"Since 1999, the Invesco QQQ Trust ( has been the "go-to" Exchange Traded Fund of institutions and aggressive growth-minded investors looking for Nasdaq-100 Index tracking and equivalent gains. With trailing returns ranging from 1 year (20.57%), 5 years (17.00%), and 10 years (18.49%), QQQ has a consistent performance history of large cap growth that has helped millions of investors successfully engage in portfolio wealth building with sterling results."
"In November 2024, Fundstrat Capital, founded by heralded equity and cryptocurrency analyst Tom Lee, launched its own large cap ETF: the Fundstrat Granny Shots US Large Cap ETF (NYSEARCA: GRNY) named for its unconventional, yet effective approach towards portfolio management, likened to the underhanded Granny Shot free-throw technique used by children and elderly basketball players. To the surprise of many, GRNY is smoking its ETF rivals, notching an 18% return year-to-date."
The Invesco QQQ Trust has been the primary Nasdaq-100 tracking ETF since 1999, delivering strong trailing returns of 20.57% (1 year), 17.00% (5 years), and 18.49% (10 years). Fundstrat Capital launched the Fundstrat Granny Shots US Large Cap ETF (GRNY) in November 2024, employing an unconventional stock-selection approach. GRNY has produced an 18% year-to-date return and attracted more than $2 billion in inflows within its initial operating period. GRNY’s performance outpaces many rivals and has prompted additional Fundstrat ETF registrations, though the nine-month operating history leaves long-term sustainability uncertain.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]