Wednesday 17 December 2014

PowerShares ETFs Tumble But 2 See Strong Gains

Otmane El Rhazi from Investor's Business Daily - ETFs RSS.



PowerShares' largest ETF has tumbled in the December market sell-off. The $40.43 billion QQQ (QQQ), with $40.43 billion in assets, is 4% off its 14-year high set on Nov. 11. But it handily beat the S&P 500 with its returns of 21.52% vs. 14.39% for 1 year, average annual 24.48% vs. 20.40% for three years, 19.32% vs. 14.81% for five years and 10.56 vs. 5.36% for 10 years. QQQ is so popular that many investors, both institutions and individuals, know

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