IShares Nasdaq 100 ETF IQQ enters asset battle, Nate Geraci notes

IShares Nasdaq 100 ETF IQQ enters asset battle, Nate Geraci notes
IShares IQQ ETF launches at 0.12 percent

Nate Geraci reports that the iShares Nasdaq 100 ETF (IQQ) is set to launch later this week. The fund will have a long-term expense ratio of 0.12 percent.

According to Geraci, this new product will compete for assets alongside Invesco, BlackRock, and State Street.

Geraci has previously reported that the U.S. Treasury Department selected the State Street SPDR Portfolio S&P 500 ETF as the default for Trump accounts, citing a 0.02% fee. In a recent piece, he also noted that SpaceX shares climbed nearly 50 percent since the company’s IPO. These reports reflect ongoing coverage of product launches and asset flows among major market players.

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