ETF Analysis
QQQM ETF: Nasdaq-100 Holdings, Fees and Performance
QQQM answer
QQQM, the Invesco NASDAQ 100 ETF, tracks the same Nasdaq-100 index as QQQ: the largest non-financial companies listed on the Nasdaq. Its largest positions are NVDA (8.5%), AAPL (7.7%), MSFT (5.9%), MU (4.9%), AMZN (4.4%), and the top ten make up 47.0% of the fund. QQQM's expense ratio is 0.15%, and it manages $79.77B. Over the past year its price return was +17.4%.
- Expense ratio
- 0.15%
- Fund size
- $79.77B
- Holdings
- 109
- Top 10 weight
- 47.0%
- Top sectors
- Technology (58.8%), Communication Services (12.1%), Consumer Cyclical (10.2%)
- 1Y price return
- +17.4%
Invesco NASDAQ 100 ETF (QQQM) currently has an AIQ Score of 50/100, indicating a neutral setup. Risk is the strongest factor at 72/100. Value is the weakest current factor at 35/100. Performance, momentum, risk, distribution, and exposure evidence should be read together at the latest market-close snapshot.
QQQM at a Glance
Crawlable current metrics from the latest market-close ETF snapshot.
| Metric | Current |
|---|---|
| Price | $298.64 |
| AIQ Score | 50/100 |
| Overall View | Neutral |
| Technical Analysis Consensus | Sell |
| Fund Size | $79.77B |
| Expense Ratio | 0.15% |
| Holdings Count | 109 |
| NAV | $295.75 |
| Asset Class | Equity |
| Primary Exposure | Technology (58.84%) |
| Issuer | Invesco |
| Domicile | US |
| Inception Date | Oct 13, 2020 |
| Distribution Yield | 0.44% |
| Beta | 1.23 |
| Average Volume | 3.11M |
| 52-week range | $228.75-$314.12 |
| RSI 14 | 40.77 |
| 50-Day SMA | $299.25 |
| 200-Day SMA | $278.54 |
| Risk Score | 72/100 |
| Momentum Score | 35/100 |
| Value Exposure Score | 35/100 |
QQQM Long-Horizon ETF Performance
Trailing returns, growth of $10,000, drawdown history, and calendar-year returns from available daily closes.
| Period | Total return | Annualized | Max drawdown | Start date |
|---|---|---|---|---|
| 1Y | 17.41% | 17.42% | -12.19% | Oct 20, 2025 |
| 3Y | 102.61% | 26.53% | -22.83% | Oct 20, 2023 |
| 5Y | 92.24% | 13.98% | -35.57% | Oct 22, 2021 |
| 10Y | 92.24% | 13.98% | -35.57% | Oct 22, 2021 |
Growth of $10,000
Indexed to the first available close in this history window.
Drawdown History
Peak-to-trough decline from each prior high over the available window.
Calendar-Year Returns
Full-year returns where available, with the current calendar year shown as YTD.
QQQMInvesco NASDAQ 100 ETF
Financial Services / Asset Management
Low Priority
In Line With Peers
Latest quote
- Momentum35
- Value35
- Quality68
- Risk resilience72
- Sentiment50
QQQM ETF Analysis Summary
Invesco NASDAQ 100 ETF (QQQM) currently has an AIQ Score of 50/100, indicating a neutral setup. Risk resilience is the strongest factor at 72/100. Value is the weakest current factor at 35/100. Performance, exposure, distribution, momentum, and risk evidence should be read together at the latest market-close snapshot.
In a neutral regime, QQQM has AIQ Score of 50/100 with Risk resilience base of 72/100 and fading Value at 35/100. Wait for component alignment before adding exposure.
Risk resilience (72/100) leads while Value (35/100) lags. This cross-factor spread creates entry timing uncertainty.
Financial Services · 1.03% ETF move · QQQM classified in Asset Management.
Current Evidence
AlgovestIQ Evidence Summary
Current consensus, supporting evidence, recent changes, and what would strengthen or weaken the view.
Is QQQM Bullish or Bearish Right Now?
QQQM currently has a neutral overall setup. Risk Resilience is the strongest factor at 72/100, while Momentum is weakest at 35/100. The current evidence suggests a mixed rather than strongly bullish or bearish setup.
- - Quality is supportive at 68/100.
- - Risk Resilience is supportive at 72/100.
- - Value is the current constraint at 35/100.
- - Momentum is weak at 35/100.
- - Technical consensus has more sell votes than buy votes (27 vs 10).
Current Consensus
QQQM's Technical Analysis Consensus is currently Sell, with 10 buy, 8 neutral, and 27 sell votes. QQQM's 14-day RSI is 40.77, which places the ETF in a weaker momentum range. QQQM's beta is 1.23, indicating greater market sensitivity than the broad market.
What Changed in QQQM?
The largest recent change in QQQM is Momentum moving down by 17.0 points over the available 7-day comparison window. Risk Resilience remains the strongest visible factor.
What Would Change the QQQM Outlook?
The current neutral outlook could improve if AIQ moves above 70, momentum recovers, risk resilience improves, and price confirms a stronger trend above the 50-day and 200-day moving averages. It would weaken if AIQ falls below 40, price loses long-term moving-average support, distribution or liquidity context deteriorates, or risk evidence worsens.
AIQ > 70, RSI above 55, price above SMA-50/SMA-200, and positive market-context evidence.
AIQ below 40, RSI below 45, loss of SMA-200, negative revisions, or rising volatility and drawdown risk.
QQQM Decision Framework
Public evidence layers, setup checks, and risk context for Invesco NASDAQ 100 ETF.
