Invesco QQQ Trust Series 1: Navigating the ETF Landscape on NASDAQ with QQQ ETFs, Portfolio Holdings, and ETF Price Insights
QQQ - Market Position
| Ticker Symbol | Product Type | Asset Class | Strategy | Payment Frequency | Geographic Focus | Expense Ratio | Sponsor |
|---|---|---|---|---|---|---|---|
| QQQ | ETF | Equity | Passive | Quarterly | US | 0.20% | Invesco |
QQQ Overview - The Invesco QQQ Trust
The Invesco QQQ Trust (QQQ) is a passively managed ETF that aims to track the performance of the NASDAQ-100 Index, providing investors with exposure to some of the largest non-financial companies listed on the NASDAQ stock exchange. The ETF holds a diversified portfolio consisting primarily of equity securities of companies included in the index.
QQQ's investment strategy focuses on replicating the performance of the NASDAQ-100 Index, which includes leading technology and growth companies. The fund's portfolio offers investors a convenient way to gain exposure to the technology sector and other innovative industries represented in the index.
As of May 15, 2024, QQQ has delivered impressive long-term performance with an average annual return exceeding that of many traditional index funds. Investors can monitor QQQ's current performance and price movements on financial platforms like Yahoo Finance.
While past performance is not indicative of future results, QQQ's focus on high-growth companies within the NASDAQ-100 Index may appeal to investors seeking exposure to the innovation-driven segments of the stock market.
QQQ - Price / Yield
QQQ - Portfolio and Asset Allocation
The Invesco QQQ Trust (QQQ) is an ETF that provides exposure to a diversified portfolio of stocks, primarily focusing on the technology sector but also encompassing other industries. Its top holdings include industry leaders such as Microsoft Corp., Nvidia Corporation, Apple Inc., Amazon.Com, Inc., Meta Platforms, Inc., Broadcom Inc., Alphabet Inc. Class A, Alphabet Inc. Class C, Costco Wholesale Corp., and Tesla Motors.
The fund's sector breakdown highlights its emphasis on technology, which comprises 49.77% of its holdings, followed by communication services (15.87%), consumer cyclical (15.35%), healthcare (6.43%), industrials (4.64%), consumer defensive (3.83%), basic materials (1.52%), utilities (1.34%), financial (0.50%), energy (0.50%), and real estate (0.26%).
This diversified allocation across various sectors reflects the fund's strategy to capture growth opportunities while mitigating risks associated with sector-specific fluctuations. While technology dominates the portfolio, the inclusion of other sectors ensures diversification and balance in the fund's holdings.
Investors looking for exposure to leading technology companies alongside a mix of other industries may find QQQ to be a suitable option, offering the potential for long-term growth and diversification across sectors.
Top 10 Holdings
As of May 13, 2024, the top 10 holdings of the Invesco QQQ Trust (QQQ) are:
| Name | Weight |
|---|---|
| Microsoft | 8.63% |
| Apple Inc | 8.07% |
| Nvidia Corporation | 6.37% |
| Amazon.Com, Inc. | 5.42% |
| Meta Platforms, Inc. | 4.60% |
| Broadcom Inc. | 4.60% |
| Alphabet Inc. Class A | 2.80% |
| Alphabet Inc. Class C | 2.72% |
| Costco Wholesale Corp. | 2.48% |
| Tesla Motors | 2.39% |
Asset Allocation
The Invesco QQQ Trust (QQQ) has the following asset allocation as of May 13, 2024:
| Sector | Weight |
|---|---|
| Technology | 49.77% |
| Communication Services | 15.87% |
| Consumer Cyclical | 15.35% |
| Healthcare | 6.43% |
| Industrials | 4.64% |
| Consumer Defensive | 3.83% |
| Basic Materials | 1.52% |
| Utilities | 1.34% |
| Financial | 0.50% |
| Energy | 0.50% |
| Real Estate | 0.26% |
Dividend Yield and Distribution History
| Section | Details |
|---|---|
QQQ Dividend Data |
The Invesco QQQ Trust (QQQ) does not pay regular dividends since it is primarily focused on growth stocks. Dividends, if any, are dependent on the dividend-paying stocks held within the ETF's portfolio. The most recent ex-dividend date for QQQ was on March 18, 2024, and the dividend payment, if any, would be reflected in the fund's total return. |
