In 2018 alone, QQQ has experienced three 10% or more market corrections. But while “absolute returns have been hurt during this recent bout of volatility,” daily trading volume has seen substantial increases. “For now, the low-volatility time is over,” says Frank. Going forward, he encourages investors to place value on guidance over earnings.
Frank explains that today’s advisors are using the $67 billion ETF as a “go-to trading vehicle” for gaining exposure to growth and liquidity.