<div id="readability-page-1"><div> <h2>Key Points</h2><ul><li>BlackRock and State Street are launching exchange-traded funds that will compete with QQQ.</li><li>10 stocks we like better than Invesco QQQ Trust ›</li></ul>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 &#34;Indispensable Monopoly&#34; providing the critical technology Nvidia and Intel both need. Continue »<img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2Njc4Ni9nZXR0eWltYWdlcy0xNDUxNTY3MDE3LmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="700" height="466" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2Njc4Ni9nZXR0eWltYWdlcy0xNDUxNTY3MDE3LmpwZyZ3PTcwMA"/>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&amp;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.<h2>Should you buy stock in Invesco QQQ Trust right now?</h2> 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&amp;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. </div></div>

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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.

- BlackRock and State Street are launching exchange-traded funds to compete with the Invesco QQQ Trust, which tracks the Nasdaq-100 index.  
- The Invesco QQQ Trust has $372.5 billion in assets and offers diverse exposure to major tech stocks, outperforming both the Nasdaq Composite and the S&P 500 over the past decade.  
- The launch of these competing ETFs indicates a shift in the market as analysts suggest there are better investment options than the Invesco QQQ Trust.

nasdaq

ISHRS Russ 1000 Growth

iShares Biotechnology ETF

iShares Core S&P US Growth

Guotai CES Semiconductor Chip Industry ETF

SPDR S&P Biotech

Mitsubishi UFJ Financial Group, Inc.

Invesco Semiconductors ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

China Southern CSI Semiconductor Industry Custom ETF

Proshares UltraPro QQQ

Invesco Nasdaq 100 ETF

Schw Us L-Cp Grw

First Trust NASDAQ-100 Equal Weighted

ProShares Shrt QQQ

Direxion Semicon Bull 3X

ProShares Ultra QQQ

Ark Innovation ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

iShares Future AI & Tech ETF

Invesco QQQ Trust

ChinaAMC Guozheng Semiconductor Chip ETF

Ark Genomic Revolution ETF

Pro Ultrshort Qqq

Fidelity Nasdaq Composite Index ETF

Global X Internet

First Trust NYSE Arca Biotech Index Fd

Direxion S&P Biotech Bull 3X

SPDR S&P Semicon

VG S-Cp Grw

iShares Expanded Tech Software Sector ETF

VanEck Semiconductor ETF

VG Mga Cap 300 Grw

First Trust Index NextG ETF

VG Growth

Proshares UltraPro Short QQQ ETF

Pacer Cash COWZ 100-Nasdaq100RotatorETF

Global X Robotics & Artificial

Proshares Ultra Nasdaq Biotech

First Trust Cloud Computing

First Trust Nasdaq Cybersecurity

Invesco Biotechnology & Genome ETF

BlackRock

State Street

NASDAQ-100

Nasdaq

NVIDIA

Apple

Microsoft

NASDAQ Composite Index

S&P 500

Invesco

Netflix

Intel

BlackRock Tech and Private Equity Term Trust

BLACKROCK MULTI-SECTOR INCOME TR COM USD0.001(S/R 09/09/2025) WI

Blackrock Enhanced Div Achievers Trust

BlackRock Science and Tech Term Trust

BlackRock Multi-Sector Income Trust

State Street® US Equity Premium Inc ETF

NVIDIA Corporation

Investors Will Soon Have Two New Alternatives to Invesco QQQ