NASDAQ 100 (LONG ONLY)

QQQ is an exchange-traded fund (ETF) managed by Invesco that tracks the performance of the Nasdaq-100 index. The Nasdaq-100 index includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq stock exchange.

QQQ is designed to provide investors with exposure to the technology and growth sectors of the U.S. stock market. The top holdings in QQQ include technology giants like Apple, Microsoft, Amazon, and Alphabet (Google), as well as companies in the healthcare, consumer discretionary, and communications sectors.

As an ETF, QQQ is a passively managed fund that aims to replicate the performance of the Nasdaq-100 index. This means that when the index increases in value, QQQ is designed to increase in value by a similar amount (minus fees and expenses). Similarly, when the index decreases in value, QQQ is designed to decrease in value by a similar amount (minus fees and expenses).

QQQ is popular among investors who want exposure to the technology and growth sectors of the U.S. stock market, as well as those who want to diversify their portfolios with a broad-based ETF. QQQ has a low expense ratio compared to other technology-focused ETFs, making it an attractive option for cost-conscious investors.

In summary, QQQ is an ETF that tracks the performance of the Nasdaq-100 index, providing investors with exposure to the technology and growth sectors of the U.S. stock market. It is a passively managed fund that aims to replicate the performance of the index and is popular among investors who want to diversify their portfolios with a broad-based ETF.