- The Invesco QQQJ ETF has at least 90% of assets invested in the 101-200 largest companies in the NASDAQ, effectively picking up where the QQQ ETF left off.
- As a result, the companies held in QQQJ have smaller market caps, are generally less highly valued, and offer excellent diversification from the large caps that dominate the triple Qs.
- However, since starting 2021 on a hot streak, since inception, the returns of the QQQJ ETF are relatively the same as QQQ and S&P 500.
For further details see:
QQQJ: The 'Second Tier' Of The Nasdaq Index Offers Diversification