Among its top component holdings, QQQ includes heavy tilts toward prominent tech names, such as Apple (NasdaqGS: AAPL) 13.6%, Microsoft (NasdaqGS: MSFT) 8.0%, Google (NasdaqGS: GOOG) 7.0%, Intel (NadaqGS: INTC) 3.7% and Facebook (NadsaqGS: FB) 3.6%.

The tech sector may continue to provide growth opportunities as we expand mobile computing and clouding computing. The growth in mobile devices will overpass potential weakness in personal PC sales as consumers and businesses shift into smartphones and tablets.

“Our analysts project that some 2.6 billion-plus computing devices will ship in 2017–more than twice the total number of devices that shipped in 2012,” Goldsborough said.

Alternatively, investors can take a look at the Fidelity NASDAQ Composite Index (NasdaqGM: ONEQ) for broader exposure to the Nasdaq. ONEQ tracks over 1,900 stocks taken from the Nasdaq Composite Index and is less top h eavy than QQQ. Additionally, ONEQ includes Nasdaq-listed financial stocks.

For more information on the Nasdaq, visit our Nasdaq category.

Max Chen contributed to this article.