VGT vs. QQQ: Where Should You Invest $1,000 Right Now for Maximum Long-Term Growth?
One may have higher upside, but the downside is also much higher.
Overview
The Vanguard Information Technology ETF (NYSEMKT: VGT) and the Invesco QQQ Trust ETF (NASDAQ: QQQ) are two of the more popular ETFs on the market right now, and their performance over the past decade is a prime reason why. In that time, they've averaged over 23% and 20% annual returns, respectively.
Both ETFs are equipped to continue producing market-beating returns, but if I had to choose between the two and invest $1,000 right now, I would choose QQQ.
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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.