The Invesco QQQ ETF (QQQ), which tracks the performance of the Nasdaq 100 Index (NDX), declined 0.83% on Wednesday as tech stocks continued to be under pressure.
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Overall, the QQQ ETF has declined by 0.88% over the past five days. However, it had a strong run in 2025, up more than 21% despite the recent pressures on tech stocks.
It is worth noting that QQQ recently converted from a unit investment trust to an open-end fund. Also, it lowered the annual fee to 0.18% from 0.20%.
QQQ’s Key Holdings with Highest Upside/Downside Potential
According to TipRanks’ unique ETF analyst consensus, which is based on a weighted average of analyst ratings on its holdings, QQQ is a Moderate Buy. The Street’s average price target of $736.39 for the QQQ ETF implies an upside potential of about 19%.
Currently, QQQ’s five holdings with the highest upside potential are:
Meanwhile, its top holdings with the greatest downside potential are:
Revealingly, QQQ ETF’s Smart Score is eight, implying that this ETF is expected to outperform the broader market over the long term.
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