All in the Genes: QQQ Offspring QQQJ Proves Success Breeds More Success
The
Invesco NASDAQ Next Gen 100 ETF (QQQJ) is part of this year’s bumper crop of new exchange traded funds. As a relative of the famed
Invesco QQQ Trust (NASDAQ: QQQ), the rookie ETF has a big legacy to live up to.
QQQJ, which is almost two months old, extends the QQQ ETF further by offering access to the “next 100” non-financial companies listed on the Nasdaq, outside of the NASDAQ-100 Index, offering a mid-cap alternative to the NASDAQ-100. In other words, QQQJ is a proving ground for companies that could eventually be added to the popular QQQ.