QQMG - ETF AI Analysis
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Invesco ESG NASDAQ 100 ETF (QQMG)
Rating:75Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered solid gains so far this year and over the past month, showing positive recent momentum.
Leading Growth Companies in Top Holdings
Several major positions like Nvidia, Amazon, Broadcom, Walmart, AMD, and Alphabet have shown strong year-to-date performance, helping drive the fund’s returns.
Reasonable Expense Ratio
The fund’s expense ratio is relatively low for a specialized ESG, Nasdaq-focused ETF, which helps investors keep more of their returns over time.
Negative Factors
Heavy Concentration in a Few Stocks
A significant portion of the portfolio is tied up in a small number of large holdings, which increases the impact if any of these companies struggle.
Tech Sector Dominance
With the majority of assets in technology and related sectors, the ETF is highly sensitive to swings in the tech industry rather than being broadly diversified across the market.
Underperforming Mega-Cap Holdings
Some large positions such as Apple, Microsoft, and Tesla have shown weak year-to-date performance, which can drag on overall fund results if the trend continues.
QQMG vs. SPDR S&P 500 ETF (SPY)
AUM205.83M
RegionNorth America
Expense Ratio0.20%
Beta1.29
IssuerInvesco
Inception DateOct 27, 2021
Dividend Yield0.36%
Asset ClassEquity
Index TrackedNASDAQ-100 ESG Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume35,330
30 Day Avg. Volume23,153
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
60.70Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering90
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QQMG Summary
QQMG is an ETF that follows the NASDAQ-100 ESG Index, focusing on large U.S. companies that also meet certain environmental, social, and governance (ESG) standards. It holds many well-known names like Apple, Nvidia, Microsoft, and Amazon, with a heavy tilt toward technology and communication services. Someone might invest in QQMG to seek long-term growth from leading tech-driven companies while trying to align their money with sustainability values. A key risk is that the fund is heavily concentrated in tech-related stocks, so its price can rise and fall sharply with the tech sector and overall market.
How much will it cost me?The Invesco ESG NASDAQ 100 ETF (QQMG) has an expense ratio of 0.2%, which means you’ll pay $2 per year for every $1,000 invested. This is lower than average for actively managed funds because it tracks an index, making it more cost-efficient while still focusing on ESG principles.
What would affect this ETF?The QQMG ETF, heavily focused on technology and large-cap U.S. companies, could benefit from continued innovation and growth in the tech sector, as well as increasing demand for ESG-focused investments. However, it may face challenges from rising interest rates, which can negatively impact growth stocks, or regulatory changes targeting big tech companies. Broader economic conditions, such as a slowdown in consumer spending, could also affect some of its top holdings like Apple and Amazon.
QQMG Top 10 Holdings
QQMG is heavily powered by U.S. Big Tech and chipmakers, with Nvidia, Micron, AMD, and Intel forming a clear semiconductor spine that’s been doing much of the heavy lifting as they ride the AI wave. Micron and AMD are the standouts, rising strongly and giving the fund a solid boost, while Intel’s rebound adds extra fuel. On the flip side, Microsoft and Tesla have been losing steam, and Apple and Amazon look more mixed, occasionally tugging on returns. Overall, it’s a tech-first, U.S.-centric story with chips in the driver’s seat.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 9.33% | $19.63M | $4.71T | 22.22% | 76 Outperform | |
| Apple | 8.12% | $17.07M | $4.53T | 47.93% | 79 Outperform | |
| Microsoft | 5.27% | $11.09M | $2.90T | -22.12% | 79 Outperform | |
| Advanced Micro Devices | 5.05% | $10.62M | $844.36B | 274.48% | 73 Outperform | |
| Micron | 4.48% | $9.43M | $1.10T | 654.20% | 79 Outperform | |
| Amazon | 4.39% | $9.24M | $2.61T | 12.14% | 71 Outperform | |
| Tesla | 3.18% | $6.68M | $1.48T | 40.95% | 73 Outperform | |
| Alphabet Class A | 3.08% | $6.47M | $4.34T | 110.50% | 85 Outperform | |
| Alphabet Class C | 2.87% | $6.04M | $4.34T | 105.51% | 82 Outperform | |
| Cisco Systems | 2.65% | $5.57M | $444.16B | 62.98% | 77 Outperform |
QQMG Technical Analysis
Positive
―
Price Trends
49.47
Positive
45.56
Positive
43.87
Positive
Market Momentum
0.17
Positive
53.55
Neutral
51.12
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQMG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 50.09, equal to the 50-day MA of 49.47, and equal to the 200-day MA of 43.87, indicating a bullish trend. The MACD of 0.17 indicates Positive momentum. The RSI at 53.55 is Neutral, neither overbought nor oversold. The STOCH value of 51.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for QQMG.
QQMG Peer Comparison
Comparison Results
Performance Comparison
QQMG
Invesco ESG NASDAQ 100 ETF
50.41
12.55
33.15%
SPHB
Invesco S&P 500 High Beta ETF
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QLC
FlexShares US Quality Large Cap Index Fund
―
―
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DSPY
Tema S&P 500 Historical Weight ETF Strategy
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―
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FTQI
First Trust Hedged BuyWrite Income ETF
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―
―
OMAH
VistaShares Target 15 Berkshire Select Income ETF
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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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