(QQQ) Invesco QQQ Trust - Ratings and Ratios
Exchange: NASDAQ • 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 under the ticker QQQ, is an exchange-traded fund (ETF) designed to track the performance of the NASDAQ-100 Index. This index comprises the 100 largest and most actively traded non-financial stocks listed on the NASDAQ, providing a benchmark for the performance of the technology and growth sectors. To maintain alignment with the NASDAQ-100 Index, the fund's adviser periodically adjusts the composition and weights of the securities within the trust to reflect changes in the index, ensuring that the fund's holdings closely mirror the index's components and their relative weights.
The adjustment process involves careful monitoring of the NASDAQ-100 Index and making necessary changes to the fund's portfolio to maintain its tracking objective. This includes adding or removing securities and adjusting their weights as needed to conform to the periodic changes in the index. The fund's portfolio is designed to be a representative sample of the NASDAQ-100 Index, allowing investors to gain exposure to a broad range of technology and growth stocks through a single investment. The Invesco QQQ Trust is categorized as a Large Growth ETF, reflecting its focus on large-cap companies with growth potential, and is domiciled in the United States with the ISIN US46090E1038.
As an ETF, the Invesco QQQ Trust offers investors the benefits of diversification, liquidity, and transparency, making it a popular choice for those seeking to invest in the technology and growth sectors. The fund's website, http://www.invesco.com/us, provides detailed information on the fund's investment objective, strategies, and performance, as well as other resources for investors. By tracking the NASDAQ-100 Index, the Invesco QQQ Trust provides investors with a convenient and efficient way to gain exposure to a segment of the market that has historically been a driver of innovation and growth.
Additional Sources for QQQ ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
QQQ ETF Overview
Market Cap in USD | 318,245m |
Category | Large Growth |
TER | 0.20% |
IPO / Inception | 1999-03-10 |
QQQ ETF Ratings
Growth 5y | 89.2% |
Fundamental | - |
Dividend | 55.1% |
Rel. Strength Industry | 203 |
Analysts | - |
Fair Price Momentum | 561.72 USD |
Fair Price DCF | - |
QQQ Dividends
Dividend Yield 12m | 0.54% |
Yield on Cost 5y | 1.35% |
Annual Growth 5y | 10.38% |
Payout Consistency | 90.8% |
QQQ Growth Ratios
Growth Correlation 3m | 69.8% |
Growth Correlation 12m | 91.2% |
Growth Correlation 5y | 77.2% |
CAGR 5y | 20.27% |
CAGR/Mean DD 5y | 2.18 |
Sharpe Ratio 12m | 1.14 |
Alpha | -2.57 |
Beta | 1.10 |
Volatility | 19.38% |
Current Volume | 33436.8k |
Average Volume 20d | 33573.6k |
As of January 23, 2025, the stock is trading at USD 531.51 with a total of 33,436,800 shares traded.
Over the past week, the price has changed by +2.87%, over one month by +1.65%, over three months by +7.34% and over the past year by +26.78%.
Yes. Based on ValueRay Analyses, Invesco QQQ Trust (NASDAQ:QQQ) is currently (January 2025) a good stock to buy. It has a ValueRay Growth Rating of 89.24 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 January 2025 is 561.72. This means that QQQ is currently overvalued and has a potential downside of 5.68%.
Invesco QQQ Trust has no consensus analysts rating.
According to ValueRays Forecast Model, QQQ Invesco QQQ Trust will be worth about 626.6 in January 2026. The stock is currently trading at 531.51. This means that the stock has a potential upside of +17.89%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 626.6 | 17.9% |