Exchange-traded funds, or ETFs, are one of the easiest ways to diversify your investment portfolio. The Nasdaq 100 is a stock market index made up of the 100 largest companies listed on the Nasdaq exchange, excluding financial sector companies. The market capitalization-weighted Nasdaq-100 index is subtly different from the popular Nasdaq composite index. While the Nasdaq-100 components make up more than 90% of the weight of the Nasdaq composite, the Nasdaq 100 avoids the smallest of the more than 3,900 stocks included in the Nasdaq composite.
Here are six of the best ETFs to buy that track the Nasdaq-100 index:
ETF
Expense ratio
Invesco QQQ Trust (ticker: QQQ)
0.2%
Invesco Nasdaq 100 ETF (QQQM)
0.15%
Direxion Nasdaq-100 Equal Weighted ETF (QQQE)
0.35%
Invesco ESG Nasdaq 100 ETF (QQMG)
0.2%
ProShares Ultra QQQ (QLD)
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