Is the Invesco QQQ ETF a Millionaire Maker?

The Invesco QQQ (NASDAQ: QQQ) has been one of the best-performing index-based exchange-traded funds (ETFs) over the years. The ETF tracks the popular Nasdaq-100 index, which consists of the 100 largest stocks that trade on the Nasdaq stock exchange.The Invesco QQQ proudly boasts that it has outperformed the S&P 500 by more than 400 percentage points since its launch in 1999, but is that enough for the ETF to be a millionaire maker? Let's find out.An investment in the Invesco QQQ is largely an investment in the technology sector. Approximately 60% of the ETF's holdings are classified as being technology stocks. That's not a bad thing, as technology companies have been leading the way in the market for the past few decades. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool