COMP - Nasdaq is on pace for worst monthly performance since September 2020

The Nasdaq Composite Index (COMP) is on pace for its worst monthly performance since September 2020. The Nasdaq finished -0.03% on the day, and for the month of May, the Nasdaq is now -5.22%. Of the thirteen trading days this month, the Nasdaq is down on eight of them.Investors have seen a selloff in the technology space this month with growing concerns of rising inflation and rising interest rates. High valuation stocks continue to be at the forefront of market participants' minds when looking at where to allocate capital.For market participants that have an interest in the Nasdaq and high growth and technology names, a few exchange traded funds to keep an eye on are (QQQ), (ARKK), (FTEC), and (VBK).QQQ finished +0.11% on the day and is -4.86% for the month of May.ARKK finished -1.74% on the day and is -15.05% for the month of May.FTEC finished +0.29% on the day and is -4.88% for the month of May.VBK finished -0.46% on the day and is -7.36% for the

For further details see:

Nasdaq is on pace for worst monthly performance since September 2020