Top Nasdaq 100 ETFs | Find The Best Nasdaq 100 ETF | justETF (2024)

FAQs

Top Nasdaq 100 ETFs | Find The Best Nasdaq 100 ETF | justETF? ›

The most popular Nasdaq ETF is the Invesco QQQ Trust. It tracks the Nasdaq-100, an index of the 100 largest non-financial companies on the Nasdaq. As such, it's a tech-heavy ETF, with about half of its holdings in the information technology sector.

The most popular Nasdaq ETF is the Invesco QQQ Trust. It tracks the Nasdaq-100, an index of the 100 largest non-financial companies on the Nasdaq. As such, it's a tech-heavy ETF, with about half of its holdings in the information technology sector.

How to invest in the Nasdaq Composite Index. The easiest way to invest in the Nasdaq Composite Index is to buy an index fund, which is a mutual fund or ETF that passively tracks the index. An index fund is designed to invest in all of the components of a stock index and in the same weights as the index.

The iShares S&P 100 ETF seeks to track the investment results of an index composed of 100 large-capitalization U.S. equities.

NASDAQ-100 Index: YTD: 17.47%; 1YR: 30.77%; 3YR: 11.49%; 5YR: 21.74%; 10YR: 18.89%; Since Inception: 10.15%.

Average Return

In the past year, QQQ returned a total of 23.62%, which is slightly higher than VOO's 22.05% return. Over the past 10 years, QQQ has had annualized average returns of 18.33% , compared to 13.11% for VOO. These numbers are adjusted for stock splits and include dividends.

The S&P 500 tracks the 500 largest public U.S. companies, so the Vanguard S&P 500 ETF contains roughly five times as many companies as the Invesco QQQ ETF. This allows the Vanguard S&P 500 ETF to cover a lot more ground with a single investment.

Relative Strength Index (RSI)

The RSI is a momentum oscillator that measures the speed and change of price movements. Scalpers may use the RSI to identify potential overbought or oversold conditions, which may indicate a reversal in the price trend.

The Nasdaq-100® and S&P 500 stand as two of the most prominent equity indexes in the United States. With its considerable emphasis on innovative sectors like Technology, Consumer Discretionary, and Health Care, the Nasdaq-100 has consistently outperformed the S&P 500 over the past 16 years (12/31/2007 – 3/28/2024).

Intraday Trading the NASDAQ-100. Intraday trading, also known as day trading, involves opening and closing positions within the same trading day. It's a popular strategy for traders looking to capitalize on short to medium-term price movements.

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It has delivered a strong performance over the years. Since launching in 1999, the fund has delivered a more than 800% cumulative return, outperforming the S&P 500's return by over 300%. The fund charges a reasonable ETF expense ratio of 0.2% that lets investors earn returns roughly matching the Nasdaq-100 index.

The Nasdaq returned 264% over the last decade, compounding at 13.8% annually. Investors can get direct exposure to the index with the Fidelity Nasdaq Composite ETF (NASDAQ: ONEQ).

QQQ is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.21% for ONEQ. QQQ is up 20.05% year-to-date (YTD) with +$22.16B in YTD flows. ONEQ performs worse with 18.46% YTD performance, and +$238M in YTD flows.

NDQ Nasdaq 100 ETF is the ASX-traded equivalent of QQQ in that both ETFs seek to track the Nasdaq 100 Index, so NDQ and QQQ will give you exposure to the same companies. However, QQQ is not traded on the ASX, whereas NDQ is.

QQQE will consist of the same stocks as QQQ, one of the most popular ETFs out there. But the two products are far from identical as a result of the weighting methodologies employed; QQQ is a modified cap weighted ETF, while QQQE assigns an equal allocation to each of the approximately 100 components.

And the QQQ is cheap, only charging 0.2%. There's an even cheaper version, the Invesco Nasdaq 100 ETF (QQQM), which charges just 0.15%.