How iconic is the Invesco QQQ Trust Series 1 (QQQ)? I have two different answers. First, its ticker symbol is right in the name. Ever seen that before? Neither have I.
The other one: It has had its own line of TV commercials. That's big time, eh? But QQQ has had the Nasdaq 100 Index ($IUXX)-tracking business largely to itself, since it first debuted in 1999. That is changing, and quickly.
