Nigeria
2020-09-13 07:32
Market analysisNew ETF Offers Exposure To Next Up Nasdaq-100 Members
Related product:
Forex,Stock,Others
Market analysis:
Even with the recent pullback in technology stocks, the Nasdaq-100 Index (NDX) is trouncing the S&P 500 again this year, bringing fresh acclaim to the former and new assets to exchange-traded funds tracking that benchmark.
What Happened: For those wondering from where many Nasdaq-100 members hail, the answer is easy: the Nasdaq Q-50 Index (NXTQ), a benchmark that is something of a “junior varsity” for aspiring NDX members.
With Thursday's debut of the VictoryShares Nasdaq Next 50 ETF (NASDAQ: QQQN), the Q-50 Index finally has an ETF linked to it. “Finally” because the NDX proving ground is nearly 13 years old.
“The Index is comprised of 50 securities ranked by market capitalization and reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade, and biotechnology. It does not contain securities of financial companies including banking and investment companies, as these are ineligible for NASDAQ-100 Index inclus
FX2417712333
Agent
Hot content
Industry
Event-A comment a day,Keep rewards worthy up to$27
Industry
Nigeria Event Giveaway-Win₦5000 Mobilephone Credit
Industry
Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit
Industry
South Africa Event-Come&Win 240ZAR Phone Credit
Industry
Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit
Industry
[Nigeria Event]Discuss&win 2500 Naira Phone Credit
Forum category
Platform
Exhibition
Agent
Recruitment
EA
Industry
Market
Index
New ETF Offers Exposure To Next Up Nasdaq-100 Members
Nigeria | 2020-09-13 07:32
Even with the recent pullback in technology stocks, the Nasdaq-100 Index (NDX) is trouncing the S&P 500 again this year, bringing fresh acclaim to the former and new assets to exchange-traded funds tracking that benchmark.
What Happened: For those wondering from where many Nasdaq-100 members hail, the answer is easy: the Nasdaq Q-50 Index (NXTQ), a benchmark that is something of a “junior varsity” for aspiring NDX members.
With Thursday's debut of the VictoryShares Nasdaq Next 50 ETF (NASDAQ: QQQN), the Q-50 Index finally has an ETF linked to it. “Finally” because the NDX proving ground is nearly 13 years old.
“The Index is comprised of 50 securities ranked by market capitalization and reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade, and biotechnology. It does not contain securities of financial companies including banking and investment companies, as these are ineligible for NASDAQ-100 Index inclus
Forex
Stock
Others
Like 0
I want to comment, too
Submit
0Comments
There is no comment yet. Make the first one.
Submit
There is no comment yet. Make the first one.