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QQQM - ETF AI Analysis
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Invesco NASDAQ 100 ETF (QQQM)
Rating:75Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key stocks, including Nvidia, Microsoft, and Alphabet, have delivered strong year-to-date performance, driving the ETF's returns.
Low Expense Ratio
The ETF has a very low expense ratio compared to industry averages, making it cost-effective for investors.
Sector Leadership in Technology
With over half of its exposure in the technology sector, the ETF benefits from the strong performance of leading tech companies.
Negative Factors
High Sector Concentration
Over 55% of the ETF is allocated to technology, making it vulnerable to downturns in this sector.
Limited Geographic Diversification
The ETF is heavily focused on U.S. companies, with minimal exposure to international markets.
Mixed Performance Among Holdings
While some holdings like Nvidia and Broadcom have performed strongly, others like Amazon have lagged, which could impact overall returns.
QQQM vs. SPDR S&P 500 ETF (SPY)
AUM72.40B
RegionNorth America
Expense Ratio0.15%
Beta1.26
IssuerInvesco
Inception DateOct 13, 2020
Dividend Yield0.49%
Asset ClassEquity
Index TrackedNASDAQ 100 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,570,946
30 Day Avg. Volume5,214,243
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
305.99Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering102
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QQQM Summary
The Invesco NASDAQ 100 ETF (QQQM) is an investment fund that tracks the NASDAQ 100 Index, which includes 100 of the largest and most innovative companies listed on the NASDAQ stock exchange. It focuses heavily on technology, communication services, and consumer-related industries. Some well-known companies in this ETF are Apple and Nvidia. Investors might consider QQQM for its potential growth and exposure to market-leading companies, especially in the tech sector. However, it’s important to note that this ETF is heavily influenced by technology stocks, meaning its performance can be more volatile if the tech industry faces challenges.
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
The Invesco NASDAQ 100 ETF (QQQM) leans heavily into technology, with giants like Nvidia and Apple leading the charge. Nvidia’s focus on AI and data centers has kept it steady, though recent momentum has cooled. Apple remains a steady performer, buoyed by its services growth. Meanwhile, Alphabet’s strong gains, driven by AI and cloud investments, have added a spark to the fund’s performance. On the flip side, Meta Platforms has been lagging, weighed down by mixed technical signals and expense concerns. With over half its weight in tech and a U.S.-centric portfolio, QQQM is riding the innovation wave but faces sector-specific risks.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.80% | $6.30B | $4.45T | 34.42% | 76 Outperform | |
| Apple | 7.60% | $5.44B | $3.84T | 9.29% | 79 Outperform | |
| Microsoft | 6.75% | $4.84B | $3.41T | 7.76% | 79 Outperform | |
| Amazon | 5.00% | $3.58B | $2.53T | 5.95% | 71 Outperform | |
| Alphabet Class A | 3.86% | $2.77B | $4.06T | 71.74% | 85 Outperform | |
| Tesla | 3.84% | $2.75B | $1.46T | 2.56% | 73 Outperform | |
| Alphabet Class C | 3.60% | $2.58B | $4.06T | 70.73% | 82 Outperform | |
| Meta Platforms | 3.57% | $2.56B | $1.55T | 0.69% | 76 Outperform | |
| Broadcom | 3.17% | $2.27B | $1.61T | 48.16% | 76 Outperform | |
| Costco | 2.30% | $1.65B | $422.11B | 2.98% | 72 Outperform |
QQQM Technical Analysis
Positive
―
Price Trends
253.49
Positive
249.61
Positive
232.05
Positive
Market Momentum
0.91
Negative
52.41
Neutral
60.20
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQQM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 255.04, equal to the 50-day MA of 253.49, and equal to the 200-day MA of 232.05, indicating a bullish trend. The MACD of 0.91 indicates Negative momentum. The RSI at 52.41 is Neutral, neither overbought nor oversold. The STOCH value of 60.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QQQM.
QQQM Peer Comparison
Comparison Results
Performance Comparison
QQQM
Invesco NASDAQ 100 ETF
256.00
45.95
21.88%
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
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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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