2024-08-30 08:21:00 ET
The Nasdaq has been the biggest driver of stock market returns for over a decade. The tech-heavy Nasdaq Composite index has produced annualized returns of more than 16% over the past 10 years, significantly outpacing the benchmark S&P 500 .
There are two main indices that track the performance of the Nasdaq: the Nasdaq 100 and the Nasdaq Composite. And two great index funds that you can use to invest in these are the Invesco QQQ ETF (NASDAQ: QQQ) and the Fidelity Nasdaq Composite Index ETF (NASDAQ: ONEQ) , respectively.
To be sure, there are some big similarities between the two. But there are a few key differences to keep in mind before deciding which is the best Nasdaq ETF for you.
