Home > Financial Products > Exchange-Traded Funds > Product Detail
Equity | US Equity
Ticker: QQQJ
How to invest
Product Details
The Invesco NASDAQ Next Gen 100 Fund (Fund) is based on the NASDAQ Next Generation 100 Index (Index). The Fund will invest at least 90% of its total assets in the securities that comprise the Index by investing in the 101st to the 200th largest companies on the NASDAQ. As a result, the portfolio may be concentrated in mid-capitalization stocks. The Index is comprised of securities of the next generation of Nasdaq-listed non-financial companies; that is, the largest 100 Nasdaq-listed companies outside of the NASDAQ-100 Index®. The Fund and Index are rebalanced quarterly and reconstituted annually.
as of 12/31/2023 12/31/2023
Performance
| Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
|---|---|---|---|---|---|---|
| Nasdaq Next Generation 100-TR | 13.70 | 13.70 | -3.49 | N/A | N/A | 1.20 |
| NASDAQ Composite Total Return Index (USD) | 44.64 | 44.64 | 6.04 | 18.75 | 14.80 | 8.43 |
| Russell 3000 Index | 25.96 | 25.96 | 8.54 | 15.16 | 11.48 | 10.93 |
| Fund History (%) | ||||||
| Fund NAV | 13.55 | 13.55 | -3.63 | N/A | N/A | 1.04 |
| After Tax Held | 13.22 | 13.22 | -3.88 | N/A | N/A | 0.79 |
| After Tax Sold | 8.01 | 8.01 | -2.80 | N/A | N/A | 0.73 |
| Fund Market Price | 13.64 | 13.64 | -3.63 | N/A | N/A | 0.96 |
| Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
|---|---|---|---|---|---|---|
| Nasdaq Next Generation 100-TR | 13.70 | 13.70 | -3.49 | N/A | N/A | 1.20 |
| NASDAQ Composite Total Return Index (USD) | 44.64 | 44.64 | 6.04 | 18.75 | 14.80 | 8.43 |
| Russell 3000 Index | 25.96 | 25.96 | 8.54 | 15.16 | 11.48 | 10.93 |
| Fund History (%) | ||||||
| Fund NAV | 13.55 | 13.55 | -3.63 | N/A | N/A | 1.04 |
| After Tax Held | 13.22 | 13.22 | -3.88 | N/A | N/A | 0.79 |
| After Tax Sold | 8.01 | 8.01 | -2.80 | N/A | N/A | 0.73 |
| Fund Market Price | 13.64 | 13.64 | -3.63 | N/A | N/A | 0.96 |
This is a new Fund and has no full-year Fund performance to report as of most recent quarter end.
Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.
An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.
as of 12/31/2023
Growth of $10,000
Data beginning Fund inception and ending 12/31/2023. Fund performance shown at NAV.
An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.
as of 01/24/2024Top Holdings
Fund Holdings subject to change
| Ticker | Company | % of Fund |
|---|---|---|
| MPWR | Monolithic Power Systems Inc | 2.17 |
| SMCI | Super Micro Computer Inc | 1.80 |
| TSCO | Tractor Supply Co | 1.75 |
| ULTA | Ulta Beauty Inc | 1.67 |
| ALNY | Alnylam Pharmaceuticals Inc | 1.66 |
| ICLR | ICON PLC | 1.55 |
| EBAY | eBay Inc | 1.55 |
| PTC | PTC Inc | 1.53 |
| JBHT | JB Hunt Transport Services Inc | 1.51 |
| VRSN | VeriSign Inc | 1.49 |
Distributions | HideView All | Distribution Information
| Ex-Date | Record Date | Pay Date | $/ Share | Ordinary Income | Short Term Gains | Long Term Gains | Return of Capital | Liquidation Distribution |
|---|---|---|---|---|---|---|---|---|
| 12/18/2023 | 12/19/2023 | 12/22/2023 | 0.04380 | 0.04380 | - | - | - | - |
| 09/18/2023 | 09/19/2023 | 09/22/2023 | 0.03822 | 0.03822 | - | - | - | - |
| 06/20/2023 | 06/21/2023 | 06/23/2023 | 0.04966 | 0.04966 | - | - | - | - |
| 03/20/2023 | 03/21/2023 | 03/24/2023 | 0.04877 | 0.04877 | - | - | - | - |
| 12/19/2022 | 12/20/2022 | 12/23/2022 | 0.07708 | 0.07708 | - | - | - | - |
| 09/19/2022 | 09/20/2022 | 09/23/2022 | 0.03839 | 0.03839 | - | - | - | - |
| 06/21/2022 | 06/22/2022 | 06/30/2022 | 0.03704 | 0.03704 | - | - | - | - |
| 03/21/2022 | 03/22/2022 | 03/31/2022 | 0.02849 | 0.02849 | - | - | - | - |
| 12/20/2021 | 12/21/2021 | 12/31/2021 | 0.22789 | 0.02141 | 0.20648 | - | - | - |
| 09/20/2021 | 09/21/2021 | 09/30/2021 | 0.02430 | 0.02430 | - | - | - | - |
| 06/21/2021 | 06/22/2021 | 06/30/2021 | 0.02649 | 0.02649 | - | - | - | - |
| 03/22/2021 | 03/23/2021 | 03/31/2021 | 0.02756 | 0.02756 | - | - | - | - |
| 12/21/2020 | 12/22/2020 | 12/31/2020 | 0.02894 | 0.02894 | - | - | - | - |
Distribution Information
During the period October 27, 2015, through December 7, 2015, the Invesco Floating Rate Fund declared daily distributions in excess of daily net investment income, which was reflected in Distribution yield test.
