The index, currently trading at 20,658, is up by only 0.4% today.

But at this level, it has set a new intraday high. If it keeps its current pace, the index will mark new record close above 20,630.66. That would be Nasdaq’s seventh record for this year, according to Dow Jones Market Data. The performance indicates that betting on something like the Invesco QQQ Trust ETF this year has paid out.