Invesco Nasdaq Free CA Flw Achiev ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
Invesco Nasdaq Free Cash Flow Achievers ETF QOWZ
Morningstar’s Analysis QOWZ
Will QOWZ outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the QOWZ management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of QOWZ’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 49.8
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
NVIDIA Corp | 11.61 | 1M | Technology |
Broadcom Inc | 7.98 | 916,159 | Technology |
Meta Platforms Inc Class A | 6.12 | 702,246 | Communication Services |
KLA Corp | 5.05 | 579,085 | Technology |
Mastercard Inc Class A | 4.25 | 487,293 | Financial Services |
Fortinet Inc | 3.84 | 441,060 | Technology |
Cadence Design Systems Inc | 3.02 | 346,350 | Technology |
Thermo Fisher Scientific Inc | 2.90 | 333,204 | Healthcare |
Salesforce Inc | 2.58 | 296,576 | Technology |
Automatic Data Processing Inc | 2.47 | 283,050 | Technology |