QQQM

Invesco NASDAQ 100 ETF

$250.65

+0.00%

Market closed. Last update: 12:47 PM ET

📎 Investment Objective

The Invesco NASDAQ 100 ETF (QQQM) seeks to track the investment results of the NASDAQ-100 Index, which is composed of the 100 largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization.

Overview

ETF tracking Invesco NASDAQ 100 ETF

Category Technology

Issuer Invesco

Inception Date 2020-10-13

Market Cap $63.9B

Average Volume N/A

Dividend Yield 0.50%

52-Week Range $171.40 - $261.79

VWAP $249.42

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund employs a passive management strategy, investing in the same securities that make up the NASDAQ-100 Index in roughly the same proportions. This approach is designed to provide investment results that, before fees and expenses, generally correspond to the price and yield performance of the underlying index.

✨ Key Features

Provides exposure to the 100 largest non-financial companies listed on the Nasdaq Stock Exchange
Utilizes a passive, index-tracking investment strategy
Relatively low expense ratio compared to actively managed funds
Diversified portfolio across various technology and growth-oriented sectors

⚠️ Primary Risks

Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying index and the overall market
Sector concentration risk: The fund's performance may be more volatile due to its focus on the technology and growth-oriented sectors
Tracking error risk: The fund may not perfectly track the underlying index due to factors such as fund expenses and transaction costs
Foreign investment risk: The fund may have exposure to non-U.S. companies, which can involve additional risks such as currency fluctuations and political instability

👤 Best For

The Invesco NASDAQ 100 ETF may be suitable for investors seeking broad exposure to the technology and growth-oriented sectors of the U.S. stock market. It may be particularly appealing to investors with a long-term investment horizon and a higher risk tolerance, as the fund's focus on large-cap, growth-oriented companies can lead to periods of heightened volatility.