2024-05-14 01:40:53 ET
Summary
- Invesco NASDAQ 100 ETF is a newer version of the Invesco QQQ Trust ETF.
- The Fund tracks the NASDAQ 100, a market capitalization weighted equity index.
- QQQM has a 5 basis point expense ratio advantage over QQQ, resulting in superior compounded performance.
Today, we dive into the legendary NASDAQ 100-Index ( NDX ), discussing a low-cost exchange-traded fund and its behemoth twin brother. The Invesco NASDAQ 100 ETF ( QQQM ) is a newer iteration of the legendary Invesco QQQ Trust ETF ( QQQ ). These two funds are quite similar, tracking identical indices. As a result, the portfolios are virtually identical, so the key differences are left to nuance....
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For further details see:
QQQM: A Superior Iteration Of An All-Star ETF