QQQM 📈 Invesco NASDAQ 100 - Overview
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US46138G6492 • Large Growth
QQQM: Technology, Software, Internet, Retail, Finance, Healthcare
The Invesco NASDAQ 100 ETF, traded under the ticker QQQM, is designed to track the performance of the Nasdaq-100 Index, which is comprised of the 100 largest non-financial companies listed on The Nasdaq Stock Market LLC, selected based on market capitalization. This ETF typically allocates at least 90% of its total assets to the securities that make up the underlying index, providing investors with exposure to a portfolio of large growth companies. The index is calculated, maintained, and compiled by Nasdaq, Inc., adhering strictly to its guidelines and procedures.
As a non-diversified fund, the Invesco NASDAQ 100 ETF concentrates its investments in a specific segment of the market, focusing on large growth companies that are leaders in their respective industries. The fund's composition includes both domestic and international companies, offering a broad spectrum of investment opportunities. With an ISIN of US46138G6492, this ETF is categorized as a large growth investment, providing a targeted approach for investors seeking to capitalize on the growth potential of large-cap companies. The ETF structure allows for flexibility and transparency, making it an attractive option for investors looking to gain exposure to the Nasdaq-100 Index.
The Nasdaq-100 Index, which the Invesco NASDAQ 100 ETF tracks, is a market-capitalization-weighted index, meaning that the largest companies in the index have a greater impact on its performance. This index is widely followed and is often considered a benchmark for the performance of large growth companies. By investing in the Invesco NASDAQ 100 ETF, investors can gain exposure to a diversified portfolio of large growth companies, including well-known technology and consumer discretionary companies, without having to purchase each security individually. This can provide a convenient and cost-effective way to invest in the growth potential of the Nasdaq-100 Index.
Additional Sources for QQQM ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
QQQM ETF Overview
Market Cap in USD | 38,801m |
Category | Large Growth |
TER | 0.15% |
IPO / Inception | 2020-10-13 |
QQQM ETF Ratings
Growth 5y | 69.5% |
Fundamental | - |
Dividend | 58.2% |
Rel. Strength Industry | 0.43 |
Analysts | - |
Fair Price Momentum | 213.04 USD |
Fair Price DCF | - |
QQQM Dividends
Dividend Yield 12m | 0.45% |
Yield on Cost 5y | 0.82% |
Annual Growth 5y | 51.91% |
Payout Consistency | 100.0% |
QQQM Growth Ratios
Growth Correlation 3m | 89.6% |
Growth Correlation 12m | 91.6% |
Growth Correlation 5y | 63.1% |
CAGR 5y | 15.17% |
CAGR/Mean DD 5y | 1.55 |
Sharpe Ratio 12m | 1.22 |
Alpha | -2.93 |
Beta | 1.22 |
Volatility | 24.99% |
Current Volume | 3042.6k |
Average Volume 20d | 1692.6k |
As of December 22, 2024, the stock is trading at USD 213.54 with a total of 3,042,634 shares traded.
Over the past week, the price has changed by -2.36%, over one month by +2.13%, over three months by +6.53% and over the past year by +26.39%.
Yes. Based on ValueRay Analyses, Invesco NASDAQ 100 (NASDAQ:QQQM) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 69.48 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of QQQM as of December 2024 is 213.04. This means that QQQM is currently overvalued and has a potential downside of -0.23%.
Invesco NASDAQ 100 has no consensus analysts rating.
According to ValueRays Forecast Model, QQQM Invesco NASDAQ 100 will be worth about 238.5 in December 2025. The stock is currently trading at 213.54. This means that the stock has a potential upside of +11.7%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 238.5 | 11.7% |