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QQQ - ETF AI Analysis
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Invesco QQQ Trust (QQQ)
Rating:75Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key stocks, such as Nvidia, Microsoft, and Alphabet, have delivered strong year-to-date performance, driving the ETF's gains.
Sector Leadership in Technology
With over half of its exposure in the technology sector, the ETF benefits from the strong growth trends in this industry.
Low Expense Ratio
The ETF charges a relatively low expense ratio, allowing investors to keep more of their returns.
Negative Factors
High Concentration in Technology
Over 54% of the portfolio is concentrated in the technology sector, making the fund vulnerable to downturns in this industry.
Limited Geographic Diversification
The ETF is heavily focused on U.S. companies, with minimal exposure to international markets.
Underperformance of Key Holding
Amazon, a top holding, has shown weak year-to-date performance, which could weigh on overall returns.
QQQ vs. SPDR S&P 500 ETF (SPY)
AUM410.18B
RegionNorth America
Expense Ratio0.20%
Beta1.27
IssuerInvesco
Inception DateMar 10, 1999
Dividend Yield0.45%
Asset ClassEquity
Index TrackedNASDAQ 100 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume44,684,303
30 Day Avg. Volume57,262,450
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
734.02Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering101
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QQQ Summary
The Invesco QQQ Trust (ticker: QQQ) is an ETF that tracks the Nasdaq-100 Index, which includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market. It focuses heavily on technology, consumer services, and healthcare sectors, with well-known companies like Apple and Nvidia among its top holdings. Investors might consider QQQ for its potential growth opportunities and exposure to innovative, high-performing companies. However, since it is heavily weighted toward tech stocks, its performance can be significantly impacted by changes in the technology sector or broader market trends.
How much will it cost me?The Invesco QQQ Trust has an expense ratio of 0.20%, which means you’ll pay $2 per year for every $1,000 invested. This is lower than average for actively managed funds but slightly higher than many passively managed ETFs, as it tracks a specialized index of large-cap, innovative companies.
What would affect this ETF?The QQQ ETF, with its heavy focus on technology and large-cap companies like Apple, Microsoft, and Nvidia, could benefit from continued innovation and growth in the tech sector, as well as increased consumer demand for digital services. However, it may face challenges from rising interest rates, which can negatively impact high-growth companies, and regulatory scrutiny targeting major tech firms. Economic slowdowns or reduced consumer spending could also affect its performance, given its exposure to consumer cyclical and communication services sectors.
QQQ Top 10 Holdings
The Invesco QQQ Trust leans heavily into technology, with Nvidia and Broadcom driving performance thanks to their focus on AI and semiconductors, though Nvidia’s recent momentum has cooled slightly. Apple and Microsoft offer steady contributions, but Microsoft’s mixed signals in cloud growth have tempered enthusiasm. Alphabet’s strong gains in AI and cloud services are a bright spot, while Meta’s recent struggles with expense management have held it back. With a clear tilt toward U.S.-based tech giants, QQQ is riding the innovation wave, though its concentration in high-growth names adds a layer of volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 9.10% | $37.31B | $4.63T | 39.06% | 76 Outperform | |
| Apple | 7.94% | $32.55B | $4.04T | 6.97% | 79 Outperform | |
| Microsoft | 7.12% | $29.21B | $3.62T | 13.28% | 79 Outperform | |
| Amazon | 4.88% | $20.03B | $2.49T | 3.92% | 71 Outperform | |
| Tesla | 4.13% | $16.94B | $1.58T | 10.08% | 73 Outperform | |
| Meta Platforms | 3.83% | $15.70B | $1.67T | 10.58% | 76 Outperform | |
| Alphabet Class A | 3.58% | $14.70B | $3.79T | 62.64% | 85 Outperform | |
| Alphabet Class C | 3.35% | $13.72B | $3.79T | 62.32% | 82 Outperform | |
| Broadcom | 3.27% | $13.40B | $1.67T | 45.66% | 76 Outperform | |
| Palantir Technologies | 2.34% | $9.59B | $449.78B | 138.63% | 74 Outperform |
QQQ Technical Analysis
Positive
―
Price Trends
614.86
Positive
599.86
Positive
554.36
Positive
Market Momentum
2.09
Negative
57.04
Neutral
92.57
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQQ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 618.59, equal to the 50-day MA of 614.86, and equal to the 200-day MA of 554.36, indicating a bullish trend. The MACD of 2.09 indicates Negative momentum. The RSI at 57.04 is Neutral, neither overbought nor oversold. The STOCH value of 92.57 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QQQ.
QQQ Peer Comparison
Comparison Results
Performance Comparison
QQQ
Invesco QQQ Trust
623.89
110.88
21.61%
VOO
Vanguard S&P 500 ETF
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―
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IVV
iShares Core S&P 500 ETF
―
―
―
SPY
SPDR S&P 500 ETF Trust
―
―
―
SPYM
State Street SPDR Portfolio S&P 500 ETF
―
―
―
QQQM
Invesco NASDAQ 100 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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