Invesco QQQ Is Magnificent, but This 1 ETF Might Be Even Better Right Now

For years, the Invesco QQQ ETF (NASDAQ: QQQ) has been one of the industry's elite performers. This performance, of course, has been heavily influenced by the overwhelming presence of the U.S. economy's biggest innovators and tech companies.

If there's one complaint about the fund, it's the concentration problem. Right now, roughly 45% of the index is represented by the top 10 stocks.

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The problem might only get worse when Space Exploration Technologies gets added while Anthropic and OpenAI likely wait in the wings. That's a lot of investment to be making in just a handful of stocks.

The better idea might not necessarily be to pivot away from the tech sector altogether, but to diversify within it.

The Direxion NASDAQ-100 Equal Weighted Index ETF (NASDAQ: QQQE) uses the same index as the Invesco QQQ ETF, but weights the holdings equally. This simple change to the index construction helps alleviate much of the co

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/invesco-qqq-magnificent-1-etf-120600272.html)