Global X Debuts NASDAQ ETFs: QQQM, QQQV

Global X, the firm behind a wide-ranging lineup of exchange-traded funds, announced this week the debut of two funds linked to NASDAQ indexes. The Global X NASDAQ 400 Mid Cap ETF (QQQM) will be linked to an index consisting of the top 400 mid-capitalization domestic and international non-financial securities listed on NASDAQ. The Global X NASDAQ 500 ETF (QQQV) will be linked to an index consisting of 500 of the largest domestic and international non-financial securities listed on NASDAQ. The two new Global X ETFs will essentially offer additional depth to stocks traded on the NASDAQ; existing products such as the ultra-popular QQQ already focus on the 100 largest NASDAQ-listed companies, a list that is dominated by stocks such as AAPL, MSFT, and GOOG. The NASDAQ tends to be the preferred listing destination for tech companies, though firms in other sectors of the U.S. and international economies are certainly welcome [...] Click here to read the original article on ETFdb.com. Related Posts: AAPL Weighting In QQQ To Be Slashed Ten Unexpected Observations On YTD ETF Returns ETF Filings: Legg Mason Details First ETF, Global X Looks To Add Nasdaq Funds Wednesday’s ETF To Watch: NASDAQ Fund (QQQ) Up In The Clouds: First Cloud Computing ETF Debuts