What is QQQ?

QQQ tracks a modified-market-cap-weighted index of 100 NASDAQ-listed stocks.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
QQQ 4.88% 5.30% 6.16% -21.28% 8.84% 11.98% 16.55%
QQQ (NAV) 4.96% 5.38% 6.23% -21.18% 8.85% 12.00% 16.55%
NASDAQ-100 Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 3.98% 7.96% 3.56% -11.35% 7.53% 9.14% 12.56%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

QQQ Factset Analytics Insight

QQQ is one of the best established and typically one of the most actively traded ETFs in the world. Often referred to as “the triple Q’s”, it's also one of the most unusual. The product is one of a few ETFs structured as a unit investment trust. Per the rules of its index, the fund only invests in nonfinancial stocks listed on NASDAQ, and effectively ignores other sectors too, causing it to skew massively away from a broad-based large-cap portfolio. QQQ has huge tech exposure, but it is not a 'tech fund' in the pure sense either. The fund's arcane weighting rules further distance it from anything close to plain vanilla large-cap or pure-play tech coverage. The ETF is much more concentrated in its top holdings and is more volatile than our vanilla large-cap benchmark. Still, the fund has huge name recognition for the underlying index, the NASDAQ-100. In all, QQQ delivers a quirky but wildly popular mash-up of tech, growth and large-cap exposure. The fund and index are rebalanced quarterly and reconstituted annually.

QQQ Summary Data

Invesco
03/10/99
0.20%
$151.84B
NASDAQ-100 Index
MSCI USA Large Cap Index
Unit Investment Trust

Peers

MSCI USA Large Cap Index

Fund Flows

-$1.81B 5 Days
-$5.33B 30 Days
-$4.06B 90 Days

QQQ Portfolio Data

$744.97B
25.32
6.46
0.75%
N/A
103

QQQ Index Data

NASDAQ-100 Index
Market Cap
NASDAQ - Listed
MSCI USA Large Cap Index

QQQ Portfolio Management

0.20%
-0.17%
-0.12%
-0.24%

QQQ Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

QQQ Fund Structure

Unit Investment Trust
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 01/23/23

This measurement shows how easy it is to trade a $1 million USD block of QQQ. QQQ is rated a 5 out of 5.

QQQ Tradability

43,481,469
$12.11B
41,459,960
$11.39B
0.01%
$0.01
0.00%
0.32% / -0.17%
None
100.00%
50,000
829.20
0.00%
0.02%
11,937,682
$282.91
5

QQQ Sector/Industry Breakdown

QQQ Segment
Benchmark
31.79% --
29.62% --
11.21% --
6.87% --
5.44% --
4.03% --
3.23% --
1.71% --
1.54% --
1.30% --

QQQ Top 10 Holdings

11.90%
2.96%
51.55%

QQQ Performance Statistics

0.95
1.27
1.23
1.25
0.64%
MSCI USA Large Cap Index

QQQ Countries

QQQ Segment
Benchmark
98.28% 99.88%
0.54% --
0.47% --
0.36% --
0.35% --
-- 0.12%

QQQ Regions

QQQ Segment
Benchmark
98.28% 100.00%
0.89% --
0.84% --

QQQ Economic Development

QQQ Segment
Benchmark
99.65% 100.00%
0.35% 0.00%

QQQ Benchmark Comparison Holdings

103
296
84
41.37%

QQQ Benchmark Comparison Summary

QQQ Segment
Benchmark
103 296
$744.97B $523.16B
25.32 20.54
6.46 4.31
0.89% 1.53%
High Low

QQQ Benchmark Comparison Market Cap Size

QQQ Segment
Benchmark
99.65% 99.85%
0.20% 0.15%
0.00% 0.00%
0.00% 0.00%

Options Strategies for Outcome Investing

Options allow you to customize investment outcomes. Using the strategy builders provided by Cboe Vest Technologies, you can construct some of the most common option strategies. Check out our user guide for more information on how to use the tool.

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.