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QQMG - ETF AI Analysis
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Invesco ESG NASDAQ 100 ETF (QQMG)
Rating:75Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key positions, such as Nvidia, Broadcom, and Netflix, have delivered strong year-to-date performance, driving the fund’s returns.
Sector Focus on Technology
With over 60% exposure to technology, the ETF benefits from the growth potential of a high-performing sector.
Low Expense Ratio
The ETF charges a competitive expense ratio, making it cost-effective compared to other funds.
Negative Factors
High Concentration in Top Holdings
The top three stocks—Nvidia, Microsoft, and Apple—make up a significant portion of the portfolio, increasing reliance on their performance.
Limited Geographic Diversification
With nearly all assets invested in U.S. companies, the ETF lacks exposure to international markets.
Underperformance in Key Holding
Apple and Amazon have shown weaker year-to-date performance compared to other top holdings, slightly dragging on overall returns.
QQMG Historical Chart
AUM169.02M
RegionNorth America
Expense Ratio0.20%
Beta1.30
IssuerInvesco
Inception DateOct 27, 2021
Dividend Yield0.41%
Asset ClassEquity
Index TrackedNASDAQ-100 ESG Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume31,547
30 Day Avg. Volume32,232
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
51.62Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering92
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QQMG Summary
The Invesco ESG NASDAQ 100 ETF (QQMG) is an investment fund that focuses on large, well-established companies in the NASDAQ-100 Index that meet high environmental, social, and governance (ESG) standards. It includes major players like Microsoft and Nvidia, which are leaders in technology and innovation. This ETF is ideal for investors who want to support sustainable practices while benefiting from the growth potential of top-performing companies. However, since it is heavily weighted in technology stocks, its performance can be significantly affected by changes in the tech industry.
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
The Invesco ESG NASDAQ 100 ETF leans heavily into technology, with Nvidia, Apple, and Microsoft leading the charge. Nvidia’s long-term focus on AI keeps it in the spotlight, though recent performance has been mixed. Apple remains steady, buoyed by its services growth, while Microsoft’s cloud and AI segments show promise despite short-term volatility. Tesla’s recent rally adds a spark to the fund, but Netflix’s lagging performance has been a drag. With a strong U.S. focus and a tech-heavy lineup, this ETF is riding the innovation wave but faces some bumps along the way.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 11.10% | $18.52M | $4.53T | 35.23% | 76 Outperform | |
| Apple | 8.38% | $13.98M | $3.76T | 11.11% | 79 Outperform | |
| Microsoft | 7.71% | $12.87M | $3.42T | 7.18% | 79 Outperform | |
| Amazon | 5.27% | $8.79M | $2.56T | 5.83% | 71 Outperform | |
| Tesla | 3.64% | $6.07M | $1.46T | 2.58% | 73 Outperform | |
| Alphabet Class A | 3.43% | $5.73M | $3.98T | 68.37% | 85 Outperform | |
| Alphabet Class C | 3.19% | $5.33M | $3.98T | 67.22% | 82 Outperform | |
| Broadcom | 2.87% | $4.80M | $1.67T | 48.12% | 76 Outperform | |
| Advanced Micro Devices | 2.58% | $4.30M | $377.43B | 90.87% | 73 Outperform | |
| Netflix | 2.54% | $4.24M | $402.12B | 2.55% | 73 Outperform |
QQMG Technical Analysis
Positive
―
Price Trends
42.45
Positive
41.78
Positive
38.73
Positive
Market Momentum
0.12
Positive
51.19
Neutral
42.90
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQMG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 42.76, equal to the 50-day MA of 42.45, and equal to the 200-day MA of 38.73, indicating a bullish trend. The MACD of 0.12 indicates Positive momentum. The RSI at 51.19 is Neutral, neither overbought nor oversold. The STOCH value of 42.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QQMG.
QQMG Peer Comparison
Comparison Results
Performance Comparison
QQMG
Invesco ESG NASDAQ 100 ETF
42.77
7.30
20.58%
AVLC
Avantis U.S. Large Cap Equity ETF
―
―
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VOTE
Engine No. 1 Transform 500 ETF
―
―
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NBCR
Neuberger Berman Core Equity ETF
―
―
―
QQQJ
Invesco NASDAQ Next Gen 100 ETF
―
―
―
ONEY
SPDR Russell 1000 Yield Focus ETF
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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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