Subject: Re: Earnings Day and Holding Stock
Using GTR1 and ^N1T and ^N1TE which are similar to but not the same as QQQ and QQQE due to NDX modifying the weights as discussed up thread, I looked at the performance of the two from 1972.
As Rayvt mentioned, in a down market, ^N1TE usually looses less, but should be in cash.
^N1TE did outperform ^N1T from the bottom in 2002 to the top in 2008 (quite substantially, total return 3.4 vs 2.4). So for 6 years, ^N1TE performed better, but generally for the other 46 years it was better to be in the cap weighted (^N1T) or cash.
I have posted a graph here. https://discussion.fool.com/t/...
Aussi