As we enter the summer months, investors may be concerned about how QQQ and QQQM will fare in the market. However, there is reason to believe that these ETFs can survive any potential summertime blues.
Both QQQ and QQQM track the performance of the Nasdaq-100 Index, which is composed of the 100 largest non-financial companies listed on the Nasdaq stock exchange. This means that they are heavily weighted towards technology and growth stocks, which have historically performed well during the summer months.
Additionally, the Nasdaq-100 Index has shown resilience in the face of market volatility, making QQQ and QQQM attractive options for investors looking to weather any potential storms in the market.
Overall, while there may be some uncertainty in the market during the summer, QQQ and QQQM have the potential to survive any blues that may come their way. Investors should continue to monitor these ETFs and stay informed about any market developments that may impact their performance.