2024-07-29 07:00:00 ET
Along with the S&P 500 and Dow Jones , the Nasdaq Composite is one of the three main indexes in the U.S. stock market. It tracks virtually every company listed on the Nasdaq stock exchange. The Nasdaq-100 is a subset of the Nasdaq Composite and tracks the largest 100 non-financial companies listed.
Investors wanting exposure to the Nasdaq should consider the more concentrated Nasdaq-100 . The newly formed Invesco Nasdaq 100 ETF (NASDAQ: QQQM) is a great option and comparable to the more widely known Invesco QQQ ETF (the second-most-traded ETF in the U.S.).
If you have $1,000 available to invest (ideally with an emergency fund saved and high-interest debt paid down), this ETF can provide great growth potential .
For further details see:
1 Nasdaq ETF to Buy With $1,000 and Hold Forever