The Invesco QQQ Trust ETF (QQQ), which tracks the performance of the Nasdaq 100 Index (NDX), has risen 1% over the past five trading sessions and is up about 17% so far in 2026. This year-to-date rise reflects strength in several technology stocks despite volatility due to geopolitical tensions and macroeconomic uncertainty. QQQ’s performance also reflects the recent results reported by several AI players.
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Explore NVDS for 2X short leverage on NVDAOverall, QQQ has gained about 38% over the past year.
Currently, the QQQ ETF’s top three holdings are tech giants Nvidia (NVDA), Apple (AAPL), and Microsoft (MSFT).
According to TipRanks’ unique ETF analyst consensus, which is based on a weighted average of analyst ratings on its holdings, QQQ is a Strong Buy. The Street’s average price target of $817.97 for the QQQ ETF implies an upside potential of 14%.
QQQ’s Key Holdings with Highest Upside/Downside Potential
Currently, QQQ’s five holdings with the highest upside potential are:
- Strategy (MSTR)
- Insmed (INSM)
- Charter Communications (CHTR)
- Axon Enterprise (AXON)
- Thomson Reuters (TRI)
Currently, QQQ’s top holdings with the highest downside potential are:
Revealingly, the QQQ ETF’s Smart Score is eight, implying that this ETF is expected to outperform the broader market over the long term.