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Invesco s QQQ ETF Outpaces Its Junior Counterpart Two Traders Pick Favorites

Invesco s QQQ ETF Outpaces Its Junior Counterpart Two Traders Pick Favorites
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QQQJ vs QQQN: A Comparison Of Two Nasdaq Next Gen ETFs

QQQJ vs. QQQN: A Comparison Of Two Nasdaq Next Gen ETFs Both offer a high growth tech focused opportunity, but one ETF comes out slightly ahead. Author: Jul 26, 2021 Throughout the past several years, the tech sector has been the one area of the market that investors have consistently come back to for growth and, yes, even safety. While the Nasdaq 100 (QQQ) doesn t offer pure tech exposure, it s used by many as a proxy for it. Even during the COVID-19 recession of 2020, tech stocks continued to outperform the broader market. The tech sector actually began trailing the S&P 500 earlier this year when it appeared that cyclicals and value stocks were going to begin leading the way, but the reflation trade has since fizzled out and tech has returned to its familiar leadership position.

41 New Innovators Join Invesco QQQ Innovation Suite

41 New Innovators Join Invesco QQQ Innovation Suite December 18, 2020 Nasdaq announced index changes last week that will be reflected in the Invesco QQQ Innovation Suite. This will be the first time investors will be able to easily capture not only the movement of companies between the Nasdaq 100 and the Nasdaq Next Gen 100 Index, but the addition of 41 new innovators to the Nasdaq Next Gen 100 Index. “The Nasdaq Next Generation index will welcome 41 new members before market open on Monday, December 21, including six companies (seven securities) from the Nasdaq 100 Index, with a fair amount of the new entrants coming from the biotech and clean energy sectors,” says Ryan McCormack, Factor, and Core Equity Strategist at Invesco.

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