QQQ 📈 Invesco QQQ Trust - Overview
Exchange: NASDAQ • Opening Hours • Country: USA • Currency: USD • Type: Etf • ISIN: US46090E1038 • Large Growth
QQQ: Technology, Internet, Software, Consumer, Healthcare, Finance
The Invesco QQQ Trust, listed on the NASDAQ stock exchange under the ticker symbol QQQ, is an exchange-traded fund (ETF) designed to track the performance of the NASDAQ-100 Index. This index is made up of the 100 largest and most actively traded non-financial stocks listed on the NASDAQ stock exchange.
To ensure that the trust's holdings remain aligned with the index, the adviser regularly reviews and adjusts the securities in the trust to reflect changes in the index. This includes updating the composition and weights of the securities to match the periodic changes in the identity and relative importance of the stocks in the NASDAQ-100 Index.
When a portfolio deposit is made, the composition and weighting of the securities are also adjusted to conform to the changes in the index. This ongoing process helps maintain the trust's objective of tracking the performance of the NASDAQ-100 Index as closely as possible.
The Invesco QQQ Trust is a US-based investment vehicle, and more information about the trust can be found on the Invesco website at http://www.invesco.com/us.
Additional Sources for QQQ ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
QQQ ETF Overview
| Market Cap in USD | 310,271m |
| Category | Large Growth |
| TER | 0.20% |
| IPO / Inception | 1999-03-10 |
QQQ ETF Ratings
| Growth 5y | 89.1 |
| Fundamental | - |
| Dividend | 47.8 |
| Rel. Performance vs Sector | 1.56 |
| Analysts | - |
| Fair Price Momentum | 535.36 USD |
| Fair Price DCF | - |
QQQ Dividends
| Dividend Yield 12m | 0.60% |
| Yield on Cost 5y | 1.54% |
| Dividends CAGR 5y | 9.90% |
| Payout Consistency | 90.35% |
QQQ Growth Ratios
| Growth Correlation 3m | 89.4% |
| Growth Correlation 12m | 91.6% |
| Growth Correlation 5y | 77.2% |
| CAGR 5y | 20.53% |
| CAGR/Mean DD 5y | 2.22 |
| Sharpe Ratio 12m | 1.34 |
| Alpha vs SP500 12m | -4.24 |
| Beta vs SP500 5y weekly | 1.10 |
| Volatility GJR Garch 1y | 21.26% |
| Current Volume | 27703.6k |
| Average Volume 20d | 29728.6k |
As of November 21, 2024, the stock is trading at USD 503.17 with a total of 27,703,628 shares traded.
Over the past week, the price has changed by -1.77%, over one month by +1.56%, over three months by +4.92% and over the past year by +29.66%.
Yes. Based on ValueRay Analyses, Invesco QQQ Trust (NASDAQ:QQQ) is currently (November 2024) a good stock to buy. It has a ValueRay Growth Rating of 89.07 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of QQQ as of November 2024 is 535.36. This means that QQQ is currently overvalued and has a potential downside of 6.4%.
Invesco QQQ Trust has no consensus analysts rating.
According to ValueRays Forecast Model, QQQ Invesco QQQ Trust will be worth about 597.1 in November 2025. The stock is currently trading at 503.17. This means that the stock has a potential upside of +18.68%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 597.1 | 18.7% |