QQQA - ETF AI Analysis
Top Page
ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, showing that its momentum-focused approach has recently worked well.
Top Holdings with Strong Momentum
Many of the largest positions, especially in technology and cybersecurity, have shown strong price gains, helping drive the fund’s overall returns.
Sector Diversification Within Growth Areas
The fund spreads its investments across several growth-oriented sectors like technology, communication services, consumer stocks, and industrials, reducing reliance on any single industry.
Negative Factors
High Technology Concentration
More than half of the portfolio is in technology stocks, which can make the ETF more sensitive to swings in the tech sector.
Recent Short-Term Weakness
The ETF has shown weak performance over the past month, including a notable lagging move in a top holding like DoorDash, which may signal short-term volatility.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, meaning a larger share of returns goes toward fees instead of staying in investors’ pockets.
QQQA vs. SPDR S&P 500 ETF (SPY)
AUM50.04M
RegionNorth America
Expense Ratio0.58%
Beta1.44
IssuerProShares
Inception DateMay 18, 2021
Dividend Yield0.03%
Asset ClassEquity
Index TrackedNASDAQ-100 Dorsey Wright Momentum Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume13,254
30 Day Avg. Volume22,809
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
87.67Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering21
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
QQQA Summary
QQQA is an exchange-traded fund (ETF) that follows the Nasdaq-100 Dorsey Wright Momentum Index, which picks large U.S. companies whose stock prices have been rising strongly. It mainly holds big tech and growth names, including well-known companies like AMD and ASML, along with other leading technology, industrial, and consumer firms. Someone might invest in QQQA if they want growth potential from fast-rising stocks while still spreading money across many companies. A key risk is that momentum stocks can fall quickly when trends reverse, so the ETF’s price can move up and down more than the overall market.
How much will it cost me?The expense ratio for QQQA is 0.58%, meaning you’ll pay $5.80 per year for every $1,000 invested. This is higher than average because QQQA is actively managed, focusing on a momentum strategy that requires more frequent adjustments compared to passively managed ETFs.
What would affect this ETF?The QQQA ETF, which focuses on large-cap U.S. companies with a strong momentum strategy, could benefit from continued growth in the technology and consumer cyclical sectors, especially if innovation and consumer demand remain strong. However, it may face challenges from rising interest rates, which can negatively impact growth-oriented stocks, and regulatory changes in the tech and communication services industries. Its heavy reliance on U.S. markets also makes it sensitive to domestic economic conditions.
QQQA Top 10 Holdings
QQQA is leaning hard into U.S. tech momentum, with cybersecurity names like CrowdStrike and Palo Alto Networks doing much of the heavy lifting as their shares keep rising. AMD and Intel add a strong semiconductor tilt, with AMD surging ahead while Intel’s performance has been more mixed, occasionally losing steam. Datadog is another bright spot, riding steady demand for cloud and AI tools. On the softer side, Alphabet has been more of a quiet passenger than a performance engine lately. Overall, the fund is firmly anchored in large-cap U.S. tech and growth stories.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| CrowdStrike Holdings | 6.82% | $3.40M | $255.26B | 102.87% | 67 Neutral | |
| Fortinet | 6.02% | $3.01M | $135.04B | 118.80% | 71 Outperform | |
| Palo Alto Networks | 5.92% | $2.95M | $306.78B | 80.17% | 73 Outperform | |
| Ross Stores | 5.50% | $2.74M | $73.66B | 51.30% | 80 Outperform | |
| Datadog | 5.39% | $2.69M | $96.71B | 76.13% | 69 Neutral | |
| Advanced Micro Devices | 5.26% | $2.62M | $931.85B | 139.70% | 73 Outperform | |
| DoorDash | 5.25% | $2.62M | $79.74B | -27.61% | 76 Outperform | |
| CSX | 5.14% | $2.57M | $89.44B | 35.29% | 78 Outperform | |
| Alphabet Class A | 5.10% | $2.55M | $4.23T | 38.88% | 85 Outperform | |
| Monster Beverage | 4.86% | $2.42M | $86.63B | 29.25% | 80 Outperform |
QQQA Technical Analysis
Negative
―
Price Trends
70.62
Negative
73.78
Negative
65.54
Positive
Market Momentum
-0.54
Positive
27.83
Positive
7.69
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For QQQA, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 71.44, equal to the 50-day MA of 70.62, and equal to the 200-day MA of 65.54, indicating a neutral trend. The MACD of -0.54 indicates Positive momentum. The RSI at 27.83 is Positive, neither overbought nor oversold. The STOCH value of 7.69 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QQQA.
QQQA Peer Comparison
Comparison Results
Performance Comparison
QQQA
ProShares Nasdaq-100 Dorsey Wright Momentum ETF
65.57
17.50
36.41%
PRMR
PeakShares RMR Prime Equity ETF
―
―
―
FCUS
Pinnacle Focused Opportunities ETF
―
―
―
SPXE
ProShares S&P 500 Ex-Energy ETF
―
―
―
EGGQ
NestYield Visionary ETF
―
―
―
QARP
Xtrackers Russell 1000 US Quality at a Reasonable Price 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: ―
Table of Contents