NASDAQ index fund

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Topic Author
NostraHistoria
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Joined: Sat May 01, 2021 2:53 pm

NASDAQ index fund

Post by NostraHistoria »

What are your thoughts about adding a NASDAQ index fund to a portfolio?
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alex_686
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Joined: Mon Feb 09, 2015 1:39 pm

Re: NASDAQ index fund

Post by alex_686 »

First, why are you interested? Why do you think that index is a good fit for your goals and risk tolerance?

But overall, pretty poor. The index construction and methodology is pretty poor. Select a random collection of largish non-bank stocks. Why?

It made more sense 30 years ago when NASDAQ was literally a 3rd rate exchange. The only reason why a company would list on NASDAQ was because they were so new, small, and rickety that they couldn't qualify for a 2nd rate exchange like AMEX. i.e., tech start ups.

This is no longer true. Rickety companies which have a uneven history of profits can now list on the top tier NYSE now that the listing requirements are basically harmonized between the 2.
Former brokerage operations & mutual fund accountant. I hate risk, which is why I study and embrace it.
Marseille07
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Joined: Fri Nov 06, 2020 12:41 pm

Re: NASDAQ index fund

Post by Marseille07 »

It's a good idea. However, I'm not aware of ETFs tracking NASDAQ. The funds like QQQ track NASDAQ-100, only the biggest companies in NASDAQ.
Topic Author
NostraHistoria
Posts: 158
Joined: Sat May 01, 2021 2:53 pm

Re: NASDAQ index fund

Post by NostraHistoria »

67% Bitcoin, 21% FZROX, 5% FZILX, 2% GLD, 5% individual stocks
Triple digit golfer
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Re: NASDAQ index fund

Post by Triple digit golfer »

My thoughts are that I would not do this.
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retired@50
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Re: NASDAQ index fund

Post by retired@50 »

NostraHistoria wrote: Sun Sep 19, 2021 3:34 pm What are your thoughts about adding a NASDAQ index fund to a portfolio?
This doesn't seem necessary to me, especially if you hold a total stock market fund.

Dividing up stocks by which exchange they trade on is one way to go, but then to get full US market exposure, you'd have to buy a NYSE Composite Index Fund and any other funds that represent the other major stock exchanges.

Using a total market fund will include the stocks of the NASDAQ, the NYSE, etc., all in one fund.

Regards,
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MotoTrojan
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Re: NASDAQ index fund

Post by MotoTrojan »

My thoughts are that you are chasing performance and this is a bad idea.
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