BlackRock takes action; the Nasdaq 100 ETF finally starts a price war: the newly introduced IQ discount period net expense ratio is 0.10%, lower than QQQ’s 0.15%. It’s about $24 per share, while QQQ is over $700 and QQQM is also over $300—lowering the entry threshold for dollar-cost averaging. The fee savings are real money for retail investors, but fees are only a small part of the total cost. The Nasdaq 100 itself is highly volatile, and drawdowns are the real bulk of the risk. Before you buy, weigh how much you can actually withstand.