Invesco QQQ QQQ

Invesco QQQ is an exchange traded fund (ETF) managed by Invesco, which is an American boutique investment management firm headquartered in the Chicago, Illinois area. The ETF, which was established in 1999, tracks the NASDAQ-100 Index, which is an index of the 100 largest domestic and international non-financial companies listed on the NASDAQ stock exchange, based on market capitalisation.

The fund is ranked in the top 1% of large-cap growth funds and has demonstrated a long-term ability to outperform other similar funds, consistently beating the S&P 500 Index. The Invesco QQQ ETF will, under most circumstances, consist of all the stocks in the NASDAQ-100 Index. The fund and the Index are rebalanced quarterly and reconstituted annually.

ETFs offer a convenient way to invest, allowing traders to invest in a fund that bundles together other assets and tracks an Index that is effectively a strong reflection of the overall economy or industry that it is tied to. Fund returns, however, do not always perfectly reflect Index returns. The Invesco QQQ ETF is listed on the NASDAQ where it trades under the ticker QQQ.

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