Invesco NASDAQ 100 Index ETF
QQC.TO (TSX)
The Invesco NASDAQ 100 Index ETF (QQC) provides investors with a gateway to leading tech and growth stocks in CAD, making it a compelling choice for those new to the market. With a solid 1-year return of 15.96% and an impressive 5-year return of 111.31%, QQC is designed for those seeking exposure to U.S. innovation. Its forward dividend yield stands at 0.39%, reflecting the fund's commitment to consistent income in an equity environment that can be volatile.
Pros:
- Exposure to top tech stocks
- Strong historical returns
Cons:
- High concentration risk
- Market volatility risk
The Invesco NASDAQ 100 Index ETF (QQC.TO) may be suitable for investors looking for exposure to a diversified portfolio of leading technology and growth stocks, particularly those who prefer to invest in Canadian dollars. With its strong historical performance and modest dividend yield, it caters to those seeking both capital appreciation and a measure of income, although potential investors should be mindful of the inherent volatility associated with equity markets.
