This Tech ETF Is Quietly Outperforming QQQ in 2026 -- Is There Still Time to Buy?
Shareholders of the Invesco QQQ ETF (QQQ) aren't getting the tech exposure they think they are. This pure-play ETF is better.
Overview
A lot of investors use the Invesco QQQ ETF (NASDAQ: QQQ) as their proxy for tech exposure in their portfolios. In reality, it's only mostly a tech exchange-traded fund (ETF).
Right now, approximately 67% of the Nasdaq-100 index, which QQQ tracks, is tech. It's got all of the big artificial intelligence (AI) names like Nvidia, Apple, and Microsoft at the top of the portfolio. But you may not realize that by owning QQQ, you also own Walmart, PepsiCo, Starbucks, and American Electric Power.
Details
It's the non-tech exposure in the Invesco QQQ ETF that has been a drag on returns.
Source
Originally published at www.fool.com.