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State Street Ends Invesco's 27-Year Monopoly on Nasdaq 100 ETFs
News June 24, 2026 at 02:03 PM
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What You Need To Know
- QNDX is launching just weeks before the Nasdaq 100 is expected to add Space Exploration Technologies Corp. after its initial public offering earlier this month.
- The new ETF charges 10 basis points a year, below QQQ’s 18-basis-point fee.
- Invesco has run the $482 billion QQQ Trust Series 1 fund since 1999.
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