QQQJ - ETF AI Analysis
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Invesco NASDAQ Next Gen 100 ETF (QQQJ)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains so far this year and over the past month, indicating positive recent momentum.
Growth-Focused Technology Tilt
A large share of the fund is in technology and related growth sectors, which have generally been strong drivers of returns.
Reasonable Expense Ratio
The fund’s fee is relatively low for an actively traded ETF, helping investors keep more of their returns over time.
Negative Factors
Heavy U.S. Concentration
With almost all assets in U.S. companies, the fund offers little geographic diversification and is highly tied to the U.S. market.
Sector Concentration in Tech and Health Care
A large portion of the portfolio is in technology and health care, which can increase risk if these sectors fall out of favor.
Some Mixed Top-Holding Performance
While many top holdings have risen, at least one key position has been weak this year, which can drag on overall returns.
QQQJ vs. SPDR S&P 500 ETF (SPY)
AUM971.40M
RegionNorth America
Expense Ratio0.15%
Beta1.06
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. Volume149,068
30 Day Avg. Volume182,844
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
47.80Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering104
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QQQJ Summary
The Invesco NASDAQ Next Gen 100 ETF (QQQJ) follows the Nasdaq Next Generation 100 Index, which focuses on the “next in line” companies right behind the famous Nasdaq-100. It mainly holds U.S. stocks in fast-growing areas like technology and health care, including well-known names such as eBay and ON Semiconductor. Investors might consider QQQJ if they want growth potential from up-and-coming companies while still getting diversification across many sectors. A key risk is that these growth-focused stocks can be more volatile, so the ETF’s price can rise and fall sharply with changes in the market and tech-related sentiment.
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
QQQJ is leaning hard into the “next wave” of tech, with U.S.-based chip and AI infrastructure names setting the tone. Teradyne, ON Semiconductor, GlobalFoundries, and Astera Labs are all rising, giving the fund a solid tailwind from the semiconductor and AI build-out theme. CoreWeave and Nebius add more high-growth, higher-risk flavor, with performance still a bit mixed beneath the surface. eBay and Fiserv are steadier but not really stealing the show, while Elbit Systems has been losing a bit of steam, modestly tugging on returns.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Teradyne | 3.18% | $30.80M | $65.45B | 423.23% | 71 Outperform | |
| Lumentum Holdings | 3.10% | $30.04M | $62.95B | 1330.89% | 61 Neutral | |
| eBay | 2.27% | $21.99M | $43.88B | 51.22% | 70 Outperform | |
| CoreWeave | 2.19% | $21.19M | $57.90B | 166.68% | 51 Neutral | |
| ON Semiconductor | 1.95% | $18.90M | $38.70B | 144.86% | 73 Outperform | |
| Elbit Systems | 1.92% | $18.59M | ₪117.12B | 112.34% | 73 Outperform | |
| GlobalFoundries Inc | 1.70% | $16.42M | $34.38B | 71.30% | 63 Neutral | |
| Astera Labs, Inc. | 1.69% | $16.38M | $36.23B | 197.58% | 68 Neutral | |
| Flex | 1.67% | $16.21M | $33.61B | 156.71% | 74 Outperform | |
| Fiserv | 1.66% | $16.04M | $32.54B | -65.58% | 68 Neutral |
QQQJ Technical Analysis
Positive
―
Price Trends
38.09
Positive
38.07
Positive
36.59
Positive
Market Momentum
0.70
Positive
61.22
Neutral
35.90
Neutral
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 39.67, equal to the 50-day MA of 38.09, and equal to the 200-day MA of 36.59, indicating a bullish trend. The MACD of 0.70 indicates Positive momentum. The RSI at 61.22 is Neutral, neither overbought nor oversold. The STOCH value of 35.90 is Neutral, 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
40.40
11.04
37.60%
MODL
VictoryShares WestEnd U.S. Sector ETF
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QLC
FlexShares US Quality Large Cap Index Fund
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ONEY
SPDR Russell 1000 Yield Focus ETF
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―
―
NBCR
Neuberger Berman Core Equity ETF
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DSPY
Tema S&P 500 Historical Weight ETF Strategy
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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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