I saw on app that there are has stock named Dia , SPY and QQQ. I want to learn what they are
2/2/2024 01:43pm
Aime
SPY, DIA, and QQQ are all exchange-traded funds (ETFs) that track different stock market indices.1 Here's a brief explanation of each:
1. SPY - SPDR S&P 500 ETF Trust: SPY tracks the performance of the S&P 500 index, which is made up of the top 500 companies in the United States. It's one of the most popular ETFs and has been around since 1993.
2. DIA - SPDR Dow Jones Industrial Average ETF Trust: DIA tracks the performance of the Dow Jones Industrial Average (DJIA), which is made up of 30 large, well-established companies in the United States. It's also been around since 1993.
3. QQQ - Invesco QQQ ETF: QQQ tracks the performance of the Nasdaq-100 index, which is made up of the top 100 companies in the Nasdaq stock exchange. It's known for its exposure to technology and growth-oriented stocks.
These ETFs are popular investment options for investors looking for diversified exposure to the stock market.
Source:
1.
SPY, DIA & QQQ Question : r/M1Finance
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