Has this ETF outperformed QQQ?

Yes, according to the report, the new ETF has outperformed QQQ recently, driven by the rally in big tech stocks.

What are the risks of investing in this ETF?

The main risk is extreme concentration in a few stocks, making it more volatile and less diversified than QQQ.

New Nasdaq ETF Bets Heavily on Big Tech, Outperforms QQQ

A new Nasdaq ETF reduces its portfolio to just 30 stocks, betting heavily on Big Tech and AI giants. This extreme concentration has led to outperformance versus QQQ, but raises questions about risk.

July 19, 2026

2 min read

Source: 24/7 Wall St.

According to a report from 24/7 Wall St., a new Nasdaq ETF that focuses on a handful of mega-cap tech stocks is outperforming the popular QQQ.

The ETF Details

The new ETF holds only 30 stocks compared to QQQ's 100, with heavy concentration in tech giants like Microsoft (MSFT), Apple (AAPL), and Alphabet (GOOGL, GOOG). It is essentially a bet on the continued dominance of AI leaders.

Outperformance

Per the report, the ETF has beaten QQQ recently, boosted by the rally in big tech stocks. However, the sustainability of this performance is questionable.

Potential Risks

The extreme concentration means any downturn in these stocks will hit the fund hard. Lack of diversification makes it more volatile than QQQ.

What This Means for Investors

Investors seeking high returns may find this ETF attractive, but they should be prepared for higher risk. It is advisable to assess risk tolerance before investing.

Frequently Asked Questions

The new ETF holds only 30 stocks versus QQQ's 100, with a heavier focus on Big Tech and AI giants.

Found this useful? Share it

This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.