Forget the S&P 500 -- Buy This Magnificent ETF Instead
It's no surprise that most investors look at the S 500 when trying to assess how the stock market has performed over a certain period of time. This index of the 500 largest and most profitable U.S. companies has many popular exchange-traded funds (ETFs) that track its performance.
The S 500 has produced a 235% total return in the past 10 years. That's a respectable track record, but there's one magnificent ETF that has absolutely crushed that performance.
If you invested $1,000 in an S 500 ETF a decade ago (and reinvested any dividends), you'd have about $3,350 today. But had you put that same amount in the Invesco QQQ Trust (NASDAQ: QQQ), you'd be sitting on $5,170 now, translating to a superb total return of 417%.
Source Fool.com
Invesco Ltd. Stock
€14.22
-0.930%
Our community is currently high on Invesco Ltd. with 5 Buy predictions and 1 Sell predictions.
With a target price of 18 € there is a positive potential of 26.56% for Invesco Ltd. compared to the current price of 14.22 €.
