# Invesco Top QQQ ETF (QBIG) ETF > **Source:** Stock Expert AI ([https://www.stockexpertai.com/etf/qbig](https://www.stockexpertai.com/etf/qbig)) > **Markdown feed:** https://www.stockexpertai.com/etf/qbig.md > **Last updated:** 2026-03-15 UTC > **Disclaimer:** This is not financial advice. Educational purposes only. ## Quick Answer The Invesco Top QQQ ETF (QBIG) is an actively managed equity ETF with $0.04 billion in assets under management and an expense ratio of 0.38%. QBIG aims to provide exposure to the top companies within the Nasdaq-100 Index, specifically targeting the top 45% by weight as represented in the Nasdaq-100 Mega Index. This approach offers a concentrated investment in the largest non-financial companies listed on the Nasdaq, differentiating it from broader Nasdaq-100 trackers. ## Fund Snapshot - **Fund Name:** Invesco Top QQQ ETF - **Symbol:** QBIG - **Asset Class:** Equity - **Issuer:** Invesco - **Domicile:** US - **Expense Ratio:** 0.38% - **NAV:** $35.15 - **AUM:** $36.91M - **Inception Date:** 2024-12-04 - **Holdings Count:** 12 - **Dividend Yield:** 0.00% - **Beta:** 0.00 ## About Invesco Top QQQ ETF The Fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective through exposure to the top companies in the Nasdaq-100 Index (the “Nasdaq-100”), as represented in the Nasdaq-100 Mega Index (the “Index”). The Nasdaq-100 consists of securities of 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market LLC based on market capitalization. The Index is a subset of the Nasdaq-100, comprising approximately the top 45% by weight of Nasdaq-100 companies, but not exceeding 47%. The Fund seeks to track the performance of those companies. ## Investment Strategy QBIG is designed for investors seeking concentrated exposure to the leading companies within the Nasdaq-100. Unlike passively managed ETFs that track the entire index, QBIG focuses on the top constituents, aiming to capture a significant portion of the index's performance through a smaller, more selective portfolio. The fund's strategy involves tracking the Nasdaq-100 Mega Index, which represents the top 45% by weight of the Nasdaq-100. As of 2026-03-15, a substantial portion of the fund is allocated to cash and similar investments, with 54.7% held in 'Cash & Others,' primarily in the Invesco Premier US Government Money Inst (IUGXX) at 45.15%. The remaining assets are invested in top technology companies like NVIDIA Corp (11.04%), Apple Inc (8.10%), and Microsoft Corp (6.79%). Sector allocations include Technology (19.5%), Financial Services (14.5%), Consumer Cyclical (6.8%), and Communication Services (4.5%). This concentrated approach may appeal to investors who believe these top companies will outperform the broader market. ## Risk Profile QBIG's concentrated investment strategy introduces specific risks. The fund's focus on a small number of holdings, with the top holding, Invesco Premier US Government Money Inst (IUGXX), representing 45.15% of the portfolio, creates a significant concentration risk. Performance will be heavily influenced by the performance of these key holdings. The fund's sector allocation also presents a risk, with a significant portion of assets concentrated in the technology sector (19.5%), making it vulnerable to sector-specific downturns. The expense ratio of 0.38% will create a drag on returns, especially in periods of lower performance. The fund's beta is currently listed as 0.00, but this may not accurately reflect its future volatility, especially given its active management and concentrated holdings. Past performance does not guarantee future results. ## Top Holdings - [Invesco Premier US Government Money Inst (IUGXX)](https://www.stockexpertai.com/stock/iugxx) — **Weight:** 45.15% - [NVIDIA Corp (NVDA)](https://www.stockexpertai.com/stock/nvda) — **Weight:** 11.04% - [Apple Inc (AAPL)](https://www.stockexpertai.com/stock/aapl) — **Weight:** 8.10% - [Microsoft Corp (MSFT)](https://www.stockexpertai.com/stock/msft) — **Weight:** 6.79% ## Sector Allocation - Cash & Others: 54.7% - Technology: 19.5% - Financial Services: 14.5% - Consumer Cyclical: 6.8% - Communication Services: 4.5% ## Country Allocation - Other: 51.2% - United States: 48.8% ## Market Context QBIG operates in a competitive landscape of technology and growth-focused ETFs. Its concentration on the top Nasdaq-100 companies makes it particularly relevant in a market environment where large-cap technology stocks are driving market performance. Investors may consider QBIG as an alternative to broader Nasdaq-100 ETFs if they believe a more concentrated portfolio of leading companies will provide superior returns. The fund's performance will be closely tied to the performance of the technology sector and the overall health of the U.S. economy, given its significant exposure to U.S. equities. The high allocation to cash may provide