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QQMG - ETF AI Analysis
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Invesco ESG NASDAQ 100 ETF (QQMG)
Rating:75Outperform
Price Target:―
Positive Factors
Exposure to Leading Tech Giants
The fund’s largest positions are in well-known technology and internet companies that have been key drivers of growth in the Nasdaq market.
Broad Sector Spread Within Growth Areas
Holdings are spread across technology, communication services, and consumer-focused sectors, which helps reduce reliance on any single growth industry.
Moderate Expense Ratio
The ETF charges a relatively low ongoing fee, so less of your potential return is lost to costs each year.
Negative Factors
Heavy Concentration in a Few Mega-Cap Stocks
A small number of large tech names make up a big share of the portfolio, so the fund’s results are highly sensitive to how those companies perform.
Recent Weakness in Several Top Holdings
Some of the largest positions, including major technology and consumer names, have shown weak year-to-date performance, which has weighed on the fund’s overall results.
Very High U.S. Market Dependence
With almost all assets in U.S. companies and very little overseas exposure, the fund offers limited diversification away from the U.S. stock market.
QQMG vs. SPDR S&P 500 ETF (SPY)
AUM177.31M
RegionNorth America
Expense Ratio0.20%
Beta1.29
IssuerInvesco
Inception DateOct 27, 2021
Dividend Yield0.42%
Asset ClassEquity
Index TrackedNASDAQ-100 ESG Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume31,278
30 Day Avg. Volume37,357
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
51.73Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering91
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QQMG Summary
QQMG is an ETF that follows the NASDAQ-100 ESG Index, which focuses on large U.S. companies that meet certain environmental, social, and governance (ESG) standards. It mainly holds big, well-known tech and growth names like Apple, Microsoft, Nvidia, and Amazon, so investors get exposure to many leading companies in one fund. Someone might invest in QQMG to seek long-term growth while also supporting companies that aim to act responsibly. A key risk is that it is heavily tilted toward technology and U.S. stocks, so its price can rise and fall sharply with that part of the market.
How much will it cost me?The Invesco ESG NASDAQ 100 ETF (QQMG) has an expense ratio of 0.2%, which means you’ll pay $2 per year for every $1,000 invested. This is lower than average for actively managed funds because it tracks an index, making it more cost-efficient while still focusing on ESG principles.
What would affect this ETF?The QQMG ETF, heavily focused on technology and large-cap U.S. companies, could benefit from continued innovation and growth in the tech sector, as well as increasing demand for ESG-focused investments. However, it may face challenges from rising interest rates, which can negatively impact growth stocks, or regulatory changes targeting big tech companies. Broader economic conditions, such as a slowdown in consumer spending, could also affect some of its top holdings like Apple and Amazon.
QQMG Top 10 Holdings
QQMG is essentially an ESG-tilted bet on U.S. Big Tech, with a heavy lean into semiconductors and platform giants. Nvidia sits in the driver’s seat but has been more choppy than charging lately, while Apple and Microsoft are clearly losing steam and acting as a drag. On the brighter side, Amazon looks steadier, and Alphabet’s twin share classes have been rising and helping to offset some of the tech fatigue. With most of its muscle in a handful of U.S. tech names, the fund’s fortunes are tightly tied to that sector’s next move.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 11.57% | $20.69M | $4.57T | 41.20% | 76 Outperform | |
| Apple | 8.82% | $15.77M | $3.88T | 7.75% | 79 Outperform | |
| Microsoft | 6.89% | $12.32M | $2.97T | -2.69% | 79 Outperform | |
| Amazon | 4.77% | $8.54M | $2.20T | -2.99% | 71 Outperform | |
| Tesla | 3.96% | $7.08M | $1.54T | 21.91% | 73 Outperform | |
| Alphabet Class A | 3.34% | $5.97M | $3.67T | 75.32% | 85 Outperform | |
| Alphabet Class C | 3.10% | $5.55M | $3.67T | 73.42% | 82 Outperform | |
| Broadcom | 2.86% | $5.12M | $1.58T | 52.13% | 76 Outperform | |
| Meta Platforms | 2.69% | $4.81M | $1.63T | -4.08% | 76 Outperform | |
| Micron | 2.59% | $4.63M | $473.78B | 333.20% | 79 Outperform |
QQMG Technical Analysis
Neutral
―
Price Trends
42.43
Negative
42.28
Negative
40.01
Positive
Market Momentum
-0.38
Positive
46.05
Neutral
52.30
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQMG, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 42.11, equal to the 50-day MA of 42.43, and equal to the 200-day MA of 40.01, indicating a neutral trend. The MACD of -0.38 indicates Positive momentum. The RSI at 46.05 is Neutral, neither overbought nor oversold. The STOCH value of 52.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for QQMG.
QQMG Peer Comparison
Comparison Results
Performance Comparison
QQMG
Invesco ESG NASDAQ 100 ETF
41.60
6.39
18.15%
EFIV
SPDR S&P 500 ESG ETF
―
―
―
VOTE
Engine No. 1 Transform 500 ETF
―
―
―
QQQJ
Invesco NASDAQ Next Gen 100 ETF
―
―
―
NBCR
Neuberger Berman Core Equity ETF
―
―
―
ONEY
SPDR Russell 1000 Yield Focus ETF
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―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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