JPMorgan Chase and Wells Fargo reported third-quarter results on Tuesday, together making more than $21 billion, yet neither is held by the Invesco QQQ Trust. The Nasdaq-100 excludes financial companies and any company whose primary listing is not on a Nasdaq exchange, which also keeps out Berkshire Hathaway, Visa, Oracle and Taiwan Semiconductor on the NYSE. Over the 10 years through September, QQQ returned about 21% a year versus about 13% for the financial sector fund XLF, though financials beat QQQ in four calendar years, including 2022 when QQQ fell around 33%. The author suggests pairing QQQ with an S&P 500 fund such as the Vanguard S&P 500 ETF (VOO), which holds the banks and NYSE-listed giants QQQ lacks.
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Related tickers and likely impact
QQQ
• NeutralInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/14/2026 | 728.95 |
| Change that session | -1.97% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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