QQQ vs. NASDAQ Composite

Discussion in 'ETFs' started by nitrene, Sep 10, 2013.

  1. nitrene

    nitrene

    Why is there such a large spread between the ETF and the index?

    [​IMG]

    I see no such discrepancy between DIA & the Dow or SPY & S&P 500 Index.

    Is the QQQ not the same as the NASDAQ Composite? Is there a better way to invest in the Composite index?
     
  2. FXforex

    FXforex

    • Could be slightly different percentage of holdings.
    • Chart might not be accurate.
    • The difference is so miniscule that it would be nothing to be concerned about.

    :)
     
  3. newwurldmn

    newwurldmn

    No. The qqq is the Nasdaq 100.
    The composite is all Nasdaq stocks.
     
  4. nitrene

    nitrene

    Thanks. That makes a lot of sense. Just like all NYSE stocks outperform the NYSE index due to the effects of the smallcap & microcap stocks.
     
  5. As was already mentioned QQQ and Nasdq 100 (^NDX). Ratio 40 to 1.
     
  6. The true relation is QQQ and NDX , but if you were comparing QQQ with it, the minor difference would be dividends.