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QQQJ - ETF AI Analysis
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Invesco NASDAQ Next Gen 100 ETF (QQQJ)
Rating:69Neutral
Price Target:
$40.00
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)
AUM704.38M
RegionNorth America
Expense Ratio0.15%
Beta1.04
IssuerInvesco
Inception DateOct 13, 2020
Dividend Yield0.78%
Asset ClassEquity
Index TrackedNasdaq Next Generation 100 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume108,644
30 Day Avg. Volume109,005
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
42.34Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering111
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, with nearly 40% of its portfolio tied to the sector, making it a bet on innovation and growth. Standouts like Monolithic Power and Western Digital are rising steadily, thanks to strong earnings and strategic focus on AI and cloud growth. However, Seagate Technology's mixed performance and Tractor Supply's bearish momentum are holding the fund back. With a U.S.-centric portfolio and a diverse mix of sectors, QQQJ offers exposure to emerging leaders, though its tech-heavy tilt adds both excitement and risk.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Seagate Tech | 3.16% | $22.52M | $59.66B | 166.61% | 70 Outperform | |
| Alnylam Pharma | 3.08% | $22.00M | $58.49B | 59.57% | 57 Neutral | |
| Western Digital | 3.01% | $21.43M | $55.71B | 134.10% | 78 Outperform | |
| Monolithic Power | 2.44% | $17.39M | $45.91B | 25.87% | 76 Outperform | |
| Insmed | 2.13% | $15.20M | $40.46B | 157.95% | 53 Neutral | |
| eBay | 2.04% | $14.52M | $37.88B | 35.40% | 70 Outperform | |
| SanDisk Corp | 1.86% | $13.26M | $35.09B | ― | 61 Neutral | |
| United Airlines Holdings | 1.68% | $11.96M | $31.54B | 11.34% | 68 Neutral | |
| Expedia | 1.62% | $11.57M | $31.95B | 42.87% | 76 Outperform | |
| Teradyne | 1.54% | $10.99M | $28.55B | 64.38% | 76 Outperform |
QQQJ Technical Analysis
Positive
―
Price Trends
35.85
Positive
34.39
Positive
32.21
Positive
Market Momentum
0.17
Positive
54.32
Neutral
54.42
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 36.15, equal to the 50-day MA of 35.85, and equal to the 200-day MA of 32.21, indicating a bullish trend. The MACD of 0.17 indicates Positive momentum. The RSI at 54.32 is Neutral, neither overbought nor oversold. The STOCH value of 54.42 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
36.49
4.94
15.66%
SEIM
SEI Enhanced U.S. Large Cap Momentum Factor ETF
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VOTE
Engine No. 1 Transform 500 ETF
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ONEY
SPDR Russell 1000 Yield Focus ETF
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AVLC
Avantis U.S. Large Cap 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.
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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