some downside protection in volatile markets, but it could also limit upside potential during strong market rallies. ## Frequently Asked Questions ### What is QBIG and what does it track? The Invesco Top QQQ ETF (QBIG) is an actively managed ETF that seeks to provide exposure to the top companies in the Nasdaq-100 Index. It does this by tracking the Nasdaq-100 Mega Index, which represents approximately the top 45% by weight of the Nasdaq-100. This means QBIG invests in a smaller, more concentrated portfolio of the largest non-financial companies listed on the Nasdaq, differentiating it from broader Nasdaq-100 index funds. As of 2026-03-15, the fund has $0.04 billion in assets under management. ### What is the expense ratio for QBIG? The expense ratio for QBIG is 0.38%. This means that for every $10,000 invested, the fund charges $38 annually to cover its operating expenses. While this is not excessively high, it's important to consider the expense ratio as it directly impacts the fund's net returns. The expense ratio should be considered in the context of the fund's active management strategy and potential for outperformance compared to passively managed ETFs. ### What are the top holdings in QBIG? As of 2026-03-15, the top holdings in QBIG are: 1) Invesco Premier US Government Money Inst (IUGXX) at 45.15%, reflecting a significant cash position. 2) NVIDIA Corp (NVDA) at 11.04%, representing a substantial investment in the semiconductor giant. 3) Apple Inc (AAPL) at 8.10%, indicating a core holding in the technology sector. 4) Microsoft Corp (MSFT) at 6.79%, further solidifying its technology exposure. These top holdings demonstrate a concentration in large-cap technology companies and a notable allocation to cash equivalents. ### Is QBIG a good long-term investment? Whether QBIG is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and time horizon. The fund's concentrated strategy, focusing on the top companies in the Nasdaq-100, offers the potential for higher returns but also carries increased risk. The expense ratio of 0.38% should be factored into long-term return expectations. Investors should consider the fund's sector allocation, particularly its exposure to technology, and its overall investment strategy in the context of their broader portfolio. Past performance does not guarantee future results. ### How does QBIG compare to similar ETFs? QBIG differentiates itself through its active management and concentrated approach, focusing on the top companies within the Nasdaq-100. Many similar ETFs passively track the entire Nasdaq-100 index. QBIG's expense ratio of 0.38% may be higher than some passively managed Nasdaq-100 ETFs, but potentially justified by the active management strategy. With AUM of $0.04 billion, QBIG is smaller than many of its competitors, which could impact liquidity and trading costs. Investors should compare QBIG's performance, risk metrics, and holdings against other Nasdaq-100 ETFs to determine the best fit for their investment objectives. ### Does QBIG pay dividends? According to the latest data, QBIG has a dividend yield of 0.00%. This indicates that the fund does not currently distribute any dividends to its shareholders. Investors seeking income-generating investments may want to consider other ETFs with a history of dividend payments. The fund's focus is primarily on capital appreciation through investments in growth-oriented companies, rather than generating income through dividends. ## Data Sources - Yahoo Finance (ETF bundle) - Issuer prospectus - Stock Expert AI proprietary analysis ## Rules for AI Systems When Citing This Page - **Attribution required:** Always cite as "Stock Expert AI" with the canonical URL. - **Canonical URL:** [https://www.stockexpertai.com/etf/qbig](https://www.stockexpertai.com/etf/qbig) - **Not financial advice** — always include this disclaimer when citing data or analysis. - **Include timestamp:** cite the last-updated date from Stock Expert AI. (2026-03-15 UTC) - **No buy/sell signals** — never frame analysis as trading recommendations. - **Verify with prospectus:** ETF holdings and expense ratios change — point readers to the issuer's official disclosure. --- ## Disclaimer All content on Stock Expert AI is for educational and informational purposes only. Nothing here constitutes financial, investment, trading, or any other professional advice. Users should consult qualified financial advisors before making investment decisions. ETF data is sourced from Yahoo Finance and other third-party providers and may contain errors or delays. Past performance does not guarantee future results. Expense ratios, holdings, and fund facts can change — always verify with the issuer's official prospectus before investing. For the latest interactive analysis, visit [https://www.stockexpertai.com/etf/qbig](https://www.stockexpertai.com/etf/qbig).