No. of Recommendations: 5
Without a doubt, QQQ has beat QQQE for a while, the last 8 or so years--and by a lot. I just don't think that observation has any predictive power, as it's really a wager on a statistically insignificant number of specific firms and their idiosyncratic futures. I think of the returns of QQQ as the returns of QQQE which has some statistical breadth to it, plus or minus a big random number.
I think the choice between QQQ and QQQE is a market timing bet. IN strong bull markets QQQ will be far ahead, particularly when the bullishness is concentrated in tech companies which it has been for at least 30 years and counting. When there's a bear market or a bubble popping, QQQE will be ahead. I don't think it's random at all.
Elan
