List of NASDAQ ETFs Listed on U.S. Exchanges
While there are thousands of stocks listed on the NASDAQ stock exchange, almost all of the ETFs focus on the NASDAQ-100. The NASDAQ-100 is comprised of the largest companies listed on the NASDAQ with the exception of financial stocks which are not included in this index. The index historically has been weighted heavily towards companies in the technology sector which has at times represented between 50 and 60 percent of the entire index. Consumer discretionary and health care have also had notable representation while other sectors (consumer staples, industrials, telecommunications, materials) have made up a minor percentage of the index.
The most traded ETF in this group of ETFs is PowerShares QQQ, which is also one of the most liquid ETFs in the entire world. The other ETFs in the group have a wide range of themes including equal weight, momentum, the buy-write strategy and an ETF that excludes the technology stocks in the NASDAQ 100. There is also an ETF (ONEQ) that is comprised of a large number of stocks listed on the NASDAQ exchange and a number of leveraged and short ETFs.
Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) (Stocks carry same weight)
First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) (Stocks carry same weight)
First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) (Technology stocks are not included)
PowerShares DWA NASDAQ Momentum Portfolio (PDP) (Companies exhibiting relative strength)
PowerShares QQQ Trust (QQQ) (QQQ is one of the most liquid ETFs in any category)
ProShares Ultra QQQ (QLD) (Daily Target: 2x)
ProShares UltraPro QQQ Fund (TQQQ) (Daily Target: 3x)
ProShares Short QQQ (PSQ) (Daily Target: -1x)
ProShares UltraShort QQQ (QID) (Daily Target: -2x)
ProShares UltraPro Short QQQ Fund (SQQQ) (Daily Target: -3x)