---
title: "Investors Will Soon Have Two New Alternatives to Invesco QQQ"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283993539.md"
description: "BlackRock and State Street are set to launch new exchange-traded funds (ETFs) that will compete with the popular Invesco QQQ Trust, which tracks the Nasdaq-100 index. The QQQ ETF, with $372.5 billion in net assets, has outperformed both the Nasdaq Composite and S&P 500 over the past decade. The introduction of these new ETFs will provide investors with additional options for tech-heavy portfolios. Analysts suggest considering alternative stocks over QQQ, as they have identified ten stocks with potentially higher returns."
datetime: "2026-04-24T11:40:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283993539.md)
  - [en](https://longbridge.com/en/news/283993539.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283993539.md)
---

# Investors Will Soon Have Two New Alternatives to Invesco QQQ

## Key Points

-   BlackRock and State Street are launching exchange-traded funds that will compete with QQQ.
-   10 stocks we like better than Invesco QQQ Trust ›

The **Invesco QQQ Trust** (NASDAQ: QQQ) is an extremely popular exchange-traded fund. It was launched in early 1999 and tracks the **Nasdaq-100** index, representing the 100 largest nonfinancial companies listed on the **Nasdaq** stock exchange.

QQQ offers investors exposure to a wide variety of tech stocks, including the entire artificial intelligence (AI) value chain, from semiconductors to software and cloud computing companies. And it's highly diversified, with only three stocks -- **Nvidia**, **Apple**, and **Microsoft** -- exceeding more than 5% of the fund's assets. It also contains some tech-adjacent consumer discretionary stocks.

_**Will AI create the world's first trillionaire?** Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. **Continue »**_

Image source: Getty Images.

The ETF currently has $372.5 billion in net assets. And it has significantly outperformed both the **Nasdaq Composite** and the **S&P 500** over the past 10 years.

So, it's a bit of a puzzle why other firms haven't copied Invesco and launched their own Nasdaq-100 tracking ETFs.

But now they are.

This week, both **BlackRock** and **State Street** filed with the Securities and Exchange Commission to launch their own versions of QQQ, which will break Invesco's monopoly on the Nasdaq-100 ETF category. In fact, they're joining the Nasdaq-100 party because Nasdaq recently expanded access to it.

The Invesco QQQ ETF has been a great way for investors to gain exposure to a tech-heavy portfolio that also includes some consumer discretionary stocks. Now investors will soon have several ways to do that.

## Should you buy stock in Invesco QQQ Trust right now?

Before you buy stock in Invesco QQQ Trust, consider this:

The _Motley Fool Stock Advisor_ analyst team just identified what they believe are the **10 best stocks** for investors to buy now… and Invesco QQQ Trust wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when **Netflix** made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, **you’d have $502,837**!\* Or when **Nvidia** made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, **you’d have $1,241,433**!\*

Now, it’s worth noting _Stock Advisor’s_ total average return is 977% — a market-crushing outperformance compared to 200% for the S&P 500. **Don't miss the latest top 10 list, available with _Stock Advisor_, and join an investing community built by individual investors for individual investors.**

**See the 10 stocks »**

_\*Stock Advisor returns as of April 24, 2026._

_Matthew Benjamin has positions in Microsoft. The Motley Fool has positions in and recommends Apple, BlackRock, Microsoft, and Nvidia. The Motley Fool recommends Nasdaq. The Motley Fool has a disclosure policy._

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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