New York ( TheStreet) -- With $31 billion in assets, PowerShares QQQ (QQQ) ranks as one of the most popular exchange-traded funds. Lately shareholders have had cause to be pleased. The ETF, which tracks the Nasdaq 100, has returned 17.9% this year, outdoing the S&P 500 by more than 3 percentage points, according to Morningstar.The long-term returns have also been notable. During the past 10 years, the PowerShares fund returned 10.8% annually, topping the S&P by 4 percentage points and surpassing 99% of large growth competitors.
Growing Risks of Nasdaq 100 Fund
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