Core Viewpoint - The Invesco QQQ Trust has delivered impressive returns due to its heavy tech concentration, but the Vanguard S&P 500 ETF may be a better option for investors seeking broader diversification [1][10]. Group 1: ETF Performance Comparison - The Invesco QQQ Trust has achieved an average annual return of 20.8% over the past decade, while the Vanguard S&P 500 ETF has returned 15.9% on average [6][7]. - The QQQ Trust is approximately 22% more volatile than the S&P 500, which affects its risk-adjusted performance [7]. Group 2: Sector Exposure - The QQQ Trust currently allocates about 64% of its portfolio to tech stocks, with an additional 18% in consumer discretionary, indicating a significant tech tilt [5]. - The S&P 500 ETF, while broadly diversified, still has around 35% of its portfolio in tech stocks, primarily from the "Magnificent Seven" [2][4]. Group 3: Market Outlook - There are indications that the market is beginning to broaden beyond the tech sector, which could favor the S&P 500 ETF [10]. - Concerns about a slowing economy or a cooling labor market may lead investors to shift away from high-priced tech stocks, further supporting the case for the S&P 500 ETF [10].