All Things Personal Finance

[computerwiz]

19 hours ago, bobby said:

what is QQQ

 

QQQ is the ticker symbol for the Invesco QQQ Trust, an exchange-traded fund (ETF) that tracks the Nasdaq-100 Index. This index includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market.

Key facts:

• Tech-heavy: QQQ is heavily weighted toward technology companies like Apple, Microsoft, Amazon, NVIDIA, and Meta.

• Growth-focused: It typically appeals to investors looking for growth rather than dividend income.

• Liquid and popular: It’s one of the most traded ETFs in the world due to its performance and tech exposure.

In short, QQQ gives you a simple way to invest in many of the top-performing tech and growth stocks in the U.S. without buying each stock individually.