QQQJInvesco NASDAQ Next Gen 100 ETF
QQQJ Fund Description
QQQJ tracks a modified market-cap-weighted, narrow index of 100 non-financial stocks that are next-eligible for inclusion in the NASDAQ-100 Index.
QQQJ Factset Analytics Insight
QQQJ concentrates its portfolio to 100 largest companies by market cap that are next-generation constituents of the NASDAQ-100 Index. As such, securities must meet the existing NASDAQ-100 index eligibility criteria. QQQJ reflects companies from all major sectors, except financial firms as classified under the ICB Industry Classification Benchmark. Eligible security types are traded stocks, tracking stocks, shares of beneficial interest, limited partnership interests, and ADRs. Holdings are weighted using a methodology that is a hybrid of equal and market-cap weighting. Under this methodology, each issuer is capped at 4% weight. The index is rebalanced quarterly and reconstituted annually.
QQQJ MSCI ESG Analytics Insight
Invesco NASDAQ Next Gen 100 ETF has an MSCI ESG Fund Rating of A based on a score of 5.94 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco NASDAQ Next Gen 100 ETF ranks in the 44th percentile within its peer group and in the 73th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
QQQJ MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
QQQJ Summary Data
QQQJ Portfolio Data
QQQJ Index Data
QQQJ Portfolio Management
QQQJ Tax Exposures
QQQJ Fund Structure
QQQJ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of QQQJ. QQQJ is rated a 5 out of 5.
QQQJ Sector/Industry Breakdown
QQQJ Top 10 Holdings[View All]
QQQJ Economic Development
QQQJ Performance Statistics
QQQJ MSCI ESG Ratings
QQQJ Benchmark Comparison Summary
QQQJ Benchmark Comparison Market Cap Size