When it comes to technology index funds, the granddaddy of them all is the Invesco QQQ Trust (ticker: QQQ), the avatar for the closely watched Nasdaq-100 – an index that isn’t a pure play, but which defines many investors’ perceptions of tech. Beating QQQ is a worthy target, with a five-year price gain of 102.3% as of Aug. 30, nearly doubling the 55.6% posted by the S&P 500.
But the mighty QQQ can be beaten. At least right now, and especially by specialty funds following semiconductor indexes.
This post originally appeared at U.S. News & World Report.