State Street Launches Low-Cost Nasdaq-100 ETF at 10 Basis Points

State Street Investment Management has launched the SPDR Portfolio Nasdaq 100 ETF (QNDX), a low-cost fund tracking the Nasdaq-100 Index with a 0.10% expense ratio. Designed as a core growth allocation, QNDX provides exposure to 100 of the largest non-financial companies listed on Nasdaq, including many of the market’s leading technology, consumer, and healthcare firms. The ETF expands State Street’s SPDR Portfolio lineup, offering investors a cost-efficient way to add large-cap growth exposure as part of a diversified long-term portfolio.