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Better Buy: Invesco QQQ or Fidelity MSCI IT Index ETF

·4 min read
Better Buy: Invesco QQQ or Fidelity MSCI IT Index ETF
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The technology sector has been the most impressive part of the stock market for some time now -- certainly over the past decade as it provided the propulsion for the longest bull market in U.S. history. One excellent way for investors to capitalize on the general trend of technological advancement -- but without betting on which companies will provide the breakthroughs -- is by buying technology-focused exchange-traded funds (ETFs). Two of the best technology-focused funds on the market right now are the Invesco QQQ ETF (NASDAQ: QQQ) and the Fidelity MSCI Informational Technology Index ETF (NYSEMKT: FTEC).

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