I think VGT is a good QQQ replacement. It is based [1] on the MSCI US Investable Market Information Technology 25/50 Index which is free-float adjusted [2] [3], meaning that SpaceX will have a lower weight due to its lower free float. Also, VGT has a substantially lower expense ratio (9 bps / year [4]) than QQQ (18 bps / year [5]). You can compare VGT and QQQ's holdings on these pages [6] [7].

[1] https://fund-docs.vanguard.com/F0958.pdf

[2] https://www.msci.com/indexes/documents/methodology/2_MSCI_25...

[3] https://www.msci.com/documents/10199/6bafd9e3-0474-f03b-16bd...

[4] https://investor.vanguard.com/investment-products/etfs/profi...

[5] https://www.invesco.com/qqq-etf/en/about.html

[6] https://stockanalysis.com/etf/vgt/holdings/

[7] https://stockanalysis.com/etf/qqq/holdings/

That's fantastic. Thanks! I actually use QQQM which has lower fees. Seems like Invesco pulled a trick from marketing and segmented the market to have it both ways. I also need to find leveraged ETFs that have float adjusted weights which is a bit trickier. I might just pull out of TQQQ until the dust settles.