Nasdaq 5,000 Not Out of the Question

As we noted earlier today, some Nasdaq-focused ETFs have already touched fresh all-time highs. That group includes the First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NasdaqGM: QQXT). Health care exposure has benefited QQXT in a big way. As of Feb. 25, the NASDAQ-100 Ex-Tech Sector Index had a health care weight of almost 22.6%, or about 830 basis points above the sector’s weight in the NASDAQ 100. [This Nasdaq ETF Hit Another Record High

Chart Courtesy: Chart of the Day

ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of QQQ.