Durability of Tech Stocks Is Driving Force of QQQ Success
September 02, 2020 at 12:26 PM EDT
The Invesco QQQ Trust (NASDAQ: QQQ) is trouncing other broad market ETFs this year and has been for some time. Much of the explanation for that sizable out-performance is attributable to the NASDAQ-100 Index’s overweight position in technology stocks. The NASDAQ-100, QQQ’s underlying...