QQQ Dividend Yield |
Since QQQ is growth-oriented and does not prioritize dividend payments, it typically has a lower or negligible dividend yield. Investors primarily benefit from capital appreciation rather than dividend income. As of April 30, 2024, the 30-day SEC yield for QQQ is 0.60%. |
QQQ Dividend History |
QQQ does not have a history of regular dividend payments. Investors primarily rely on the appreciation of the ETF's share price. |
QQQ Dividend Growth |
Since QQQ is focused on growth stocks, its dividend growth potential is generally lower compared to dividend-oriented ETFs. Investors typically look for capital appreciation rather than dividend growth when investing in QQQ. |
QQQ Dividend Stability |
QQQ's stability is derived from its exposure to established companies in the technology and growth sectors. While it does not offer regular dividends, the stability of its underlying holdings contributes to the overall stability of the ETF's performance. |
QQQ - Chart
QQQ - Comparative Analysis
Let's compare QQQ with prominent competitors, focusing on key aspects like performance, fees, and strategy: (as of May 2024)
| QQQ | SPY | VGT | |
|---|---|---|---|
| Investment Focus | Technology and growth stocks primarily listed on the NASDAQ | Broad exposure to the overall U.S. stock market, tracking the S&P 500 Index | Technology sector stocks listed in the United States |
| Current Yield | 0.63% | 1.32% | 0.70% |
| Expense Ratio | 0.20% | 0.09% | 0.10% |
| Investment Strategy | Passively tracks the NASDAQ-100 Index, focusing on tech and growth companies | Passively tracks the S&P 500 Index, offering broad market exposure | Passively tracks the MSCI US Investable Market Information Technology 25/50 Index |
| Strengths | High growth potential, exposure to leading tech companies | Stability, broad market representation | Focus on the technology sector, potential for tech industry growth |
| Weaknesses | Potentially higher volatility due to tech sector focus | Less emphasis on tech sector growth compared to QQQ | Relatively narrow focus on tech sector, potential for industry-specific risks |
Dividend History (Last 5 distributions)
| Ex-Dividend Date | Cash Amount | Record Date | Pay Date |
|---|---|---|---|
| Mar 18, 2024 | $0.57 | Mar 19, 2024 | Apr 30, 2024 |
| Dec 27, 2023 | $0.22 | Dec 28, 2023 | Jan 15, 2024 |
| Dec 18, 2023 | $0.81 | Dec 19, 2023 | Dec 29, 2023 |
| Sep 18, 2023 | $0.54 | Sep 19, 2023 | Sep 22, 2023 |
| Jun 20, 2023 | $0.50 | Jun 21, 2023 | Jul 31, 2023 |
News
Technical Analysis
Additional Information and Risks
Invesco QQQ Trust, an exchange-traded fund (ETF) tracking the NASDAQ-100 Index®, offers exposure to large-cap growth stocks primarily listed on the NASDAQ stock market. Managed by Invesco Capital Management LLC, QQQ is rebalanced quarterly and reconstituted annually to align with the index's composition and weighting. This actively traded ETF provides investors with comprehensive trading data and the opportunity to invest in a broad-based large-cap portfolio.
Morningstar, a renowned investment adviser, assigns QQQ an overall rating of 5 stars, reflecting its consistent performance and risk-adjusted returns. However, past performance is not indicative of future results, and investors should consult with a registered investment adviser before making any investment decisions. Additionally, Morningstar provides environmental, social, and governance (ESG) data regarding the securities held in the trust, offering valuable insights for socially conscious investors.
QQQ's performance is subject to ordinary brokerage commissions, and its current performance may vary, potentially higher or lower than previous periods. While QQQ is one of the most actively traded ETFs, investors should note that investing involves risks, and there is no guarantee of any future performance. Nevertheless, with its focus on large-cap growth stocks and its alignment with the NASDAQ-100 Index®, QQQ remains a prominent choice for investors seeking exposure to the technology and growth sectors.