QQQE may be better someday. But today is not that day.

Correction:
QQQE may be better someday. But yesterday was not that day.

Well, technically you're right, in that QQQ is down a hair less today, but more generally, we don't know what will happen next.

My point is that the relative performance of the two is wholly unpredictable, as it depends on the specific fortunes of maybe 3-5 companies. No macro or top-down metric can inform you about that gap, one way or the other. Will Zuck cancel the blue app tomorrow? Beats me.

Without a doubt the very highest weighted firms in this set (not the same as the largest by market cap BTW) have been outstanding performers lately, but that is not a law of nature, and in fact is statistically the anomaly though history. To choose QQQ over QQQE is to wager on rolling dice. Why would you? Yes, those dice have just come up boxcars several times in a row, but they are loaded very very slightly against you. Neither of those insights tells you what the next roll will bring.

Jim