QNDX - ETF AI Analysis
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State Street SPDR Portfolio Nasdaq 100 ETF (QNDX)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Leading Tech Holdings
Several of the largest technology positions, such as Nvidia, Apple, Amazon, and Alphabet, have shown strong year-to-date performance, helping drive the ETF’s overall returns.
Low Expense Ratio
The fund’s low ongoing fee means less of your investment is eaten up by costs, allowing more of the returns to stay in your pocket.
Focused Growth Exposure
By tracking Nasdaq 100 companies with heavy weights in technology and consumer-related sectors, the ETF offers concentrated exposure to businesses that have been strong drivers of market growth.
Negative Factors
High Concentration in a Few Stocks
A small group of large holdings like Nvidia, Apple, Microsoft, and Amazon make up a big share of the portfolio, increasing the impact that any one company’s weakness can have on the fund.
Heavy Tilt Toward Technology
With about half of the fund in the technology sector, the ETF is sensitive to downturns in tech stocks and less balanced across other industries.
Single-Country Focus
The ETF is almost entirely invested in U.S. companies, offering very limited geographic diversification and leaving investors more exposed to U.S.-specific market and economic risks.
QNDX vs. SPDR S&P 500 ETF (SPY)
AUM436.43M
RegionNorth America
Expense Ratio0.10%
Beta1.51
IssuerState Street
Inception DateJun 23, 2026
Dividend Yield0.11%
Asset ClassEquity
Index TrackedNASDAQ 100 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume445,066
30 Day Avg. Volume528,178
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
30.52Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering101
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QNDX Summary
QNDX is an ETF that follows the NASDAQ 100 Index, focusing on the 100 largest non‑financial companies listed in the U.S. It is heavily tilted toward technology and consumer brands, with major holdings like Apple, Microsoft, Nvidia, Amazon, and Tesla. Investors might consider QNDX if they want simple, one‑click access to many leading growth companies instead of picking individual stocks, which can help with diversification within large U.S. companies. However, because it is strongly focused on big tech and other growth names, its price can move up and down more sharply than the overall market.
How much will it cost me?QNDX has an expense ratio of 0.10%, which means you’ll pay about $1 per year for every $1,000 invested. This cost is lower than the average stock ETF because QNDX is passively managed and simply tracks the Nasdaq 100 Index instead of paying managers to pick individual stocks.
What would affect this ETF?QNDX could benefit if the U.S. economy stays resilient, demand for technology and artificial intelligence keeps growing, and large companies like Nvidia, Apple, Microsoft, and Amazon continue to gain value, since the fund is heavily focused on U.S. tech and consumer giants. On the downside, it could be hurt by rising interest rates, a slowdown in tech spending, stricter regulations on big internet and social media firms, or a broad pullback in high‑growth U.S. stocks, which would hit its concentrated holdings especially hard.
QNDX Top 10 Holdings
QNDX is powered by a tight cluster of U.S. mega-cap tech names, with Nvidia, AMD, and Micron acting as the fund’s turbochargers thanks to their rising, AI-fueled momentum. Apple and Microsoft are steady anchors, helping keep the ride relatively smooth despite their rich valuations. Alphabet and Meta add more digital advertising and cloud exposure, with performance that’s generally firm but not explosive. The main drag comes from Tesla, which has been losing steam and slightly holding back returns. Overall, this ETF is a tech-heavy, growth-focused bet on America’s biggest innovators.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.19% | $34.96M | $5.42T | 25.85% | 76 Outperform | |
| Apple | 7.42% | $31.67M | $4.98T | 33.00% | 79 Outperform | |
| Microsoft | 5.60% | $23.88M | $3.83T | -1.04% | 79 Outperform | |
| Micron | 5.10% | $21.76M | $1.22T | 543.06% | 79 Outperform | |
| Advanced Micro Devices | 4.29% | $18.32M | $1.03T | 276.72% | 73 Outperform | |
| Amazon | 4.07% | $17.37M | $2.69T | 10.79% | 71 Outperform | |
| Meta Platforms | 3.50% | $14.93M | $1.91T | -3.74% | 76 Outperform | |
| Alphabet Class A | 3.04% | $12.97M | $4.19T | 40.44% | 85 Outperform | |
| Tesla | 3.01% | $12.82M | $1.47T | -19.35% | 73 Outperform | |
| Alphabet Class C | 2.84% | $12.10M | $4.19T | 38.80% | 82 Outperform |
QNDX Technical Analysis
Positive
―
Price Trends
24.17
Positive
Market Momentum
0.25
Negative
59.66
Neutral
79.48
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QNDX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 24.47, equal to the 50-day MA of 24.17, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 0.25 indicates Negative momentum. The RSI at 59.66 is Neutral, neither overbought nor oversold. The STOCH value of 79.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QNDX.
QNDX Peer Comparison
Comparison Results
Performance Comparison
QNDX
State Street SPDR Portfolio Nasdaq 100 ETF
25.00
0.82
3.39%
QQQ
Invesco QQQ Trust
―
―
―
QQQM
Invesco NASDAQ 100 ETF
―
―
―
FTQI
First Trust Hedged BuyWrite Income ETF
―
―
―
CVLC
Calvert US Large-Cap Core Responsible Index ETF
―
―
―
IQQ
iShares Nasdaq 100 ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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