Invesco TV Spot, 'Agents of Innovation: Time Out' Featuring Thom Scot II, Jay Wright - iSpot.tv.

What Is the Difference Between QQQ and QQQQ? QQQ is the stock ticker symbol for the Invesco 100 Trust exchange-traded fund. QQQQ is the ticker used previously and replaced in 2011.

Thomas Peterffy (born September 30, 1944) is a Hungarian-born American billionaire businessman. He is the founder, chairman, and the largest shareholder of Interactive Brokers.

The Invesco QQQ Trust is a great ETF. It provides investors with exposure to the top 100 non-financial stocks trading on the Nasdaq at a reasonable cost. However, it's not a great ETF to buy right now.

XLK has outperformed QQQ on a three-year basis, with a three-year annualized return of 13.4%. It has also beaten QQQ over the past five years, with an annualized return of 19.6%.

Since IBKR does not make proprietary bets, the risk of IBKR going bankrupt and client funds being tied up in a liquidation is significantly less than other broker-dealers that which take proprietary positions. Additionally, IBKR's clients do not have to worry about their broker making proprietary bets against them.

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An expensive investment The Invesco QQQ Trust is a relatively inexpensive fund, given its 0.2% ETF expense ratio. However, the stocks in the fund are rather expensive. The Nasdaq 100 currently trades at 30.6 times earnings and 27.3 times the forward price-to-earnings (P/E) ratio.

These are both top tech ETFs. XLK has slightly outperformed QQQ over the past 10 years and also offers investors a lower expense ratio. Additionally, it offers an exclusive focus on technology stocks.

The QQQ ETF offers investors big rewards during bull markets, the potential for long-term growth, ready liquidity, and low fees. QQQ usually declines more in bear markets, has high sector risk, often appears overvalued, and holds no small-cap stocks.

No, Islamic or swap-free accounts are not available at Interactive Brokers. I've thoroughly tested Interactive Brokers services with our analyst team by opening a real-money account and these are my most important findings: Islamic or swap-free accounts ensure halal trading as there is no interest paid or received.

Interactive Brokers: Best Online Broker for International Trading & Best Online Broker for Non-U.S. Investors. Fees: $0.00 commissions for equities/ETFs available on IBKR's TWS Lite, or low costs scaled by volume for active traders that want access to advanced functionality such as order routing.