ROKU - QQQJ: The 'Next In Line' Stocks For The Nasdaq 100
- The Invesco Nasdaq Next Gen 100 ETF targets the largest 100 non-financial Nasdaq-listed companies outside of the Nasdaq 100.
- Next Gen 100 members have historically graduated up to the Nasdaq 100 at about a 1-in-3 rate.
- Compared to QQQ, QQQJ is notably overweight in healthcare & cyclicals and underweight to communication services.
- The fund's expense ratio of just 0.15% is also very appealing from a cost standpoint.
- I see no reason why investors shouldn't have QQQJ at least on their radar right now.
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QQQJ: The 'Next In Line' Stocks For The Nasdaq 100