QQQJ - ETF AI Analysis

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Invesco NASDAQ Next Gen 100 ETF (QQQJ)

Rating:68Neutral

Price Target:―

The Invesco NASDAQ Next Gen 100 ETF (QQQJ) has a solid overall rating, reflecting a mix of strong performers and some weaker holdings. Western Digital and Expedia stand out as key contributors, with Western Digital benefiting from its strategic positioning in AI-driven markets and strong cash flow management, while Expedia's robust financial health and strategic initiatives, including AI integration, further boost the fund's outlook. However, holdings like Insmed and SanDisk, which face financial performance challenges and valuation concerns, slightly weigh on the ETF's overall rating. A potential risk for the fund is its exposure to companies with high leverage or negative profitability, which could impact performance during market downturns.

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)

AUM733.13M

RegionNorth America

Expense Ratio0.15%

Beta1.06

IssuerInvesco

Inception DateOct 13, 2020

Dividend Yield0.77%

Asset ClassEquity

Index TrackedNasdaq Next Generation 100 Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume154,038

30 Day Avg. Volume122,042

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

43.02

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering110

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 these sectors making up over 60% of the fund’s weight. Western Digital and Seagate Technology are rising stars, benefiting from strong earnings and strategic positioning in AI and data storage markets, while Monolithic Power is steady but facing challenges in the AI space. On the flip side, eBay and Alnylam Pharma are lagging, with bearish momentum and valuation concerns holding them back. With its U.S.-focused portfolio, QQQJ is a bet on innovation but faces mixed performance across its holdings.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
ALNY	Alnylam Pharma	3.17%	$22.89M	$61.42B	84.61%	60 Neutral
STX	Seagate Tech	3.05%	$22.07M	$56.99B	170.11%	66 Neutral
WDC	Western Digital	3.02%	$21.80M	$54.70B	121.16%	79 Outperform
INSM	Insmed	2.38%	$17.17M	$44.06B	174.15%	56 Neutral
MPWR	Monolithic Power	2.36%	$17.08M	$45.62B	63.37%	76 Outperform
EBAY	eBay	2.01%	$14.53M	$37.48B	30.94%	70 Outperform
UAL	United Airlines Holdings	1.74%	$12.58M	$33.79B	5.17%	68 Neutral
NTRA	Natera	1.71%	$12.34M	$32.66B	39.88%	68 Neutral
SNDK	SanDisk Corp	1.63%	$11.80M	$30.09B	―	55 Neutral
EXPE	Expedia	1.63%	$11.76M	$32.31B	40.04%	82 Outperform

QQQJ Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

36.11

Positive

100DMA

35.12

Positive

200DMA

32.56

Positive

Market Momentum

MACD

0.11

Negative

RSI

56.86

Neutral

STOCH

90.01

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 36.21, equal to the 50-day MA of 36.11, and equal to the 200-day MA of 32.56, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 56.86 is Neutral, neither overbought nor oversold. The STOCH value of 90.01 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
QQQJ	―	―	$733.13M	0.15%	―
VOTE	―	―	$935.69M	0.05%	―
ONEY	―	―	$853.54M	0.20%	―
AVLC	―	―	$841.51M	0.15%	―
DSPY	―	―	$781.83M	0.18%	―
FTQI	―	―	$770.56M	0.76%	―

Performance Comparison

QQQJ

Invesco NASDAQ Next Gen 100 ETF

36.81

4.72

14.71%

VOTE

Engine No. 1 Transform 500 ETF

―

ONEY

SPDR Russell 1000 Yield Focus ETF

―

AVLC

Avantis U.S. Large Cap Equity 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: ―

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