QQQA - ETF AI Analysis
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ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the past month, three months, and year-to-date, indicating solid recent momentum.
Momentum-Focused Top Holdings
Most of the largest positions, especially in semiconductor and chip-related companies, have delivered strong year-to-date performance, helping drive the fund’s returns.
Targeted Growth Sectors
Heavy exposure to technology and communication services positions the fund to benefit when growth-oriented sectors are doing well.
Negative Factors
High Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which means more of your returns go toward fees each year.
Concentrated Sector Exposure
With the majority of assets in technology and related areas, the fund is vulnerable if these sectors experience a downturn.
Small Asset Base
The ETF manages a relatively small amount of money, which can sometimes lead to higher trading costs and a greater risk the fund could be closed in the future.
QQQA vs. SPDR S&P 500 ETF (SPY)
AUM70.77M
RegionNorth America
Expense Ratio0.58%
Beta1.51
IssuerProShares
Inception DateMay 18, 2021
Dividend Yield0.03%
Asset ClassEquity
Index TrackedNASDAQ-100 Dorsey Wright Momentum Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume57,999
30 Day Avg. Volume48,906
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
89.50Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering21
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QQQA Summary
QQQA is an exchange-traded fund that follows the Nasdaq-100 Dorsey Wright Momentum Index, focusing on large U.S. companies whose stock prices have been rising strongly. It mainly holds big technology and communication names, including well-known chip makers like AMD and Intel, along with other fast-growing tech firms. Someone might invest in QQQA if they want growth potential from leading tech-focused companies and prefer a single fund instead of picking individual stocks. However, this ETF is heavily tilted toward technology and momentum stocks, so its price can swing sharply and may fall quickly if tech or high-growth shares lose favor.
How much will it cost me?The expense ratio for QQQA is 0.58%, meaning you’ll pay $5.80 per year for every $1,000 invested. This is higher than average because QQQA is actively managed, focusing on a momentum strategy that requires more frequent adjustments compared to passively managed ETFs.
What would affect this ETF?The QQQA ETF, which focuses on large-cap U.S. companies with a strong momentum strategy, could benefit from continued growth in the technology and consumer cyclical sectors, especially if innovation and consumer demand remain strong. However, it may face challenges from rising interest rates, which can negatively impact growth-oriented stocks, and regulatory changes in the tech and communication services industries. Its heavy reliance on U.S. markets also makes it sensitive to domestic economic conditions.
QQQA Top 10 Holdings
QQQA is riding a powerful semiconductor and AI hardware wave, with ARM, Marvell, and AMD doing much of the heavy lifting as their momentum in data centers and AI chips keeps the fund’s tech engine humming. Legacy chip giant Intel is more mixed, helping at times but still wrestling with profitability and cash flow issues. Storage names Seagate and Western Digital are steadily adding support as demand for data and AI infrastructure grows. With a heavy U.S. tech tilt and concentrated chip exposure, this ETF lives and dies by the semiconductor cycle.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Advanced Micro Devices | 7.85% | $5.84M | $808.39B | 215.79% | 73 Outperform | |
| ARM Holdings PLC ADR | 6.77% | $5.03M | $284.29B | 70.47% | 69 Neutral | |
| Intel | 5.97% | $4.44M | $477.67B | 311.43% | 64 Neutral | |
| Seagate Tech | 5.68% | $4.23M | $176.62B | 428.36% | 68 Neutral | |
| Marvell | 5.63% | $4.19M | $165.24B | 152.75% | 76 Outperform | |
| Applied Materials | 5.40% | $4.01M | $420.53B | 178.12% | 77 Outperform | |
| Western Digital | 5.22% | $3.88M | $164.49B | 601.79% | 77 Outperform | |
| KLA | 4.85% | $3.61M | $277.91B | 128.49% | 77 Outperform | |
| Lam Research | 4.68% | $3.48M | $391.80B | 211.24% | 77 Outperform | |
| ASML Holding NV | 4.64% | $3.45M | €587.11B | 141.28% | 76 Outperform |
QQQA Technical Analysis
Neutral
―
Price Trends
77.09
Negative
66.69
Positive
58.51
Positive
Market Momentum
-1.37
Positive
39.83
Neutral
16.80
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQQA, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 78.91, equal to the 50-day MA of 77.09, and equal to the 200-day MA of 58.51, indicating a neutral trend. The MACD of -1.37 indicates Positive momentum. The RSI at 39.83 is Neutral, neither overbought nor oversold. The STOCH value of 16.80 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for QQQA.
QQQA Peer Comparison
Comparison Results
Performance Comparison
QQQA
ProShares Nasdaq-100 Dorsey Wright Momentum ETF
71.17
26.01
57.60%
ACEP
ARS Core Equity Portfolio ETF
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ALTL
Pacer Lunt Large Cap Alternator ETF
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JOYT
JPMorgan Equity and Options Total Return ETF
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―
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JHDG
John Hancock Hedged Equity ETF
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SPXE
ProShares S&P 500 Ex-Energy 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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