Invesco QQQ
Invesco QQQ ETF offers exposure to one of the world’s most widely-followed equity benchmarks, NASDAQ. Since its inception in 1999, QQQ has become one of the most popular exchange-traded products providing investors big rewards during bull markets, potential for long-term growth, lots of liquidity, and low fees. This fund can be highly useful as a part of a buy-and-hold approach for investors looking to maintain a tilt towards the potentially volatile tech sector. It delivers exposure to companies that are at the forefront of transformative, long-term themes such as Augmented Reality, Cloud Computing, Big Data, Mobile Payments, Streaming Services, Electric Vehicles, and more.
Index QQQ ETF measures the average performance of a broadly diversified group of equity securities issued by 100 of the largest non-financial companies listed on The NASDAQ Stock Market, Inc.
QQQ stock holdings are dominated by big technology-related companies, such as Apple, Amazon, Google, and Facebook.
They include the information technology (IT), communications services, consumer discretionary, healthcare, consumer staples, industrials, and utility sectors.
On the downside, QQQ usually declines more in bear markets, has high sector risk, often appears overvalued, and holds no small-cap stocks.
The Fund and the Index are rebalanced quarterly and reconstituted annually.
QQQ ETF Sectors (As of Sept. 30,2020)
Information Technology 48.21%
Communications Services 19.14%
Consumer Discretionary 18.93%
Healthcare 6.67%
Consumer Staples 4.67%
Industrials 1.76%
Utilities 0.61%
QQQ ETF Top Holdings (As of Sept. 30,2020)