ONEQ Vs. QQQ: A Comparison Of Two Popular ETFs
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Let’s take some time to learn more about two popular choices that you can consider as part of your investment strategy – ONEQ vs. QQQ.
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As there is so much financial advice out there, let’s deep dive into a specific type of fund that may help your choice easier.
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ONEQ and QQQ are both ETFs that are US stock large growth funds. This means that they both invest in almost similar investments.
ONEQ Vs. QQQ
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ONEQ: Fidelity Nasdaq Composite Index ETF
ONEQ’s goal is to provide results similar to the yield of the NASDAQ Composite Index.
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QQQ: Invesco QQQ Trust Series
QQQ seeks to provide investment results corresponding with the NASDAQ-100 index.
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Performance Differences
The 5-years return of QQQ has been better than ONEQ (26.83% vs. 24.24%). However, the performance of QQQ over the years has also been great.
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Which Of The Two Funds Is Better?
The two funds are US stocks large growth funds, and therefore, it’s best to invest in one of them but not both.
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