QQQM - ETF AI Analysis
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Invesco NASDAQ 100 ETF (QQQM)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, showing solid momentum for investors.
Leading Technology and Growth Companies
Many of the largest holdings, such as major chipmakers and big tech firms, have shown strong or steady performance, helping drive the fund’s returns.
Low Expense Ratio
The fund’s relatively low annual fee means more of the investment gains stay in investors’ pockets over time.
Negative Factors
Heavy Concentration in Technology
More than half of the portfolio is in the technology sector, which increases the fund’s sensitivity to swings in tech stocks.
Underperforming Large Holdings
Some major positions, including well-known tech and growth names, have shown weak or negative performance this year, which can drag on overall returns.
Limited Geographic Diversification
The ETF is overwhelmingly invested in U.S. companies, offering very little exposure to other regions and their potential growth.
QQQM vs. SPDR S&P 500 ETF (SPY)
AUM95.45B
RegionNorth America
Expense Ratio0.15%
Beta1.26
IssuerInvesco
Inception DateOct 13, 2020
Dividend Yield0.48%
Asset ClassEquity
Index TrackedNASDAQ 100 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,254,909
30 Day Avg. Volume4,064,255
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
362.72Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering104
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QQQM Summary
QQQM is an ETF that follows the NASDAQ 100 Index, which tracks many of the largest and most innovative companies on the NASDAQ stock exchange. It mainly holds big U.S. companies in technology, communication, and consumer sectors. Well-known names in the fund include Apple, Microsoft, Amazon, and Nvidia. Investors might consider QQQM for long-term growth and easy diversification across leading tech-focused businesses in a single investment. However, because it is heavily tilted toward technology and other growth stocks, its price can rise and fall sharply with changes in the stock market and tech sector.
How much will it cost me?The Invesco NASDAQ 100 ETF (QQQM) 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 passively managed, tracking the NASDAQ 100 Index rather than relying on active stock picking.
What would affect this ETF?The QQQM ETF, heavily focused on technology and innovative companies like Nvidia, Apple, and Microsoft, could benefit from advancements in AI, cloud computing, and consumer demand for tech products. However, it may face challenges from rising interest rates, which can negatively impact growth stocks, and regulatory scrutiny on major tech firms in the U.S. market. Economic slowdowns or shifts in consumer spending could also influence its performance.
QQQM Top 10 Holdings
QQQM is riding a powerful Big Tech and semiconductor wave, with Apple and Nvidia doing much of the heavy lifting as they continue to climb on the back of AI and device demand. Micron and AMD add even more chip-fueled momentum, though their sharp swings mean the ride isn’t always smooth. On the flip side, Microsoft and Amazon have been more mixed lately, occasionally taking some wind out of the fund’s sails. With all of this anchored in U.S. mega-caps and heavily tilted toward tech, QQQM is very much a bet on America’s digital giants.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 8.55% | $8.00B | $4.99T | 61.77% | 79 Outperform | |
| Nvidia | 7.92% | $7.40B | $4.77T | 5.99% | 76 Outperform | |
| Microsoft | 4.99% | $4.67B | $2.92T | -23.91% | 79 Outperform | |
| Amazon | 4.20% | $3.92B | $2.48T | -1.54% | 71 Outperform | |
| Micron | 3.96% | $3.70B | $926.70B | 544.06% | 79 Outperform | |
| Alphabet Class A | 3.38% | $3.16B | $4.08T | 71.33% | 85 Outperform | |
| Advanced Micro Devices | 3.33% | $3.11B | $741.30B | 139.30% | 73 Outperform | |
| Alphabet Class C | 3.15% | $2.95B | $4.08T | 70.06% | 82 Outperform | |
| Broadcom | 3.02% | $2.83B | $1.81T | 22.37% | 76 Outperform | |
| Meta Platforms | 2.99% | $2.79B | $1.51T | -15.76% | 76 Outperform |
QQQM Technical Analysis
Negative
―
Price Trends
294.56
Negative
277.09
Negative
264.67
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQQM, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 290.00, equal to the 50-day MA of 294.56, and equal to the 200-day MA of 264.67, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QQQM.
QQQM Peer Comparison
Comparison Results
Performance Comparison
QQQM
Invesco NASDAQ 100 ETF
281.35
49.95
21.59%
VOO
Vanguard S&P 500 ETF
―
―
―
IVV
iShares Core S&P 500 ETF
―
―
―
SPY
SPDR S&P 500 ETF Trust
―
―
―
QQQ
Invesco QQQ Trust
―
―
―
SPYM
State Street SPDR Portfolio S&P 500 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.
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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