“Which Stock Index Turned $10,000 Into $70,570? (It Wasn’t The Dow)”
October 17, 2020
“The Nasdaq 100, which owns the 100 largest non-financial stocks trading on the Nasdaq Composite, is blowing away all the other U.S. stock indexes, says an Investor’s Business Daily analysis of data from Morningstar and MarketSmith. And it’s miles ahead not just in the short term, but the long-term, too.
It’s the only major U.S. index to turn $10,000 invested in 2010 to anywhere near $71,000 now… Had you put the same $10,000 in an ETF tracking the Dow Jones Industrial Average in 2010, your investment would be worth just $27,325 or 62% less now. Even $10,000 put into the S&P 500 in 2010 or SPY stock, the cornerstone of many portfolios, would be valued at just $31,238…”