Tech Equity Premium?
February 16, 2022 - Equity Premium
A subscriber requested measurement of a “premium” associated with stocks of innovative technology firms by looking at the difference in returns between the following two exchange-traded funds (ETF): Invesco QQQ Trust (QQQ), which generally tracks the NASDAQ 100 Index SPDR S&P 500 (SPY) Using monthly dividend-adjusted closing prices for these ETFs during March 1999 (limited… Keep Reading