Is QQQQ the best way to benefit from the NASDAQ?

bettercareerforme: Is QQQQ the best way to benefit from the NASDAQ?
The QQQQ is supposed to track the NASDAQ-100. Is there a better stock/fund that can get me the performance of the NASDAQ?

Answers and Views:

Answer by divaanddress
The BEST?…umm, its “Excellent”, how bout that?

“Cubes” is an Exchange Traded Fund (basically it’s a mutual fund) with some benefits above a Mutual fund.

1. It tracks the NASDAQ 100 (the most active stocks), not the NASDAQ.
2. It is highly liquid.
3. Options are available for it, thus you can hedge your QQQQ position.
4. It trades like a stock, so you don’t pay end of day asset valuation the way you would with a mutual fund.
5. It is passively managed, thus you save a lot on management fees.

Answer by pgcpaul
Take a look at ONEQ . Supposed to be a QQQQ equivalent, but has a less volatile, higher return record since inception while remaining 99% correlated to te NDX Index.