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In addition to ETFs, you can also invest in *mutual funds* that track the **Nasdaq 100** or the **S&P 500**. However, ETFs are generally more *tax-efficient* and have lower *expense ratios*, making them the preferred choice for most investors. Another option is to *buy individual stocks* of the companies that make up the indices. This gives you more control over your portfolio, but it also requires more research and effort. It's also important to diversify your holdings, which can be more challenging when buying *individual stocks*. Finally, you can also invest in *derivatives*, such as *options* and *futures*, that are based on the **Nasdaq 100** or the **S&P 500**. However, these instruments are more complex and are generally only suitable for experienced investors. For most people, ETFs provide the *simplest* and most *cost-effective way* to invest in these important market indices.