Top Nasdaq ETFs for Q3 2023 (2024)

FAQs

What is the highest returning ETF in 2023? ›

1. Invesco (QQQ) QQQ is the most popular Nasdaq ETF because it uses a full replication strategy, meaning this ETF includes every security in the Nasdaq Index rather than a representative sample. Invesco QQQ offers an annualized return of 9.5% since its inception in 1999.

VGT - Performance Comparison. The year-to-date returns for both stocks are quite close, with QQQ having a 10.46% return and VGT slightly lower at 10.29%. Over the past 10 years, QQQ has underperformed VGT with an annualized return of 18.79%, while VGT has yielded a comparatively higher 20.71% annualized return.

Invesco Nasdaq 100 ETF (QQQM)

The plus side is that investors can save a few dollars on fees given its expense ratio is just 0.15%. As a result of the slight fee difference, QQQM has outperformed QQQ by a margin of 0.07 percentage points over the past three years.

These three ETFs--SPY, QQQ, and IWM--provide investors with a diversified approach to the stock market, covering the spectrum from large-cap stability to tech innovation to small-cap growth. They cater to investors aiming for a balanced investment portfolio that taps into various market segments.

Average Return

In the past year, QQQ returned a total of 35.63%, which is significantly higher than VOO's 28.53% return. Over the past 10 years, QQQ has had annualized average returns of 18.84% , compared to 13.03% for VOO. These numbers are adjusted for stock splits and include dividends.

Average Return. In the past year, QQQ returned a total of 39.07%, which is significantly higher than SPY's 30.74% return. Over the past 10 years, QQQ has had annualized average returns of 18.80% , compared to 12.91% for SPY. These numbers are adjusted for stock splits and include dividends.

Bloomberg recently reported that only one equity mutual fund, the Baron Partners Fund, has outperformed QQQ over the past 5, 10, and 15 years, mainly due to its outsized exposure to Tesla.

Should I invest in VOO or VGT? ›

VOO - Performance Comparison. In the year-to-date period, VGT achieves a 10.29% return, which is significantly lower than VOO's 11.78% return. Over the past 10 years, VGT has outperformed VOO with an annualized return of 20.71%, while VOO has yielded a comparatively lower 13.05% annualized return.

Over the long run, they do compound—those fee differences—and investors have been putting a lot more money into VOO versus SPY. That is the reason why we view VOO slightly better than SPY. And that is just the basic approach, which is the lower the investor can pay, the better the investment is.

The QQQ ETF offers buy-and-hold investors low expenses and long-term growth potential with enough diversification to avoid the risks of betting on one company. On the downside, long-term investors in QQQ must deal with sector risk, possible overvaluation, and the absence of small caps.

Etfs . USA . Invesco QQQ Trust competes with Sterling Capital, Upholdings Compound, Northern Lights, First Trust, and Northern Lights; as well as few others.