Invesco NASDAQ 100 ETF Amasses $71.2B AUM, Charges 0.15% Fee
The Invesco NASDAQ 100 ETF has amassed over $71.2 billion in assets and carries a 0.15% expense ratio, with 50.4% allocated to Information Technology and Nvidia accounting for 8.94% of total assets. Year-to-date returns stand at –1.74% with a one-year gain of 12.46% and a beta of 1.18.
1. Fund Profile
The Invesco NASDAQ 100 ETF launched on October 13, 2020, and is sponsored by Invesco. It has gathered $71.22 billion in assets, carries a 0.15% annual expense ratio, yields 0.51% on a trailing 12-month basis, and holds 107 individual securities.
2. Sector Exposure and Top Holdings
Information Technology dominates the portfolio at 50.4%, followed by Telecom and Consumer Discretionary. Nvidia represents 8.94% of assets, with Apple and Microsoft rounding out the top three, and the top 10 holdings comprise 48.04% of the fund.
3. Performance Metrics
QQQM has declined 1.74% year-to-date while rising 12.46% over the past 12 months. The fund’s 52-week trading range spans $171.40 to $261.79 and it records a beta of 1.18 with a three-year standard deviation of 19.19%.
4. Alternatives
Comparable ETFs include the Vanguard Growth ETF with $194.44 billion in assets and a 0.03% expense ratio, and the Invesco QQQ with $393.40 billion and a 0.20% fee. QQQM holds a Zacks ETF Rank of 1, signaling strong expected returns relative to peers.