Invesco Qqq Trust Etf Profile
| QQQ Etf | USD 425.84 5.26 1.22% |
Performance1 of 100
| Odds Of DistressLess than 9
|
Invesco QQQ is selling at 425.84 as of the 18th of April 2024; that is -1.22 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 424.91. Invesco QQQ has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Invesco QQQ Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
To maintain the correspondence between the composition and weights of the securities in the trust and the stocks in the NASDAQ-100 Index, the adviser adjusts the securities from time to time to conform to periodic changes in the identity andor relative weights of index securities. More on Invesco QQQ Trust
Moving together with Invesco Etf
| 1.0 | VUG | Vanguard Growth Index | PairCorr |
| 1.0 | IWF | iShares Russell 1000 | PairCorr |
| 0.98 | IVW | iShares SP 500 | PairCorr |
| 0.98 | SPYG | SPDR Portfolio SP | PairCorr |
| 0.98 | IUSG | iShares Core SP | PairCorr |
| 1.0 | VONG | Vanguard Russell 1000 | PairCorr |
| 0.99 | MGK | Vanguard Mega Cap | PairCorr |
Moving against Invesco Etf
| 0.9 | BITI | ProShares Trust Buyout Trend | PairCorr |
Invesco Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Invesco QQQ's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Invesco QQQ or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Tech Growth, Size And Style ETFs, Large Cap ETFs, Large Growth, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 1999-03-10 |
| Benchmark | Nasdaq-100 Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 250.37 Billion |
| Average Trading Valume | 43.61 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Invesco Capital Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Invesco Distributors, Inc. |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Trustee | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Sep |
| Exchange | NASDAQ |
| Number of Constituents | 101 |
| Market Maker | None |
| Total Expense | 0.2 |
| Management Fee | 0.2 |
| Country Name | USA |
| Returns Y T D | 5.41 |
| Name | Invesco QQQ Trust |
| Currency Code | USD |
| Open Figi | BBG000BSWKH7 |
| In Threey Volatility | 22.54 |
| 1y Volatility | 15.81 |
| 200 Day M A | 395.36 |
| 50 Day M A | 437.99 |
| Code | QQQ |
| Updated At | 17th of April 2024 |
| Currency Name | US Dollar |
Invesco QQQ Trust [QQQ] is traded in USA and was established 1999-03-10. The fund is classified under Large Growth category within Invesco family. The entity is thematically classified as Tech Growth. Invesco QQQ Trust at this time have 151.48 B in assets. , while the total return for the last 3 years was 8.7%.
Check Invesco QQQ Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco QQQ Trust Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Invesco QQQ Trust Etf Constituents
| AMGN | Amgen Inc | Stock | Health Care |
| AAPL | Apple Inc | Stock | Information Technology |
| ADBE | Adobe Systems Incorporated | Stock | Information Technology |
| AMZN | Amazon Inc | Stock | Consumer Discretionary |
| CMCSA | Comcast Corp | Stock | Communication Services |
| CSCO | Cisco Systems | Stock | Information Technology |
| FB | Meta Platforms | Stock | Internet Content & Information |
Invesco QQQ Target Price Odds Analysis
In regard to a normal probability distribution, the odds of Invesco QQQ jumping above the current price in 90 days from now is about 18.59%. The Invesco QQQ Trust probability density function shows the probability of Invesco QQQ etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Invesco QQQ has a beta of 0.9992 indicating Invesco QQQ Trust market returns are sensible to returns on the market. As the market goes up or down, Invesco QQQ is expected to follow. Additionally, invesco QQQ Trust has an alpha of 0.0372, implying that it can generate a 0.0372 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Invesco QQQ to move above the current price in 90 days from now is about 18.59 (This Invesco QQQ Trust probability density function shows the probability of Invesco Etf to fall within a particular range of prices over 90 days) .
Invesco QQQ Top Holders
| ETFCX | Stadion Tactical Growth | Mutual Fund | Tactical Allocation |
| WPOPX | Partners Iii Opportunity | Mutual Fund | Long-Short Equity |
| ETFZX | Stadion Tactical Defensive | Mutual Fund | Tactical Allocation |
| ETFRX | Stadion Tactical Defensive | Mutual Fund | Tactical Allocation |
| PBRIX | Federated Prudent Bear | Mutual Fund | Trading--Inverse Equity |
| ETFOX | Stadion Tactical Growth | Mutual Fund | Tactical Allocation |
| DXNLX | Direxion Monthly Nasdaq 100 | Mutual Fund | Trading--Leveraged Equity |
Invesco QQQ Trust Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Invesco QQQ market risk premium is the additional return an investor will receive from holding Invesco QQQ long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco QQQ. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Invesco QQQ's alpha and beta are two of the key measurements used to evaluate Invesco QQQ's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.058 | |||
| Jensen Alpha | 0.0372 | |||
| Total Risk Alpha | 0.0222 | |||
| Sortino Ratio | 0.0358 |
Invesco QQQ Against Markets
Picking the right benchmark for Invesco QQQ etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Invesco QQQ etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Invesco QQQ is critical whether you are bullish or bearish towards Invesco QQQ Trust at a given time. Please also check how Invesco QQQ's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Invesco QQQ without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Invesco Etf?
Before investing in Invesco QQQ, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Invesco QQQ. To buy Invesco QQQ etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Invesco QQQ. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Invesco QQQ etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Invesco QQQ Trust etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Invesco QQQ Trust etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Invesco QQQ Trust, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Invesco Etf please use our How to Invest in Invesco QQQ guide.
Already Invested in Invesco QQQ Trust?
The danger of trading Invesco QQQ Trust is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Invesco QQQ is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Invesco QQQ. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Invesco QQQ Trust is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Invesco QQQ Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Invesco Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Invesco Qqq Trust Etf. Highlighted below are key reports to facilitate an investment decision about Invesco Qqq Trust Etf: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco QQQ Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Invesco QQQ Trust is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco QQQ's value that differs from its market value or its book value, called intrinsic value, which is Invesco QQQ's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco QQQ's market value can be influenced by many factors that don't directly affect Invesco QQQ's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco QQQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco QQQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco QQQ's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.