QQQA - ETF AI Analysis

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ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA)

Rating:73Outperform

Price Target:―

QQQA’s rating reflects a generally strong, momentum-focused portfolio led by high-quality names like Micron, Nvidia, ASML, and Ross Stores, which benefit from solid financial performance, positive earnings sentiment, and strong positions in growth areas such as AI and consumer retail. The fund is heavily tilted toward technology and semiconductor-related companies, which boosts return potential but also concentrates risk in one sector and exposes it to valuation pressures and issues like export controls and trade restrictions. Weaker spots such as Intel and Seagate, which face financial and valuation challenges, slightly hold back the overall rating but do not outweigh the strength of the leading holdings.

Positive Factors

Strong Recent Performance

The ETF has shown solid gains so far this year and over the last few months, indicating positive recent momentum.

Momentum in Top Holdings

Many of the largest positions, especially in semiconductor and chip-related companies, have delivered strong year-to-date performance that supports the fund’s returns.

Focused Yet Multi-Sector Exposure

While the fund leans heavily toward technology, it also includes consumer, communication, and health care stocks, adding some diversification across different parts of the market.

Negative Factors

High Technology Concentration

More than half of the portfolio is in the technology sector, which can make the fund more sensitive to downturns in tech stocks.

Top Holdings Clustered in Similar Industries

Many of the largest positions are in closely related semiconductor and hardware companies, increasing the risk that a slump in this niche could hurt the fund.

Higher Expense Ratio

The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees.

QQQA vs. SPDR S&P 500 ETF (SPY)

AUM10.79M

RegionNorth America

Expense Ratio0.58%

Beta1.44

IssuerProShares

Inception DateMay 18, 2021

Dividend Yield0.1%

Asset ClassEquity

Index TrackedNASDAQ-100 Dorsey Wright Momentum Index - Benchmark TR Gross

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume3,908

30 Day Avg. Volume4,510

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

63.70

Price 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 (ETF) 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 names and related firms, including well-known companies like Advanced Micro Devices (AMD) and Intel. Investors might consider QQQA if they want growth potential from leading tech and growth-oriented businesses, while still getting diversification across several sectors. However, this ETF is heavily tilted toward technology and momentum stocks, so its price can swing up and down more than the overall market.

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 tech hardware wave, with Western Digital, Seagate, Micron, and Applied Materials doing much of the heavy lifting as demand tied to AI and chips keeps these names rising. ASML and Lam Research add more semiconductor punch, reinforcing a clear tilt toward chip and equipment makers rather than broad Big Tech. Gilead and Ross Stores provide a steadier counterweight from health care and retail, while Microchip looks more mixed and can occasionally act as a speed bump. The fund is almost entirely U.S.-focused, with ASML adding a touch of Europe.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
WDC	Western Digital	6.50%	$704.96K	$92.32B	511.48%	77 Outperform
STX	Seagate Tech	6.03%	$654.61K	$83.68B	336.53%	68 Neutral
MU	Micron	5.90%	$640.47K	$479.61B	322.79%	79 Outperform
GILD	Gilead Sciences	5.72%	$620.56K	$179.99B	30.10%	78 Outperform
AMAT	Applied Materials	5.42%	$588.46K	$271.04B	119.41%	77 Outperform
ROST	Ross Stores	5.16%	$559.23K	$66.72B	66.07%	80 Outperform
ASML	ASML Holding NV	5.05%	$547.70K	€450.59B	80.13%	76 Outperform
KLAC	KLA	4.84%	$524.90K	$185.95B	98.97%	77 Outperform
INTC	Intel	4.80%	$520.95K	$228.62B	90.31%	64 Neutral
NVDA	Nvidia	4.66%	$505.42K	$4.38T	48.15%	76 Outperform

QQQA Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

53.00

Negative

100DMA

51.05

Positive

200DMA

48.17

Positive

Market Momentum

MACD

-0.30

Positive

RSI

49.69

Neutral

STOCH

58.93

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQQA, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 52.83, equal to the 50-day MA of 53.00, and equal to the 200-day MA of 48.17, indicating a neutral trend. The MACD of -0.30 indicates Positive momentum. The RSI at 49.69 is Neutral, neither overbought nor oversold. The STOCH value of 58.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QQQA.

QQQA Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
QQQA	―	―	$10.79M	0.58%	73 Outperform
UPSD	―	―	$97.75M	0.79%	70 Neutral
ALTL	―	―	$96.13M	0.60%	71 Outperform
BCUS	―	―	$91.86M	0.70%	73 Outperform
LVDS	―	―	$91.17M	0.30%	72 Outperform
RWLC	―	―	$84.95M	0.32%	73 Outperform

Performance Comparison

QQQA

ProShares Nasdaq-100 Dorsey Wright Momentum ETF

52.58

11.25

27.22%

UPSD

Aptus Large Cap Upside ETF

―

ALTL

Pacer Lunt Large Cap Alternator ETF

―

BCUS

Bancreek U.S. Large Cap ETF

―

LVDS

JPMorgan Fundamental Data Science Large Value ETF

―

RWLC

Rayliant Quantitative Developed Market Equity ETF

―

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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