Roundhill just launched an ETF built on a single bold bet: the S&P 500 reaches 10,000 by 2030. The fund got a prime-time Bloomberg panel and a notable Invesco executive alongside it, yet investors are treating it like it barely exists.
Invesco Mortgage Capital (IVR) trades at a steep discount to book value, presenting a potential buy-the-dip opportunity. IVR's current portfolio is higher quality and more resilient, with 88% in agency MBS pools yielding 4.5%-6%. Leverage and margin call risk remain, but IVR's 97% hedge ratio and improved asset mix reduce vulnerability to rising rates.
Monthly bills don't care about quarterly dividend schedules, and one S&P 500 ETF built its entire identity around solving that mismatch. But the convenience of a monthly paycheck comes with a cost that decade-long performance data makes impossible to ignore.
VOO has a significantly lower expense ratio of 0.03% compared to QQQ's 0.18%. QQQ is more concentrated, with fewer holdings and nearly 60% of its portfolio devoted to tech stocks.
On September 23, Invesco launched the Invesco Nasdaq International Innovators 100 ETF (QQI), a fund that seeks to track the performance of the Nasdaq International Innovators 100 Index. The launch is an effort to expand Invesco's QQQ Innovation Suite.
The Invesco QQQ Trust has historically been a good option for growth investors for its exposure to leading tech stocks. Many tech stocks have bloated valuations these days due to hype related to artificial intelligence.
Invesco has hired a BlackRock ETF trading executive to lead its ETF capital markets team in the Americas. Key Takeaways: Tim Clavin moves to Invesco after about two years at BlackRock and nearly a decade at Vanguard.