IGM ETF Showing Strong Performance vs. NASDAQ

about 2 months ago

Vic Letterman

"So, the first one is the EyesShares Expanded Tech Sector ETF, IGM. It's a bit of a mouthful and this one I think would actually really surprise people because the the NASDAQ or QQQ has uh today about 101 stocks in it. Um and this one has more than 200. It's I think it's 260ome stocks in it. So you'd think with a broader basket like that you're going to be diluted. It's not going to be doing as well. And yet the way that these ETFs are constructed matters a lot. And the way that the waitings are arranged inside the ETFs matters a lot. And so it would surprise you to find out that this one's actually beating the NASDAQ right now. So since the start of the year, it's up roughly 26%. Whereas the NASDAQ right now is up around 19%. Those are phenomenal returns in any year, but like I'd rather have the 26% if I could. And I still know that the names in there are good."

The speaker highlights the EyesShares Expanded Tech Sector ETF (IGM) and emphasizes its strong performance, noting that despite having a broader basket of stocks compared to the NASDAQ, it is delivering a 26% year-to-date return versus 19% for the NASDAQ, suggesting attractive construction and stock quality.

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