Investing In The Nasdaq 100 Index With Qqqm

Invesco NASDAQ 100 ETF (QQQM): A Comprehensive Guide

Investing in the Nasdaq-100 Index with QQQM

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund (ETF) that tracks the performance of the Nasdaq-100 Index. The Nasdaq-100 is a stock market index that includes the 100 largest non-financial companies listed on the Nasdaq exchange. The index is dominated by technology and healthcare companies, with Apple, Microsoft, Amazon, and Alphabet (Google's parent company) among its top holdings.

Benefits of Investing in QQQM

Investing in QQQM offers several benefits for investors:

• Diversification: QQQM provides investors with exposure to a wide range of large-cap technology and healthcare companies. This diversification reduces the risk of investing in individual stocks, as the performance of one stock will not significantly impact the overall performance of the ETF.
• Low Fees: QQQM has an expense ratio of just 0.15%, making it one of the most cost-effective ways to invest in the Nasdaq-100 Index.
• Liquidity: QQQM is a highly liquid ETF, with an average daily trading volume of over $2 billion. This liquidity makes it easy for investors to buy or sell shares of QQQM at a fair price.

Performance and Returns

QQQM has performed well since its inception in 2018, delivering an annualized total return of over 20%. The ETF has outperformed the broader market, as measured by the S&P 500 Index, during this period.

Investing in QQQM

Investors can purchase shares of QQQM through any major brokerage account. The ETF is also available in retirement accounts, such as individual retirement accounts (IRAs) and 401(k) plans.

Conclusion

The Invesco NASDAQ 100 ETF (QQQM) is a low-cost and diversified way to invest in the Nasdaq-100 Index. The ETF has performed well since its inception and is a suitable investment for investors looking for exposure to the technology and healthcare sectors.