IllustrativeNasdaq 100 ETF: BlackRock Launches IQQ To Challenge QQQ - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), iShar
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BlackRock has launched an etf called IQQ, which appears to be a competitor to the Invesco QQQ Trust, Series 1, also known as QQQ. The QQQ is a nasdaq 100 etf, and it is unclear how the new IQQ etf will differ from it. The launch of IQQ may pose a challenge to the existing QQQ etf.