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Core Holding for Long-Term Investors: Invesco QQQ Trust

The Motley Fool +1 ·

QQQ
QQQ Invesco QQQ Trust Series 1
$704.40 -0.01%
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  1. 1Invesco QQQ Trust is the world's fifth-largest ETF, holding approximately $489 billion in assets under management (AUM).
  2. 2Approximately three-quarters of the QQQ portfolio consists of technology and communication stocks, including 68% in technology and 6% in communications.
  3. 3Since March 9, 1999, the QQQ fund has recorded an average annual return of 10.6%.

So what's the key point?

Invesco QQQ Trust is a very large fund that holds many stocks in the technology and communications sectors. It has earned an average return of about 10.6% per year since 1999.

Source The Motley Fool +1 · View original ↗

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