Invesco NASDAQ 100 ETF (QQQM) ETF Analysis
Invesco NASDAQ 100 ETF has an AIQ Score of 50/100 in a Neutral regime. Risk is strongest at 72/100. Beta is 1.23, above market sensitivity. Review the supporting etf factors together before drawing a conclusion from any single score.
| Evidence Layer | Public Evidence |
|---|---|
| Regime Context | QQQM is in a Neutral AIQ regime with score 50/100. |
| Signal Conflict | The primary conflict is that risk leads at 72/100 while momentum lags at 35/100. |
| Factor Evidence | Momentum 35/100 · Value 35/100 · Quality 68/100 · Risk 72/100 · Sentiment 50/100 |
| Persistence | Current snapshot evidence is shown; historical persistence remains in AIQ Pro. |
Current Setup Checklist
Risk is the strongest factor at 72/100.
Momentum is 35/100 and RSI (14) is 40.8.
QQQM is in a Neutral regime at 50/100.
Risk factor is 72/100 with beta 1.23 and annual volatility 19.76%.
Current conflict: risk leads at 72/100 while momentum lags at 35/100.
QQQM Research Cluster
ETF-specific paths for performance, risk, distributions, market context, data, comparisons, and news.
QQQM ETF Analytics
QQQM holdings context, yield, risk, valuation exposure, momentum, and AIQ evidence.
QQQM Technical Analysis
QQQM technical setup based on RSI, MACD, moving averages, AIQ Momentum, volume, trend, volatility, and pivots.
QQQM ETF Market Context
Track QQQM market context, news pressure, trend changes, income events, and current allocation evidence.
QQQM Distribution Analysis
QQQM distribution yield, annualized distributions, payment history, and income context.
QQQM ETF Data
QQQM available fund data, market metrics, technical readings, risk measures, and AIQ evidence.
QQQM Risk Analysis
QQQM volatility, beta, drawdown, Sharpe ratio, VaR, and downside resilience.
QQQM ETF News
QQQM ETF news, market tone, recent headlines, and catalyst context.
QQQM vs ETF Peers
Current peer cohort: QQQM · QQQ · AAPL · MSFT · AMZN. Compare AIQ, factor scores, Sharpe ratio and 1-year volatility in one indexable view.
| Peer | AIQ | Value | Momentum | Risk | Sharpe | 1Y Volatility | Compare |
|---|---|---|---|---|---|---|---|
| QQQM Current ETF | 50/100 | 35/100 | 35/100 | 72/100 | 0.77 | 19.76% | Current |
| QQQ Invesco QQQ Trust (Nasdaq-100) | 52/100 | 35/100 | 26/100 | 72/100 | 0.76 | 19.90% | QQQM vs QQQ |
| AAPL Apple | 65/100 | 38/100 | 78/100 | 68/100 | 1.09 | 24.12% | QQQM vs AAPL |
| MSFT Microsoft | 67/100 | 44/100 | 69/100 | 67/100 | 0.14 | 33.01% | QQQM vs MSFT |
| AMZN Amazon | 61/100 | 35/100 | 76/100 | 54/100 | 0.61 | 34.65% | QQQM vs AMZN |
Peer cohort is resolved dynamically from the AlgovestIQ universe taxonomy and Compare relationship graph. Data as of Oct 21, 2026.
Popular QQQM Comparisons
How QQQM scores against the names it is most often compared with.
About the AIQ Score
Methodology for the current ETF evidence.
The AlgovestIQ AIQ Score combines multiple dimensions of ETF evidence, including momentum, valuation exposure, quality, risk resilience, sentiment context, and timing signals. It is a descriptive research score, not a guarantee of future performance or a personalized recommendation.
View AIQ methodologyFactor Diagnostics
A compact bridge from the AIQ score to the evidence tabs.
Valuation exposure across the fund's holdings.
Quality context inferred from fund exposure and available evidence.
Trend, momentum, volume, and timing confirmation.
Resilience, volatility, beta, drawdown, and tail risk.
News and event pressure around the setup.
Open the return calculator with ETF context while purchase price, shares, dates and fees remain user inputs.
AIQ Component Profile
Compare the five component scores on one consistent 0–100 scale.
Review earnings timing, revisions, news pressure, and prior event reactions in one place.
Open catalystsNo quarterly financial rows in this snapshot.
Checked Oct 21, 2026
Explore factor drivers, conflicts, persistence, and scenario sensitivity in the advanced workspace.
ETF Analytics Snapshot
Current ETF evidence uses fund profile, cost, size, distribution, momentum, and risk fields.
ETF pages use fund-native profile fields for cost, size, liquidity, holdings breadth, NAV, issuer, and launch date.
Market Confirmation
Technicals are summarized first, with the indicator library behind it.
Risk Alignment
Higher resilience is stronger; exposure metrics stay separate.
Continue Researching QQQM
Open the detailed evidence pages and workflows behind the ETF overview read.
Premium Feature
Full AIQ Analysis
AIQ Intelligence
AIQ Pro for QQQM
Scenario Analysis
AIQ Scenario Builder
Portfolio Implication
Related Links
QQQM ETF FAQ
What is the difference between QQQM and QQQ?
QQQM and QQQ hold the same Nasdaq-100 stocks. QQQM charges a lower expense ratio (0.15%) and suits buy-and-hold investors, while QQQ trades in far greater volume and has a deeper options market.
What are QQQM's top holdings?
QQQM's largest positions are NVDA (8.5%), AAPL (7.7%), MSFT (5.9%), MU (4.9%), AMZN (4.4%), with the top ten at 47.0% of the fund.
What is QQQM's expense ratio?
QQQM's expense ratio is 0.15% a year.