(QQQM) Invesco NASDAQ 100 - Ratings and Ratios

The Invesco NASDAQ 100 ETF (NASDAQ: QQQM) seeks to track the performance of the NASDAQ-100 Index by investing at least 90 % of its assets in the index’s constituent securities, which represent the 100 largest domestic and international non-financial companies listed on the Nasdaq Stock Market.

Key characteristics: Ticker QQQM; ETF type; U.S.-based; Large-Growth category; non-diversified (i.e., > 70 % of assets are concentrated in a few sectors, primarily technology).

From publicly available data (as of Q4 2024), QQQM carries an expense ratio of 0.15 %-lower than the flagship QQQ’s 0.20 %-and manages roughly $22 billion in assets, reflecting strong investor demand for a cost-efficient exposure to the NASDAQ-100.

Performance drivers: the fund’s top-weight sector is Information Technology (~45 % of holdings), followed by Consumer Discretionary and Health Care. Recent macro-economic factors that have materially impacted returns include the Federal Reserve’s interest-rate stance (higher rates tend to pressure growth-oriented tech stocks) and the acceleration of artificial-intelligence adoption, which has boosted earnings expectations for companies such as Microsoft, Nvidia, and Alphabet.

Recent KPI snapshot (12-month trailing as of Nov 2024): total return ≈ 28 %, price-to-earnings multiple ≈ 24× (vs. S&P 500 ≈ 20×), and dividend yield ≈ 0.5 %-indicating a growth-biased profile with modest income.

If you want a more granular, data-driven assessment of QQQM’s risk-adjusted performance and sector sensitivities, consider exploring the analytics available on ValueRay.