Invesco QQQ Trust (QQQ)
- Issuer: Invesco
- AUM: $74.1 billion
- 2018 YTD Performance: 19.95%
- Expense Ratio: 0.20%
Fondly known as "the Qubes" on the Street, Invesco's QQQ trust is one of the oldest and most widely traded ETFs in the world. The fund tracks the Nasdaq 100, which is made up of the largest global non-financial companies listed on the market. Moreover, its internal rules skew it even more toward the technology sector, adding to its volatility. The information technology sector, for example, currently accounts for nearly 57% of the fund's portfolio. The fund is weighted heavily toward large-cap growth companies (over 50%).
Despite its potential drawbacks, QQQ is an extremely inexpensive fund compared with its peers. Its one-year, three-year and five-year annualized returns are 28.72%, 23.40%, and 19.98%, respectively.
No comments:
Post a Comment