IUSG Reddit Mentions | ChartExchange

Laugh all you want bro. You are entitled to your opinion that QQQ is worth consideration for OP’s long term goals, but you can’t just dismiss evidence based facts that point to broad index funds as the smarter lifelong strategy. You can’t point your finger at me and say I’m lying, but if that’s the case then the venerable institution Morningstar is equally lacking credibility. They wrote (https://www.morningstar.com/funds/choosing-better-index-etf):
“Invesco QQQ Trust [QQQ](https://www.morningstar.com/etfs/xnas/qqq/quote) has compiled a track record that few can rival, with its returns ranking among the top 2% of its large-growth Morningstar Category peers over the trailing five-, 10-, and 15-year periods. Yet its benchmark, the Nasdaq 100 Index, has flaws that cast doubt on the durability of its superb performance:
The index exclusively admits stocks that trade on the Nasdaq exchange and spurns the rest. This is driven by Nasdaq’s desire to promote its exchange—not economic rationale. The index denies firms like Unitedhealth Group [UNH](https://www.morningstar.com/stocks/xnys/unh/quote), Exxon Mobil [XOM](https://www.morningstar.com/stocks/xnys/xom/quote), and The Home Depot [HD](https://www.morningstar.com/stocks/xnys/hd/quote) for no reason other than where they trade.
Only nonfinancial stocks are considered. Financials represent a small share of most growth strategies anyway, but this narrows the index’s opportunity set.
The portfolio is top-heavy. Its top 10 holdings constituted between 49% and 59% of the portfolio over the past five years.
Sector concentration is a concern. At the end of May, about 82% of the portfolio was stashed in technology (51%), communications (17%), and consumer discretionary stocks (14%).
QQQ’s robust liquidity prompts many investors to use it as a proxy for technology exposure, though only about half the portfolio comprises tech stocks. Other investors treat it as a diversified large-cap portfolio. However investors use the fund, better alternatives exist.”
They concluded “Products like Vanguard Total Stock Market ETF [VTI](https://www.morningstar.com/etfs/arcx/vti/quote), iShares Core S&P US Growth ETF [IUSG](https://www.morningstar.com/etfs/xnas/iusg/quote), and Schwab US Small Cap ETF [SCHA](https://www.morningstar.com/etfs/arcx/scha/quote) effectively capture their target universe while controlling for unnecessary costs and risk. Excellent ETFs like these should be on investors’ shortlist instead of those following imperfect indexes.”