In this episode of "This Week in Wall Street History," host Todd M. Schoenberger, CEO of CrossCheck Media, commemorates the 26th anniversary of the Invesco QQQ ETF, which was launched on March 10, 1999. The QQQ ETF tracks the Nasdaq-100 Index®, providing investors access to 100 of the largest non-financial companies listed on the Nasdaq stock exchange.
Over its 26-year history, the QQQ has demonstrated remarkable performance. As of December 31, 2024, the QQQ has achieved a cumulative outperformance of 443.43% compared to traditional benchmarks like the S&P 500 Index.
This significant growth underscores the ETF's focus on innovative and high-growth companies, particularly in the technology sector. In comparison, the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 Index, has provided investors with broad exposure to 500 leading U.S. companies across various sectors. Over the past 10 years, QQQ has had annualized average returns of 17.14%, compared to 12.48% for SPY.
This performance highlights the robust returns associated with the tech-focused Nasdaq-100 Index®. Join Todd as he delves into the origins of the QQQ ETF, its evolution over the past 26 years, and its impact on investors seeking exposure to cutting-edge companies. Whether you're a seasoned investor or new to the world of ETFs, this episode offers valuable insights into one of the most influential financial products of the modern era.
#Nasdaq100ETF #InvescoQQQ #ETFAnniversary #StockMarketHistory #ToddSchoenberger #CrossCheckMedia #InvestmentInsights #TechStocks #FinancialInnovation #WallStreetHistory
Learn more about your ad choices. Visit megaphone.fm/adchoices