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QQQ tracks the Nasdaq-100, which contains the 100 largest non-financial companies, not non-tech companies. Nine of QQQs top ten holdings are tech companies, wh
by TeaBrain 2y ago
QQQ tracks the Nasdaq-100, which contains the 100 largest non-financial companies, not non-tech companies. Nine of QQQs top ten holdings are tech companies, which by themselves account for almost 50% of the ETFs allocations.
- mg 2y agoYes, typo. I meant non-finance. QQQ is a good indicator for how tech performed since the so-called "dot com bubble". And it performed pretty well. That's why I tend to not call it a bubble.