When you write as much as I do and think constantly about market integration, which I do, this is what happens. You write a story that covers a handful of major market index exchange-traded funds (ETFs), from SPDR S&P 500 ETF Trust (SPY) to Invesco QQQ Trust (QQQ) and others. You see the article published. But there’s some unfinished business. This article aims to finish that business.
It's QQQ I’m talking about. It is one of many “flat return” indexes over the past six months. However, the part left unsaid (by me) is that QQQ trading flat for half a year is not the same as other indexes doing so. Because QQQ is the GOAT of modern stock market investing — the greatest of all time.
