11-17-2022, 10:42 PM
What is NDAQ? I’ve been dca into NDAQ thinking it follows the Nasdaq, but it doesn
<!-- SC_OFF --><div class="md"><p>I started investing towards the very end of 2021, some timing that is huh. I’ve been dollar cost averaging into Nasdaq, inc (ticker symbol - NDAQ) thinking it just tracked the Nasdaq, and not even looking at the price for the past 11 months (pretty much from the peak of the market to where we are now, like I said, perfect timing). Well I’ve only just realised that in the past 6 months, NDAQ, which I thought follows the Nasdaq, like invescos QQQ fund, is currently up 31.78%, where as the invescos QQQ is down 6.77% in the past 6 months. Can someone please explain to me what NDAQ is if it does not follow the Nasdaq?</p> <p>Cheers in advance.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TallVisual_"> /u/TallVisual_ </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/yxj8zo/what_is_ndaq_ive_been_dca_into_ndaq_thinking_it/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/yxj8zo/what_is_ndaq_ive_been_dca_into_ndaq_thinking_it/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I started investing towards the very end of 2021, some timing that is huh. I’ve been dollar cost averaging into Nasdaq, inc (ticker symbol - NDAQ) thinking it just tracked the Nasdaq, and not even looking at the price for the past 11 months (pretty much from the peak of the market to where we are now, like I said, perfect timing). Well I’ve only just realised that in the past 6 months, NDAQ, which I thought follows the Nasdaq, like invescos QQQ fund, is currently up 31.78%, where as the invescos QQQ is down 6.77% in the past 6 months. Can someone please explain to me what NDAQ is if it does not follow the Nasdaq?</p> <p>Cheers in advance.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TallVisual_"> /u/TallVisual_ </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/yxj8zo/what_is_ndaq_ive_been_dca_into_ndaq_thinking_it/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/yxj8zo/what_is_ndaq_ive_been_dca_into_ndaq_thinking_it/">[comments]</a></span>