If You'd Invested $1,000 in the Invesco QQQ ETF 27 Years Ago, Here's How Much You'd Have Today
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Thanks to the multidecade bull market in tech stocks, the Invesco QQQ Trust ETF (NASDAQ: QQQ) is one of the best-performing exchange-traded funds (ETFs) in the world. Having launched back in early 1999, it's amassed more than $400 billion in assets under management (AUM), making it one of the five biggest ETFs in the marketplace. Today, the Nasdaq-100, the index it's based on, has become famously concentrated. Its top five holdings -- Nvidia, Apple, Microsoft, Amazon, and Tesla -- are all part of the "Magnificent Seven" stocks and account for roughly 1/3 of the entire portfolio.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool