--- 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. ### Related Stocks - [IWF.US](https://longbridge.com/en/quote/IWF.US.md) - [IBB.US](https://longbridge.com/en/quote/IBB.US.md) - [IUSG.US](https://longbridge.com/en/quote/IUSG.US.md) - [512760.CN](https://longbridge.com/en/quote/512760.CN.md) - [XBI.US](https://longbridge.com/en/quote/XBI.US.md) - [2631.JP](https://longbridge.com/en/quote/2631.JP.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [512480.CN](https://longbridge.com/en/quote/512480.CN.md) - [159325.CN](https://longbridge.com/en/quote/159325.CN.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [SCHG.US](https://longbridge.com/en/quote/SCHG.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [ARKK.US](https://longbridge.com/en/quote/ARKK.US.md) - [588170.CN](https://longbridge.com/en/quote/588170.CN.md) - [ARTY.US](https://longbridge.com/en/quote/ARTY.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [159995.CN](https://longbridge.com/en/quote/159995.CN.md) - [ARKG.US](https://longbridge.com/en/quote/ARKG.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [SNSR.US](https://longbridge.com/en/quote/SNSR.US.md) - [FBT.US](https://longbridge.com/en/quote/FBT.US.md) - [LABU.US](https://longbridge.com/en/quote/LABU.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [VBK.US](https://longbridge.com/en/quote/VBK.US.md) - [IGV.US](https://longbridge.com/en/quote/IGV.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [MGK.US](https://longbridge.com/en/quote/MGK.US.md) - [NXTG.US](https://longbridge.com/en/quote/NXTG.US.md) - [VUG.US](https://longbridge.com/en/quote/VUG.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QQWZ.US](https://longbridge.com/en/quote/QQWZ.US.md) - [BOTZ.US](https://longbridge.com/en/quote/BOTZ.US.md) - [BIB.US](https://longbridge.com/en/quote/BIB.US.md) - [SKYY.US](https://longbridge.com/en/quote/SKYY.US.md) - [CIBR.US](https://longbridge.com/en/quote/CIBR.US.md) - [PBE.US](https://longbridge.com/en/quote/PBE.US.md) - [BLK.US](https://longbridge.com/en/quote/BLK.US.md) - [STT.US](https://longbridge.com/en/quote/STT.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [NDAQ.US](https://longbridge.com/en/quote/NDAQ.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [IVZ.US](https://longbridge.com/en/quote/IVZ.US.md) - [NFLX.US](https://longbridge.com/en/quote/NFLX.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [BTX.US](https://longbridge.com/en/quote/BTX.US.md) - [BIT.RT*.US](https://longbridge.com/en/quote/BIT.RT*.US.md) - [BDJ.US](https://longbridge.com/en/quote/BDJ.US.md) - [BSTZ.US](https://longbridge.com/en/quote/BSTZ.US.md) - [BIT.RT.US](https://longbridge.com/en/quote/BIT.RT.US.md) - [SPIN.US](https://longbridge.com/en/quote/SPIN.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [$100 Invested In Vanguard Growth ETF 10 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/284232490.md) - [Sandisk Stock (SNDK) Stumbles Despite Historic Nasdaq 100 Entry & Wells Fargo Analyst Drastically Hiking Forecast](https://longbridge.com/en/news/283347456.md) - [Retirement Planning Co of New England Inc. Boosts Stake in ProShares UltraPro QQQ $TQQQ](https://longbridge.com/en/news/283832578.md) - [Fortitude Financial LLC Cuts Stake in Invesco QQQ $QQQ](https://longbridge.com/en/news/283314735.md) - [Why Is Invesco QQQ Trust ETF (QQQ) Falling Today 4/20/2026?](https://longbridge.com/en/news/283348821.md)