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This text is part of InvestorPlace.com’s Greatest ETFs for 2020 contest. The reader’s selection for the competition is the PowerShares QQQ Belief (NASDAQ:).
Final 12 months, InvestorPlace.com readers believed the iShares MSCI Rising Markets ETF (NYSEARCA:) would win the Greatest ETFs contest for 2019. Though the possible motive for why our readers selected this exchange-traded fund to win the competition — hope that shares in rising markets like China would make a comeback — was sound, the commerce conflict between the U.S. and China made it a lackluster performer all year long.
Now, as a substitute of taking a wager on exterior markets, our readers have returned to their decide (and total winner) for 2018’s ETF contest: the PowerShares QQQ Belief (NASDAQ:).
The QQQ ETF remains to be inherently affected by the commerce conflict to some extent — it tracks the Nasdaq 100, which incorporates many big-name tech…