QQQ is an inexpensive route for investors to own a piece of Apple. The benefits of exposure to some of the best technology companies is in this ETF, and diversification benefits are also built in due to the exposure to consumer discretionary companies.
QQQ is up about 21.8% year-to-date and has about $35.6 billion in assets under management. The fund is very liquid and the 0.20% expense ratio supports the fact that this ETF is one of the most efficient ways to gain exposure to the upward momentum of Apple.
PowerShares QQQ
Tisha Guerrero contributed to this article.
Full disclosure: Tom Lydon’s clients own AAPL and QQQ.