Looking for Exposure to the Nasdaq-100? Consider These Two ETFs – TipRanks
If you’re seeking exposure to the Nasdaq-100, you may want to consider investing in exchange-traded funds (ETFs). Two popular options to consider are the Invesco QQQ Trust (QQQ) and the ProShares UltraPro QQQ (TQQQ).
The Invesco QQQ Trust (QQQ) is one of the oldest and most widely traded ETFs that tracks the Nasdaq-100 Index. It provides investors with exposure to some of the largest and most innovative companies in the technology, consumer discretionary, and healthcare sectors. With an expense ratio of 0.20%, QQQ is a cost-effective way to gain exposure to the Nasdaq-100.
For investors looking to amplify their exposure to the Nasdaq-100, the ProShares UltraPro QQQ (TQQQ) may be worth considering. TQQQ seeks to provide three times the daily performance of the Nasdaq-100 Index. This ETF is designed for investors with a high tolerance for risk and a bullish outlook on the tech sector.
Both QQQ and TQQQ offer investors the opportunity to diversify their portfolios and gain exposure to some of the top-performing companies in the Nasdaq-100. As with any investment, it’s important to conduct thorough research and consider your risk tolerance before investing in these ETFs.