QQQ - ETF AI Analysis
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Invesco QQQ Trust (QQQ)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Year-To-Date Performance
The ETF has delivered strong gains so far this year, showing solid overall momentum for investors.
Leading Technology and Growth Companies
Many of the largest holdings are well-known technology and growth leaders that have shown strong or steady performance, helping drive the fund’s returns.
Moderate Expense Ratio for a Specialized Fund
The fund’s expense ratio is relatively low for a focused, rules-based index ETF, allowing investors to keep more of their returns.
Negative Factors
High Concentration in a Few Stocks
A small number of large positions make up a significant share of the portfolio, increasing the impact if any of these companies struggle.
Heavy Tilt Toward Technology
More than half of the fund is invested in the technology sector, which can make the ETF more sensitive to downturns in tech-related stocks.
Limited Geographic Diversification
The ETF is almost entirely invested in U.S. companies, offering little protection if the U.S. market faces broad weakness.
QQQ vs. SPDR S&P 500 ETF (SPY)
AUM488.84B
RegionNorth America
Expense Ratio0.18%
Beta1.27
IssuerInvesco
Inception DateMar 10, 1999
Dividend Yield0.43%
Asset ClassEquity
Index TrackedNASDAQ 100 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume31,481,892
30 Day Avg. Volume42,745,298
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
891.12Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering102
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QQQ Summary
Invesco QQQ Trust (QQQ) is an ETF that follows the Nasdaq-100 Index, which includes many of the largest non-financial companies listed on the Nasdaq. It is heavily focused on U.S. technology and consumer companies, with top holdings like Apple, Microsoft, Nvidia, and Amazon. Investors might choose QQQ for long-term growth and easy diversification across many leading innovative businesses in a single investment. However, because it is strongly tilted toward tech and other growth stocks, its price can rise and fall sharply with changes in the stock market and the technology sector.
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
QQQ’s story is all about U.S. Big Tech and chip powerhouses setting the tone. Apple has been the star lately, rising steadily and giving the fund a strong tailwind, while Nvidia and Broadcom add extra spark with their AI-fueled momentum. Micron and AMD have been more of a roller coaster, delivering big gains but with some recent bumps. On the softer side, Microsoft and Amazon have been treading water, which slightly cools overall returns. With most of its muscle in U.S. technology and communication names, QQQ is very much a growth-first, tech-heavy ride.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.40% | $41.08B | $5.26T | 23.93% | 76 Outperform | |
| Apple | 7.42% | $36.31B | $4.62T | 40.88% | 79 Outperform | |
| Microsoft | 5.74% | $28.07B | $3.60T | -4.58% | 79 Outperform | |
| Micron | 4.65% | $22.76B | $1.06T | 709.31% | 79 Outperform | |
| Amazon | 4.56% | $22.31B | $2.87T | 18.78% | 71 Outperform | |
| Advanced Micro Devices | 3.35% | $16.38B | $761.42B | 182.34% | 73 Outperform | |
| Alphabet Class A | 3.20% | $15.66B | $4.20T | 70.55% | 85 Outperform | |
| Alphabet Class C | 2.97% | $14.55B | $4.20T | 70.69% | 82 Outperform | |
| Tesla | 2.80% | $13.69B | $1.39T | 9.69% | 73 Outperform | |
| Broadcom | 2.74% | $13.41B | $1.72T | 25.70% | 76 Outperform |
QQQ Technical Analysis
Neutral
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Price Trends
712.94
Negative
692.88
Positive
651.32
Positive
Market Momentum
3.98
Negative
48.82
Neutral
19.86
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQQ, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 707.73, equal to the 50-day MA of 712.94, and equal to the 200-day MA of 651.32, indicating a neutral trend. The MACD of 3.98 indicates Negative momentum. The RSI at 48.82 is Neutral, neither overbought nor oversold. The STOCH value of 19.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for QQQ.
QQQ Peer Comparison
Comparison Results
Performance Comparison
QQQ
Invesco QQQ Trust
713.44
144.21
25.33%
VOO
Vanguard S&P 500 ETF
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IVV
iShares Core S&P 500 ETF
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SPY
SPDR S&P 500 ETF Trust
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―
―
SPYM
State Street SPDR Portfolio S&P 500 ETF
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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.
DisclaimerThis 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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