Education
About Us
Working with TipRanks
Follow Us
QQQJ - ETF AI Analysis
Top Page
Invesco NASDAQ Next Gen 100 ETF (QQQJ)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several top holdings, such as Seagate Technology and Insmed, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Sector Diversification
The ETF is spread across multiple sectors, including technology, health care, and consumer cyclical, reducing reliance on a single industry.
Low Expense Ratio
With a low expense ratio of 0.15%, this ETF is cost-effective compared to many other funds, allowing investors to keep more of their returns.
Negative Factors
High U.S. Concentration
The ETF has nearly 98% exposure to U.S. companies, limiting diversification across global markets.
Mixed Short-Term Performance
The ETF's one-month performance has been slightly negative, indicating potential short-term volatility.
Overweight in Technology
With nearly 40% of the portfolio in the technology sector, the ETF is heavily exposed to risks specific to this industry.
QQQJ vs. SPDR S&P 500 ETF (SPY)
AUM837.26M
RegionNorth America
Expense Ratio0.15%
Beta1.03
IssuerInvesco
Inception DateOct 13, 2020
Dividend Yield0.8%
Asset ClassEquity
Index TrackedNasdaq Next Generation 100 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume172,816
30 Day Avg. Volume153,211
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
44.27Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering107
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QQQJ Summary
The Invesco NASDAQ Next Gen 100 ETF (QQQJ) is designed to track the Nasdaq Next Generation 100 Index, which includes companies positioned just below the Nasdaq-100. This ETF focuses on emerging large-cap companies with high growth potential, primarily in the U.S. It holds a mix of sectors like technology, healthcare, and consumer cyclical, with well-known names such as eBay and Seagate Technology among its top holdings. Investors might consider QQQJ for exposure to innovative companies that could become future market leaders. However, it’s important to note that this ETF is heavily influenced by the tech sector, meaning its performance can be volatile and tied to the ups and downs of the technology industry.
How much will it cost me?The Invesco NASDAQ Next Gen 100 ETF (QQQJ) has an expense ratio of 0.15%, which means you’ll pay $1.50 per year for every $1,000 invested. This is lower than average because it’s a passively managed fund that tracks an index, making it more cost-efficient compared to actively managed ETFs.
What would affect this ETF?The QQQJ ETF, with its strong focus on technology and healthcare sectors, could benefit from continued innovation and growth in these industries, especially as demand for cutting-edge tech and medical advancements rises. However, it may face challenges from regulatory changes in the tech and healthcare sectors or economic slowdowns that impact consumer spending and industrial activity, given its exposure to these areas. Additionally, interest rate hikes could negatively affect growth-oriented companies, which are a significant part of this ETF's portfolio.
QQQJ Top 10 Holdings
The Invesco NASDAQ Next Gen 100 ETF (QQQJ) leans heavily into technology and healthcare, with nearly two-thirds of its portfolio concentrated in these growth-oriented sectors. Seagate Technology and Western Digital are rising stars, benefiting from strong earnings and AI-driven demand, while Alnylam Pharma has been lagging due to valuation concerns and mixed sentiment. Monolithic Power and eBay are steady contributors, though eBay faces short-term challenges. With its U.S.-focused exposure and a tilt toward innovation, the fund is well-positioned for long-term growth but remains sensitive to sector-specific volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| SanDisk Corp | 2.73% | $23.02M | $55.31B | ― | 55 Neutral | |
| eBay | 2.01% | $17.02M | $41.09B | 44.85% | 70 Outperform | |
| United Airlines Holdings | 1.78% | $15.06M | $37.98B | 7.08% | 74 Outperform | |
| Fiserv | 1.77% | $14.96M | $37.57B | -66.64% | 68 Neutral | |
| Teradyne | 1.68% | $14.18M | $34.02B | 67.21% | 71 Outperform | |
| CoreWeave | 1.66% | $14.02M | $39.94B | ― | 51 Neutral | |
| Expedia | 1.63% | $13.77M | $36.31B | 59.14% | 80 Outperform | |
| MongoDB | 1.63% | $13.73M | $33.22B | 72.51% | 75 Outperform | |
| Elbit Systems | 1.59% | $13.42M | 104.79B | 145.54% | 73 Outperform | |
| Kimberly Clark | 1.56% | $13.16M | $32.50B | -22.12% | 63 Neutral |
QQQJ Technical Analysis
Positive
―
Price Trends
36.93
Positive
36.24
Positive
33.51
Positive
Market Momentum
0.59
Negative
68.55
Neutral
95.85
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQQJ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 37.71, equal to the 50-day MA of 36.93, and equal to the 200-day MA of 33.51, indicating a bullish trend. The MACD of 0.59 indicates Negative momentum. The RSI at 68.55 is Neutral, neither overbought nor oversold. The STOCH value of 95.85 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QQQJ.
QQQJ Peer Comparison
Comparison Results
Performance Comparison
QQQJ
Invesco NASDAQ Next Gen 100 ETF
39.14
8.20
26.50%
VOTE
Engine No. 1 Transform 500 ETF
―
―
―
AVLC
Avantis U.S. Large Cap Equity ETF
―
―
―
ONEY
SPDR Russell 1000 Yield Focus ETF
―
―
―
DSPY
Tema S&P 500 Historical Weight ETF Strategy
―
―
―
FTQI
First Trust Hedged BuyWrite Income 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: ―
Table of Contents