QQQ vs VGT: Which Tech ETF Is Better?
Key takeaways
- The Invesco QQQ ETF tracks the Nasdaq-100 index, which simply includes the 100 largest non-financial companies trading on the Nasdaq exchange.
- Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
- The Vanguard Information Technology ETF, however, doesn t have that issue.
VGT QQQ NVDA INTC WMT Investors might think that because the Invesco QQQ ETF (NASDAQ: QQQ) and the Vanguard Information Technology ETF (NYSEMKT: VGT) both invest heavily in tech and growth stocks, they re interchangeable. They re not.
The Invesco QQQ ETF tracks the Nasdaq-100 index, which simply includes the 100 largest non-financial companies trading on the Nasdaq exchange. It s nearly two-thirds invested in tech stocks, but it also includes Walmart, Costco Wholesale, Pepsi Co, and Amgen. In other words, companies that reside far away from the tech sector.
Will AI create the world s first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »