BLK · News · 20260922N
ETF Fee Competition
BlackRock, Inc. · 2026-09-22 · Importance 31 · Surprise 42
BlackRock launched an exchange-traded fund tracking the same Nasdaq-100 index as Invesco QQQ. The new ETF charges a lower fee than QQQ, intensifying price competition in the Nasdaq ETF market. The report frames the launch as a challenge to QQQ’s market leadership, although it does not provide the new fund’s fee or asset target.