This ETF Has Outperformed the S&P 500 in 16 of the Past 20 Years. Will This Year Be the Same?
It's largely going to come down to the performance of these seven companies.
This ETF Has Outperformed the S&P 500 in 16 of the Past 20 Years. Will This Year Be the Same?
Overview
The S&P 500 (SNPINDEX: ^GSPC) is typically the benchmark investors use to determine whether a specific investment "outperformed" or "underperformed." Although plenty of Wall Street "experts" assemble and actively manage funds, most of them fail to outperform the S&P 500 over the long term.
One passively managed fund that has had the opposite fortune is the Invesco QQQ Trust ETF (NASDAQ: QQQ). Over the past two decades, it has been one of the better-performing ETFs on the market, and in that span, it has outperformed the S&P 500 16 times.
Details
With it outperforming the S&P 500 to begin this year (through June 8), is it likely to keep its momentum rolling?
Source
Originally published at www.fool.com.
