The Nasdaq-100 Index’s tremendous returns obscure key flaws in its construction and cast doubt on whether its stellar performance can continue.
Invesco NASDAQ 100 ETF QQQM
Morningstar’s Analysis QQQM
Will QQQM 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 QQQM 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 QQQM’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 46.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
NVIDIA Corp | 8.28 | 8B | Technology |
Apple Inc | 7.50 | 7B | Technology |
Microsoft Corp | 5.14 | 5B | Technology |
Micron Technology Inc | 4.46 | 4B | Technology |
Amazon.com Inc | 4.39 | 4B | Consumer Cyclical |
Alphabet Inc Class A | 3.57 | 3B | Communication Services |
Advanced Micro Devices Inc | 3.49 | 3B | Technology |
Alphabet Inc Class C | 3.31 | 3B | Communication Services |
Tesla Inc | 3.24 | 3B | Consumer Cyclical |
Broadcom Inc | 3.04 | 3B | Technology |