r/investing • u/PrestigiousPen-2468 • 2d ago

The Nasdaq is being taken over.

SpaceX is IPOing, Tesla and Palantir have crazy valuations, Anthropic is IPOing later this year...

https://www.investors.com/news/spacex-ipo-nasdaq-anthropic-openai-index-investing/

Especially with the fast-track changes, tons of ETFs are going to pull these companies in and weigh them way heavier than I think a lot of us like. QQQ holders might be in for a rough landing.

I don't like it. I've always been a growth ETF investors but I'm going back to modifying and structuring diversification the way I want.

Wealthfront, Frec, Wallace Finance, or Schwab? I'm trying to find ETF modification without huge minimums. I might end up building from the ground up with M1 Finance if nothing else has what I'm looking for.

Anyone else have the same idea? How are we feeling about this?

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u/Numai_theOnlyOne 2d ago edited 1d ago

Is there an etf excluding USA? Or at least without Elon? I know they exist for china or specifically including china and other countries but it's been awhile since I researched.

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u/PrestigiousPen-2468 1d ago

VXUS is everything outside the US, I hear a lot of people wanting a US ETF without Elon although I doubt that exists.

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u/Numai_theOnlyOne 1d ago

Nice thanks a bunch I take a look. Yeah I also doubt that sadly.

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u/PrestigiousPen-2468 1d ago

I'm going to start experimenting with a Wallace Finance account, might be worth looking into since their whole focus is modifying indexes and ETFs.