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Invesco Nasdaq 100 ETF (QQQM) hits $100B AUM, remains top growth index fund despite new cheaper rivals.

Market News
20 Jul 2026
ETF Trends
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Bullish
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The Invesco Nasdaq 100 ETF (QQQM) recently reached $100 billion in assets under management, maintaining its popularity as a low-cost, growth-focused index fund. Despite new competition from iShares and State Street offering slightly cheaper alternatives, QQQM's liquidity, strong performance, and exposure to major tech and growth stocks keep it favored by investors. It serves as a core growth component in portfolios, especially for those confident in technology's prospects. While volatility exists, QQQM has outperformed many active funds over time, making it a compelling choice for investors bullish on U.S. large-cap growth stocks.

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