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Everyone knows the **QQQ** (NASDAQ:QQQ). It has been among the best-performing ETFs to hold over the past two decades, and this third decade is turning out to be better than anyone could've imagined. You get to hold the tech-heavy Nasdaq-100, and it never seems to stay down for too long.
People are spending more time on their screens, AI is taking over more and more workflows, and gigantic investments keep pouring in. The two biggest companies are also set to go public in the near future, so the Nasdaq-100 might get even juicier. All that said, the QQQ's synonymity with the Nasdaq could be making you miss out on some money.
BlackRock's New ETF, called the **iShares Nasdaq 100 ETF** (NASDAQ:IQQ) is essentially a shot at the QQQ since it tracks the same index, but does so at a lower price. IQQ buys you the Nasdaq-100 for an expense ratio of 0.12%. The icing on the cake is that there's a fee waiver in effect through July 2027, meaning you pay just 0.10%, or $10 per $10,000 invested.
The QQQ charges you $18 per $10,000. Even the cheaper QQQM charges $15 per $10,000. These few dollars may not seem worth your time, but they can add up significantly if you plan to buy, hold, and reinvest.
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