While multiple ETFs offer exposure to NASDAQ indexes, the QQQ ETF is the leader of that group. QQQ tracks the widely followed Nasdaq-100 Index, which is a benchmark that holds some of the most popular tech stocks. At the time of this writing, tech stocks make up more than 60% of this fund’s assets.

Unlike many other ETFs, QQQ is much more concentrated in its top holdings — investing more than 30% of its assets in Microsoft, Apple, and Amazon — and is more volatile than most other large-cap funds. Because of this, the ETF is often viewed as a snapshot of how the technology sector is performing as a whole.

QQQ Annual Performance
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
19.89% 3.44% 18.09% 36.60% 19.12% 9.54% 7.01% 32.70% -0.14% 39.12%

Per the rules of its index, the fund only invests in non-financial stocks that are listed on the NASDAQ exchange, and effectively ignores other sectors as well. The Nasdaq 100 Index is made up of 100 of the largest companies across the globe (excluding financial companies) that are listed on the NASDAQ stock exchange.

ETF Expense Ratio 10yr Performance
QQQ 0.20% 17.29%
QQQE 0.35% 10.48%
QQEW 0.59% 14.10%
ONEQ 0.21% 15.47