QQQ & ^Gold "Timing Portfolio"
The Invesco QQQ tracks a modified-market-cap-weighted index of 100 NASDAQ-listed stocks. QQQ is one of the best established and most traded ETFs in the world. It's also one of the most unusual. Per the rules of its...
...index, the fund only invests in nonfinancial stocks listed on NASDAQ, and effectively ignores other sectors too, causing it to skew massively away from a broad-based large-cap portfolio. QQQ has huge tech exposure, but it is not a 'tech fund' in the pure sense either. The fund's arcane weighting rules further distance it from anything close to plain vanilla large-cap or pure-play tech coverage. The ETF is much more concentrated in its top holdings and is more volatile than a vanilla large-cap benchmark.
Still, it is extremely large and liquid, and has huge name recognition for the underlying index, the NASDAQ-100. In all, QQQ delivers a quirky but wildly popular mash-up of tech, growth and large-cap exposure.
In the chart above one can trace the performance of the QQQ and a possible Timing-Instruments-Strategy, IF (!) a timing-algorithm is applied, where the investment in the QQQ is replaced by a GOLD-investment; AND if certain downturns occur in the monthly development of the QQQ-equity curve.