QQQ ETF — Holdings & Analysis
Managed by Invesco, the Invesco QQQ Trust, Series 1 functions as an exchange-traded fund (ETF) that commenced operations on March 10, 1999. 0.18% expense ratio, $496.1B AUM, 103 holdings, inception 1999.
Invesco QQQ Trust, Series 1 (QQQ) ETF — Price, Holdings & Analysis
ETF Overview
Risk Metrics
Expense Ratio
What does QQQ hold?
| Holding | Weight |
|---|---|
| NVIDIA Corp (NVDA) | 8.51% |
| Apple Inc (AAPL) | 6.99% |
| Microsoft Corp (MSFT) | 5.76% |
| Micron Technology Inc (MU) | 4.61% |
| Amazon.com Inc (AMZN) | 4.45% |
| Advanced Micro Devices Inc (AMD) | 3.39% |
| Alphabet Inc (GOOGL) | 3.15% |
| Broadcom Inc (AVGO) | 3.09% |
| Alphabet Inc (GOOG) | 2.93% |
| Meta Platforms Inc (META) | 2.75% |
How Is the Fund Allocated?
| Sector | Weight |
|---|---|
| Technology | 59.4% |
| Communication Services | 12.3% |
| Consumer Cyclical | 10.7% |
| Consumer Defensive | 6.3% |
| Industrials | 4.3% |
| Healthcare | 3.9% |
| Utilities | 1.2% |
| Basic Materials | 1.0% |
| Energy | 0.5% |
| Financial Services | 0.2% |
| Cash & Others | 0.1% |
| Country | Weight |
|---|---|
| United States | 94.2% |
| United Kingdom | 1.7% |
| Singapore | 0.9% |
| Canada | 1.0% |
| Netherlands | 1.4% |
| Uruguay | 0.4% |
| Ireland | 0.2% |
| Other | 0.1% |
Dividend Yield
- State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
- State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
- State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
- iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
- State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
- iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
- iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio
- State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio
- Invesco S&P 500 QVM Multi-factor ETF (QVML) (Equity) — 0.11% expense ratio
- Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) (Equity) — 0.47% expense ratio
- Invesco ESG S&P 500 Equal Weight ETF (RSPE) (Equity) — 0.20% expense ratio
- Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) (Equity) — 0.39% expense ratio
- Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) (Equity) — 0.60% expense ratio
- Invesco Taxable Municipal Bond ETF (BAB) (Fixed Income) — 0.28% expense ratio
Risk Metrics
- Beta: 1.26
Questions & Answers
What is Invesco QQQ Trust, Series 1 (QQQ)?
Managed by Invesco, the Invesco QQQ Trust, Series 1 functions as an exchange-traded fund (ETF) that commenced operations on March 10, 1999. Its design specifically aims to replicate the overall financial performance, encompassing both capital appreci It holds 103 securities.
With $496.1B in assets under management, it is one of the larger funds in its category.
What is the expense ratio for QQQ?
Invesco QQQ Trust, Series 1 has an expense ratio of 0.18%, which is considered low for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $18.
Lower expense ratios generally lead to better long-term returns, all else being equal.
What are the top holdings in QQQ?
The three largest positions in Invesco QQQ Trust, Series 1 are NVIDIA Corp (NVDA, 8.5%), Apple Inc (AAPL, 7.0%), Microsoft Corp (MSFT, 5.8%). Together these top three holdings represent 21.3% of the fund, out of 103 total positions.
The fund is relatively diversified across its holdings.
What sectors does QQQ invest in?
Invesco QQQ Trust, Series 1 allocates across 11 sectors. The largest sector exposures are Technology (59.4%), Communication Services (12.3%), Consumer Cyclical (10.7%). The fund is heavily concentrated in Technology.
How long has QQQ been around?
Invesco QQQ Trust, Series 1 was launched in 1999, making it 27 years old. As one of the longer-running ETFs, it has an extensive performance track record through multiple market cycles. It is managed by Invesco.