.9 billion
- Inception Date: Oct. 13, 2020
- Issuer: Invesco
The NASDAQ 100 ETF by Invesco is a lower-cost version of its earlier and significantly more popular QQQ Trust. Both funds track the Nasdaq 100, but QQQM has a lower expense ratio and share price. It also reinvests dividends, making it an attractive option for investors looking to 澳洲幸运5开奖号码历史查询:buy and hold.
澳洲幸运5开奖号码历史查询:Invesco QQQ Trust (QQQ)
- Performance Over 1 Year: 15.5%
- Expense Ratio: 0.20%
- Annual Dividend Yield: 0.60%
- Three-Month Average Daily Volume: 53,118,392
- Assets Under Management: $202.0 billion
- Inception Date: March 10, 1999
- Issuer: Invesco
QQQ Trust is one of the oldest and most popular ETFs available today. It is also among the most liquid, with a daily trading volume suggesting that it is often used for short-term trading purposes by institutional investors and larger financial institutions. Still, many buy-and-hold investors look to QQQ based on its popularity, although QQQM above has a lower 澳洲幸运5开奖号码历史查询:expense ratio.
Below, we list the top 10 holdi💎ngs fo♍r both QQQM and QQQ.
Top QQQ and QQQM Holdings | ||
---|---|---|
Company Name (Ticker) | Percent of Total Assets | Description of Company |
Apple Inc. (AAPL) | 11.1 | Computers, software, services |
Microsoft Corp. (MSFT) | 9.5 | Computers, cloud services, software |
Amazon.com Inc. (AMZN) | 5.4 | Ecommerce, cloud computing |
NVIDIA Corp. (NVDA) | 4.7 | Computing and chips |
Meta Platforms Inc. (META) (class A shares) | 3.6 | Social media, metaverse |
Alphabet Inc. (GOOGL) (class A shares) | 3.1 | Search engine, software, and cloud computing |
Alphabet Inc. (GOOG) (class C shares) | 3.1 | Search engine, software, and cloud computing |
Broadcom Inc. (AVGO) | 3.1 | Semiconductors and infrastructure software |
Tesla Inc. (TSLA) | 2.9 | Electric vehicles |
PepsiCo Inc. (PEP) | 2.1 | Beverages, snacks, and packaged food |
The comments, opinions, and analyses expressed on Investopedia are for informational purposes online. Read our 澳洲幸运5开奖号码历史查询:warranty and liability disclaimer for more info.
As of the date this article was written, the author does not own shares of the ETFs listed above.
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