Nvidia, Apple, and More: Why This ETF Crushes the Market
The Invesco QQQ Trust is one of the top-performing ETFs in the market, with a 15-year total return that ranks it in the top 1% of large-cap growth funds. With its current price above $710 per share, investors can buy one share of this world-class ETF and still have some cash left over.
The fund tracks the Nasdaq-100 index, which includes 100 of the largest non-financial stocks on the Nasdaq stock exchange. Its top five holdings are Nvidia, Apple, Microsoft, Micron Technologies, and Amazon, with each holding a significant percentage of the fund's value: 8.4%, 7.4%, 5.7%, 4.7%, and 4.6% respectively.
Investing in this fund eliminates single-stock risk while still offering potential for high returns. Since its launch in 1999, the Invesco QQQ Trust has delivered more than 1,600% return, outperforming the S&P 500's return of less than 860%. If an investor had put $750 into the fund at its launch, it would now be worth over $10,450.