In summary:
$QQQ - Nasdaq 100, best for those utilizing options or doing frequent/large trades.
$QQQM - Nasdaq 100, cheaper expense ratio, favors long term investors.
$QQQJ - Next Gen Nasdaq 100, new concept, increased volatility with the potential for higher returns.
FIDELITY IS ABOUT TO CHARGE YOU $100 TO BUY CERTAIN ETFS
Starting June 1, 2026 the list of affected funds grows from 27 to 120+
Here are some of the ETFs now affected:
$MAGS Roundhill Magnificent Seven ETF
$QDTE Roundhill Innovation-100 0DTE Covered Call ETF
$YBTC Roundhill Bitcoin Covered Call Strategy ETF
$IVES Dan Ives Wedbush AI Revolution ETF
$XOVR CrossingBridge Responsible Credit ETF
$NFLW Roundhill NFLX WeeklyPay ETF
Roundhill alone has 40+ funds on the list
Fidelity's position: ETF issuers who don't pay Fidelity a direct fee to support platform availability get passed to investors as a $100 charge per purchase
Schwab, Robinhood, and Vanguard do not apply this fee on the same funds
1. Open a HYSA and establish an emergency fund covering 3-6 months of expenses
2. Minimize or eliminate credit card debt
3. Set up a Roth IRA, contribute monthly, and invest in an ETF that tracks the S&P 500
4. Maintain a budget that aligns with your financial means
Here are the ETFs that I am investing in this year:
• $VOO - S&P 500 exposure
• $VGT - Big tech exposure
• $VXUS - International market exposure
• $SCHD - High dividend paying stocks
What’s on your watchlist?