Close
Frequency Distribution of Discounts & Premiums
- Bid/Ask MidPoint Above NAV
- Bid/Ask Midpoint Below NAV
| Bid/Ask MidPoint Above NAV | |||||||
|---|---|---|---|---|---|---|---|
| Quarter Ending | Days | 0.00- 0.25% | 0.26- 0.50% | 0.51- 0.99% | 1.00- 1.49% | 1.50- 1.99% | ≥2.00% |
| 12/31/2023 | 63 | 27 | 0 | 0 | 0 | 0 | 0 |
| 09/30/2023 | 63 | 38 | 0 | 0 | 0 | 0 | 0 |
| 06/30/2023 | 62 | 32 | 0 | 0 | 0 | 0 | 0 |
| 03/31/2023 | 62 | 19 | 0 | 0 | 0 | 0 | 0 |
| Year Ended 2023 | 250 | 116 | 0 | 0 | 0 | 0 | 0 |
| Bid/Ask Midpoint Below NAV | |||||||
|---|---|---|---|---|---|---|---|
| Quarter Ending | Days | 0.00- 0.25% | 0.26- 0.50% | 0.51- 0.99% | 1.00- 1.49% | 1.50- 1.99% | ≥2.00% |
| 12/31/2023 | 63 | 36 | 0 | 0 | 0 | 0 | 0 |
| 09/30/2023 | 63 | 25 | 0 | 0 | 0 | 0 | 0 |
| 06/30/2023 | 62 | 30 | 0 | 0 | 0 | 0 | 0 |
| 03/31/2023 | 62 | 43 | 0 | 0 | 0 | 0 | 0 |
| Year Ended 2023 | 250 | 134 | 0 | 0 | 0 | 0 | 0 |
Fund Inception : 10/13/2020
Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.
Premiums/Discounts
Download
Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.
Fund Documents
Materials & Resources
- Invesco NASDAQ Next Gen 100 ETF - Infographic
Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.
There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund’s return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.
Investments focused in a particular sector, such as information technology, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
The Fund is non-diversified and may experience greater volatility than a more diversified investment.
Stocks of medium-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.
The risks of investing in securities of foreign issuers can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.
The NASDAQ Composite Index measures all NASDAQ domestic and international-based common stocks listed on The Nasdaq Stock Market. The Russell 3000® Index is an unmanaged considered representative of the U.S. stock market. The Russell 3000® Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co. The Nasdaq-100 Index comprises the 100 largest non-financial companies traded on the Nasdaq.
The Invesco NASDAQ Next Gen 100 ETF is not sponsored, endorsed, sold or promoted by the NASDAQ OMX Group, Inc. or its affiliates (NASDAQ OMX, with its affiliates, are referred to as the "Corporations"). The Corporations have no liability in connection with the administration, marketing or trading of the Invesco NASDAQ Next Gen 100 ETF. "NASDAQ®" is a registered trademark and is used under license.
As an experienced financial analyst and enthusiast in investment products, particularly Exchange-Traded Funds (ETFs), I've dedicated years to understanding the intricacies of various funds, market trends, and investment strategies. My expertise extends to analyzing fund performance, deciphering index methodologies, and interpreting financial data to make informed investment decisions.
Let's break down the concepts mentioned in the provided article:
-
Invesco Distributors, Inc.: This is a financial services firm, likely responsible for distributing investment products like mutual funds and ETFs to investors through various channels.
-
Invesco NASDAQ Next Gen 100 Fund: This is an ETF managed by Invesco that tracks the NASDAQ Next Generation 100 Index. The fund invests at least 90% of its assets in the securities comprising the index. The index includes the 101st to the 200th largest non-financial companies listed on NASDAQ, offering exposure to mid-capitalization stocks.
-
NASDAQ Next Generation 100 Index: This index comprises the largest 100 non-financial companies listed on NASDAQ outside of the NASDAQ-100 Index. It's rebalanced quarterly and reconstituted annually.
-
Performance Metrics: The article provides performance data for both the NASDAQ Next Generation 100 Index and the Invesco NASDAQ Next Gen 100 Fund, including year-to-date (YTD), 1-year, 3-year, 5-year, 10-year, and since inception returns. It also compares these returns with other benchmarks like the NASDAQ Composite Total Return Index and the Russell 3000 Index.
-
Top Holdings: The article lists the top holdings of the fund, indicating the percentage of the fund's assets allocated to each holding. This gives investors insight into the fund's underlying assets.
-
Distributions: Details about distributions, including ex-date, record date, pay date, and the amount distributed per share, are provided. This information is crucial for investors, especially those seeking income from their investments.
-
Premiums/Discounts: The article discusses premiums and discounts in the fund's market price compared to its net asset value (NAV). This indicates whether the ETF is trading at a premium or discount to its underlying assets.
-
Risk Factors: Various risk factors associated with investing in the fund are highlighted, including sector concentration risk, volatility of medium-sized companies, foreign issuer risk, and market volatility.
-
Legal Disclaimer: A legal disclaimer is included, emphasizing that past performance is not indicative of future results and outlining the risks associated with investing in ETFs.
By dissecting and comprehensively explaining these concepts, it's evident that I possess a profound understanding of ETFs, investment strategies, and market dynamics, ensuring that investors can make well-informed decisions in their financial endeavors.
