Invesco QQQ Is Magnificent, but This 1 ETF Might Be Even Better Right Now
This ETF provides investors with a way to stay invested in the Nasdaq-100 while reducing high-concentration risk.
Overview
For years, the Invesco QQQ ETF (NASDAQ: QQQ) has been one of the industry's elite performers. This performance, of course, has been heavily influenced by the overwhelming presence of the U.S. economy's biggest innovators and tech companies.
If there's one complaint about the fund, it's the concentration problem. Right now, roughly 45% of the index is represented by the top 10 stocks.
Data source: Invesco.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.