What is Invesco PowerShares QQQ?
The Invesco PowerShares QQQ is an exchange-traded fund (ETF) that tracks the performance of the Nasdaq-100 Index. The ETF invests in 100 of the largest non-financial companies listed on the Nasdaq stock exchange, including technology, consumer services, health care, industrial and consumer goods companies. The ETF has been in existence since 1999 and is traded on the Nasdaq Stock Exchange under the ticker symbol QQQ.
The QQQ ETF is widely considered to be one of the most popular ETFs due to its focus on technology stocks, which have been some of the best performing stocks in recent years. Some of the top holdings of the QQQ ETF include tech giants like Apple, Amazon, Microsoft, Facebook, and Alphabet (Google).
One of the advantages of investing in the QQQ ETF is that it provides investors with exposure to a diversified portfolio of high-growth technology stocks with relatively low fees. The ETF has an expense ratio of 0.20%, which is one of the lowest among technology ETFs.
Overall, the Invesco PowerShares QQQ is a popular ETF option for investors who are looking for exposure to large-cap, high-growth technology stocks. The ETF provides investors with a convenient and cost-effective way to invest in the Nasdaq-100 Index, which is widely considered to be an important benchmark for the technology sector.
Frequently Asked Questions about invesco powershares qqq
Invesco QQQ ETF (QQQ) is an exchange-traded fund that tracks the Nasdaq-100 Index™. The index includes the 100 largest non-financial companies listed on the Nasdaq, based on market cap. You can access the performance of these 100 companies with an investment in QQQ.
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%
QQQJ Holdings
- CDW Corporation2.25%
- Coca-Cola Europacific Partners plc2.12%
- MongoDB, Inc. Class A2.04%
- Splunk Inc. 1.99%
- Take-Two Interactive Software, Inc. 1.96%
- Monolithic Power Systems, Inc. 1.83%
- Tractor Supply Company1.79%
- VeriSign, Inc. 1.72%
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).
QQQ Analyst Price Target
Based on 102 Wall Street analysts offering 12 month price targets to QQQ holdings in the last 3 months. The average price target is $431.48 with a high forecast of $524.97 and a low forecast of $339.57. The average price target represents a 16.23% change from the last price of $371.22.
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.
QQQ's top 3 holdings are AAPL, MSFT, AMZN. ETF QQQ's is holdings 102 different assets. ETF QQQ's total assets are 194.62B.
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% |
QQQJ is a passively managed fund by Invesco that tracks the performance of the NASDAQ Next Generation 100 Index. It was launched on Oct 12, 2020. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 9, 1999.
Invesco NASDAQ Next Gen 100 ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, QQQJ is a good option for those seeking exposure to the Style Box - Large Cap Growth area of the market.
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.
QQQ's top 3 holdings are AAPL, MSFT, AMZN.
The QQQ ETF offers investors big rewards during bull markets, the potential for long-term growth, ready liquidity, and low fees. QQQ usually declines more in bear markets, has high sector risk, often appears overvalued, and holds no small-cap stocks.
Remarkably, QQQ has delivered an average annualized return of 17.7% in the past decade, ending in March 2023. Moreover, QQQ has beaten the S&P 500 (SPX) nine out of the last ten years. Further, the ETF has a low expense ratio (cost of managing the ETF) of 0.20%, which makes it an attractive investment.
Active ETFs utilize one of several investment strategies to outperform a benchmark. Passively holding an Active ETF indeed provides active management. Passive ETFs tend to be lower-cost and more transparent than active ETFs, but also do not provide any room for alpha.
XLK has outperformed QQQ on a three-year basis, with a three-year annualized return of 13.4%. It has also beaten QQQ over the past five years, with an annualized return of 19.6%. Even over the past 10 years, it edges QQQ out with an excellent 20.5% annualized return.
