What is Invesco QQQ ETF?
What is Invesco QQQ ETF?
Invesco QQQ ETF, also known as the QQQ or the Qubes, is an exchange-traded fund that tracks the Nasdaq-100 Index. It is managed by Invesco and was launched in 1999. The ETF includes a basket of 100 of the largest and most actively traded non-financial stocks on the Nasdaq Stock Exchange.
How is the ETF structured?
The Invesco QQQ ETF is structured as a unit investment trust , with a unique investment objective to closely track the performance of the Nasdaq-100 Index. The ETF is fully invested in the constituent securities of the index and does not use derivatives or engage in lending activities.
What are the key features of the ETF?
The Invesco QQQ ETF has a few distinguishing features. Firstly, it is one of the most heavily traded ETFs in the US, with high liquidity making it attractive to short-term traders. Secondly, it provides exposure to some of the largest and fastest-growing technology-focused companies listed on the Nasdaq. As of April 2023, information technology accounts for more than half of the ETF's holdings, with another 30% divided between communication services and consumer discretionary stocks. Given its focus on the technology sector, the ETF can be a good way to add core growth equity exposure to an investment portfolio.
What are some considerations for investors?
Like any investment, there are pros and cons to investing in the Invesco QQQ ETF. While it provides exposure to some of the most innovative and fast-growing companies in the world, it lacks diversity with its focus on technology and a few other sectors. As such, it may not be suitable for those seeking broad market exposure. Additionally, QQQ's focus on technology and communication services makes it more susceptible to changes in those sectors which can impact the fund's overall performance in the short term.
Where can I learn more about the Invesco QQQ ETF?
Investors looking to learn more about the ETF can access its prospectus on the Invesco website, as well as additional information on its holdings and performance. It is also possible to buy and sell shares of the ETF through a brokerage account.
Frequently Asked Questions about invesco qqq etf
Invesco QQQ is an exchange-traded fund based on the Nasdaq-100 Index®. The Fund will, under most circumstances, consist of all of stocks in the Index. The Index includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization.
QQQ Holdings
- AAPLApple Inc. 11.04%
- MSFTMicrosoft Corporation9.67%
- AMZNAmazon.com, Inc. 5.22%
- NVDANVIDIA Corporation4.41%
- METAMeta Platforms Inc. Class A3.91%
- TSLATesla, Inc. 3.25%
- GOOGLAlphabet Inc. Class A3.24%
- GOOGAlphabet Inc. Class C3.19%
Invesco
Invesco | Holdings | Invesco QQQ.
The Invesco NASDAQ 100 ETF (NASDAQ:QQQM) tracks the NASDAQ-100 Index, an index of the largest 100 companies listed on the Nasdaq. Fundamentally, it is the same as the more popular Invesco QQQ ETF (QQQ).
Invesco QQQ Trust ETF (QQQ)
This fund is the top-performing large-cap growth fund in terms of total return over the 15 years to Sept. 2022, according to Lipper. Expense ratio: 0.20 percent. That means every $10,000 invested would cost $20 annually.
QQQ's top 3 holdings are AAPL, MSFT, AMZN. ETF QQQ's is holdings 102 different assets. ETF QQQ's total assets are 198.01B.
Top 10 Holdings (48.16% of Total Assets)
| Name | Symbol | % Assets |
|---|
| Tesla Inc | TSLA | 3.16% |
| Alphabet Inc Class C | GOOG | 3.12% |
| Broadcom Inc | AVGO | 2.97% |
| Costco Wholesale Corp | COST | 2.18% |
Is QQQ an ETF? Yes. Invesco QQQ is a passively managed ETF that tracks the Nasdaq-100 index, which contains some of the world's most innovative companies. For more information on the companies that make up the Nasdaq-100 Index, click here.
QQQ is also one of the best-performing ETFs of the past decade. From March 10, 1999, to June 30, 2023, the Nasdaq-100 Index, synonymous with growth and innovation, returned over 780%, according to Invesco.
QQQ is the ticker for the Invesco exchange-traded fund (ETF) that tracks the NASDAQ 100 Index. It gives investors, primarily in the U.S., access to the NASDAQ's 100 largest non-financial companies in a single investment.
passively managed
Invesco QQQ is passively managed and tracks the Nasdaq-100 index, which offers exposure to many industry-leading companies in a single investment.
The fund is stuffed with megacap stocks
The Invesco QQQ has been a big winner over the past decade, mainly due to its focus on the market's biggest and best technology companies. QQQ Total Return Level data by YCharts. Today, the Invesco QQQ's 10 largest holdings include a laundry list of compounders, including: Apple.
The current volatility for SPDR S&P 500 ETF (SPY) is 3.74%, while Invesco QQQ (QQQ) has a volatility of 5.10%. This indicates that SPY experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
QQQ is also one of the best-performing ETFs of the past decade. From March 10, 1999, to June 30, 2023, the Nasdaq-100 Index, synonymous with growth and innovation, returned over 780%, according to Invesco.
Invesco QQQ is an exchange-traded fund (ETF) that features Apple, Google, Microsoft, and more.
ARK Autonomous Technology & Robotics ETF (ARKQ)
Employing an active strategy, ARK Autonomous Technology & Robotics ETF has an exposure of 14.59% in Tesla, making it the top holding in the fund.
