ETF Trends publisher Tom Lydon discussed the PowerShares QQQ ETF (QQQ) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

Better-than-expected Q1 earnings out of tech giants have helped fuel QQQ’s rally; Bets on tax cuts from Trump administration also helped major indices surge.

QQQ’s top holdings include Apple 11.8%, Microsoft 8.2%, Amazon 6.8%, Facebook 5.4%, Alphabet 4.7%, Googl 4.1%, Comcast 2.9%, Intel 2.8%, Cisco 2.6% and Amgen 1.9%.

Click here to listen to the podcast.