Nasdaq ETF vs S&P500 ETF
I've always heard people on this sub suggesting to invest in S&P500 ETF such as $VOO.US$ , $SPY.US$ .
But given how the market is going for large companies (tech and non-tech), why don't more people invest in Nasdaq 100 ETFs?
I do understand that buying SPY has less risk, more diversification into more sectors, and you're getting a broader overview of the US market, but buying Nasdaq 100 would have significantly outperformed the S&P in the last 5-10 years.
Any thoughts?
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Witcher18 : https://www.etmoney.com/blog/nasdaq-100-versus-sp-500-which-index-is-better-for-investing-in-the-us/#:~:text=S%26P%20500%20Index%20Versus%20Nasdaq,500%20has%20returned%20about%208%25.