TSLA - QQQ Vs SPYG: Which Is The Best Growth ETF For The Future?
- QQQ has become identified with innovative Tech Growth but there is nothing in its index that ensures this will continue.
- ETFs tracking the S&P 500 Growth Index are valid alternatives, not required to hold stocks listed only on the NASDAQ. SPYG is the best of these.
- We compare how QQQ and SPYG's holdings differ both in their Top 10 and the ETFs as a whole and see some important sector concentration differences.
- We find that provided Valuation Metrics can't be usefully compared though SPYG looks slightly better valued but still overvalued for what it holds. The impact of high interest rates make high P/Es more dicey.
For further details see:
QQQ Vs SPYG: Which Is The Best Growth ETF For The Future?