Invesco NASDAQ 100 Index ETF
QQC.TO (TSX)
The Invesco NASDAQ 100 Index ETF (QQC) offers investors a strategic entry into top tech-focused companies, making it an ideal choice for growth-oriented beginners. With a solid 1-year return of 19.60% and a remarkable 5-year return of 114.85%, this ETF also features a modest dividend yield of 0.38%, providing both growth potential and some income. Although QQC has seen a slight decline of 0.17% over the past month, it boasts a strong annual performance, reflecting a 15.53% increase.
Pros:
- Exposure to top tech-heavy companies
- Suitable for growth-oriented investors
Cons:
- Higher volatility due to tech concentration
- Limited sector diversification
The Invesco NASDAQ 100 Index ETF (QQC.TO) may be suitable for growth-oriented investors seeking exposure to leading technology companies, particularly those who are willing to accept volatility in exchange for the potential for significant capital appreciation. With its strong historical performance and modest dividend yield, this ETF could be a valuable addition to a diversified portfolio, especially for those looking to invest in the tech sector.