2024-06-13 07:18:52 ET
Summary
- The Schwab U.S. Large-Cap Growth ETF is an excellent alternative to the Invesco QQQ Trust.
- Its holdings overlap the QQQ's to a considerable degree, but with a much lower fee, and exposure to financials.
- This makes sense because the Dow Jones Large Cap Growth Index is very similar to the NASDAQ-100.
- It is, however, less covered, and Schwab Large-Cap Growth is less widely traded than the Invesco QQQ trust. It has a higher spread.
- For those with long-term holding periods, SCHG's lower fees make a compelling case for investing.
The Schwab U.S. Large-Cap Growth ETF ( SCHG ) is one of Charles Schwab’s ( SCHW ) most popular index funds. Built on top of the Dow Jones Large Cap Growth Index, it is more diversified than the NASDAQ-100, with 247 stocks compared to the NASDAQ-100’s (you guessed it) one hundred....
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For further details see:
SCHG: A Worthy QQQ Alternative