Why there's only one ETF and one MF for NDX100?

[ggnn2020]

SP500 has so many different ETFs and MFs to track, and the ER is very low.

But for NDX100, only QQQ and USNQX, and the ER is fairly high (0.2x%, 0.4x%).

Given that tech stocks are so hot now, why there's no more choice?

 

[SteveM]

TQQQ, SQQQ, QLD, PSQ, QID, QQX, QQE, QQXT, QQQE

 

[murray t turtle]

TQQQ, SQQQ, QLD, PSQ, QID, QQX, QQE, QQXT, QQQE

%%
That;
+ related,XLK,TECS,FTEC,QLD, FDN,semi liquid EBIZ
QQXT is a strange one ,no tech/LOL

 

[ggnn2020]

TQQQ, SQQQ, QLD, PSQ, QID, QQX, QQE, QQXT, QQQE

Those 2/3X and any short ETFs has systematic flaws by design. So I don't think they are qualified as ETFs. I think they are implemented as ETN?

 

[ph1l]

SP500 has so many different ETFs and MFs to track, and the ER is very low.

But for NDX100, only QQQ and USNQX, and the ER is fairly high (0.2x%, 0.4x%).

Given that tech stocks are so hot now, why there's no more choice?

There are ETFs highly-correlated with QQQ. Most of them have a lower expense ratio.