Fidelity Tech ETF Soars 800% in 20 Years, $300 Monthly Could Yield $850K
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The Fidelity Nasdaq Composite ETF has returned over 800% in the last 20 years by investing in innovative tech companies like Microsoft, Apple, Amazon, etc.
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$300 invested monthly in this ETF could grow to over $850,000 in 30 years, assuming 11.7% annual returns.
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The ETF spreads investments across 1,000+ stocks but is heavily weighted toward information technology, communications, and consumer discretionary.
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The fund's top 10 holdings make up 53% of assets and include leading tech giants in cloud computing, EVs, social media, semiconductors, etc.
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With a 0.21% expense ratio, the Fidelity Nasdaq Composite ETF provides low-cost exposure to technology stocks with huge growth potential.