FYI: As many of you are probably aware the big tech stocks (MSFT, AMZN, GOOG, etc…) have taken a big hit in their share price (the business fundamentals still seem strong however), and this has created a decent sized gap in the performance of QQQE (equal weight) vs. QQQ (cap weight) tech index.
6 Month Returns
QQQE : -12.3%
QQQ : -16.8%
The 5 Year return for QQQ is still well ahead of the QQQE, it will be interesting to see if that gap continues to close or if big tech comes back into favor.
tecmo
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