Invesco NASDAQ 100 ETF (QQQM)

Market Price (9/5/2026): $295.64

Invesco NASDAQ 100 ETF (QQQM)

Market Price (9/5/2026): $295.64

Key Takeaways

QQQM has returned +17.2% YTD vs +13.3% for SPY; +25.5% over the past 12 months (SPY +19.7%). details →
Priced in gold, QQQM has returned -16.3% over the past 3 years, vs +93.7% in dollars — its dollar gains have lagged gold. details →
Over the past month, QQQM has seen net inflows of +$3.19B (+3.1% of assets). details →
QQQM's portfolio trades at 21.5x forward earnings — a 180% premium to SPY (7.7x). details →
QQQM's +17.2% YTD is ahead of its typical pace — it averaged +12.9% at this point (September 4) over the past 5 years. details →

Last updated: 9/4/2026.

Price Chart

ETF Price
Price/Gold

Asset Allocation with QQQM

Risk Tolerance:

ConservativeModerateAggressive

Moderate — 55% equity / 25% bonds / 20% alternatives

10Y Return (ann.)

+9.4%

Volatility

10.6%

Sharpe

0.64

YTD

+11.7%

Modeled with monthly rebalancing to target weights; 10-year figures are annualized from monthly returns. Illustrative only — past performance is not indicative of future results.

	ETF	%	1D	1W	1M	YTD
Equity	QQQM	25.0%	0.2%	0.4%	0.6%	17.2%
Bond	BND	50.0%	0.0%	-0.1%	-0.1%	-0.2%
Gold	GLD	10.0%	-0.8%	-0.5%	4.4%	2.6%
Commodity	DBC	2.5%	0.0%	3.8%	10.7%	42.9%
Real Estate	VNQ	5.0%	-0.7%	-1.3%	-2.1%	10.6%
Bitcoin	BTCUSD	0.0%	-0.3%	4.2%	26.2%	-7.4%
Cash	GOVT	7.5%	0.0%	-0.5%	-0.4%	-0.8%
Conservative Portfolio		100.0%	-0.1%	-0.0%	0.7%	6.0%

	ETF	%	1D	1W	1M	YTD
Equity	QQQM	55.0%	0.2%	0.4%	0.6%	17.2%
Bond	BND	25.0%	0.0%	-0.1%	-0.1%	-0.2%
Gold	GLD	7.0%	-0.8%	-0.5%	4.4%	2.6%
Commodity	DBC	4.0%	0.0%	3.8%	10.7%	42.9%
Real Estate	VNQ	5.0%	-0.7%	-1.3%	-2.1%	10.6%
Bitcoin	BTCUSD	2.0%	-0.3%	4.2%	26.2%	-7.4%
Cash	GOVT	2.0%	0.0%	-0.5%	-0.4%	-0.8%
Moderate Portfolio		100.0%	0.0%	0.3%	1.5%	11.7%

	ETF	%	1D	1W	1M	YTD
Equity	QQQM	80.0%	0.2%	0.4%	0.6%	17.2%
Bond	BND	5.0%	0.0%	-0.1%	-0.1%	-0.2%
Gold	GLD	3.0%	-0.8%	-0.5%	4.4%	2.6%
Commodity	DBC	2.2%	0.0%	3.8%	10.7%	42.9%
Real Estate	VNQ	4.5%	-0.7%	-1.3%	-2.1%	10.6%
Bitcoin	BTCUSD	5.2%	-0.3%	4.2%	26.2%	-7.4%
Cash	GOVT	0.0%	0.0%	-0.5%	-0.4%	-0.8%
Aggressive Portfolio		100.0%	0.1%	0.5%	2.1%	14.9%

	ETF	%	Return	Volatility	Sharpe
Equity	QQQM	25.0%	0.0%	15.5%	0.54
Bond	BND	50.0%	1.4%	5.1%	-0.26
Gold	GLD	10.0%	12.4%	15.2%	0.64
Commodity	DBC	2.5%	7.9%	17.3%	0.34
Real Estate	VNQ	5.0%	4.8%	17.4%	0.19
Bitcoin	BTCUSD	0.0%	63.9%	76.0%	0.96
Cash	GOVT	7.5%	0.4%	4.9%	-0.47
Conservative Portfolio		100.0%	5.2%	7.0%	0.36

	ETF	%	Return	Volatility	Sharpe
Equity	QQQM	55.0%	0.0%	15.5%	0.54
Bond	BND	25.0%	1.4%	5.1%	-0.26
Gold	GLD	7.0%	12.4%	15.2%	0.64
Commodity	DBC	4.0%	7.9%	17.3%	0.34
Real Estate	VNQ	5.0%	4.8%	17.4%	0.19
Bitcoin	BTCUSD	2.0%	63.9%	76.0%	0.96
Cash	GOVT	2.0%	0.4%	4.9%	-0.47
Moderate Portfolio		100.0%	9.4%	10.6%	0.64

	ETF	%	Return	Volatility	Sharpe
Equity	QQQM	80.0%	0.0%	15.5%	0.54
Bond	BND	5.0%	1.4%	5.1%	-0.26
Gold	GLD	3.0%	12.4%	15.2%	0.64
Commodity	DBC	2.2%	7.9%	17.3%	0.34
Real Estate	VNQ	4.5%	4.8%	17.4%	0.19
Bitcoin	BTCUSD	5.2%	63.9%	76.0%	0.96
Cash	GOVT	0.0%	0.4%	4.9%	-0.47
Aggressive Portfolio		100.0%	13.6%	14.7%	0.75

Figures are on an annualized basis, based on monthly return data for the last 10 years

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	QQQM	25.0%	-31.3%
Bond	BND	50.0%	-14.2%	-2.2%	1.3%
Gold	GLD	10.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	2.5%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	5.0%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	0.0%	-56.0%	-33.5%	-37.4%
Cash	GOVT	7.5%	-12.4%	4.4%	1.6%
Conservative Portfolio		100.0%	-17.6%	-5.4%	0.4%

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	QQQM	55.0%	-31.3%
Bond	BND	25.0%	-14.2%	-2.2%	1.3%
Gold	GLD	7.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	4.0%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	5.0%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	2.0%	-56.0%	-33.5%	-37.4%
Cash	GOVT	2.0%	-12.4%	4.4%	1.6%
Moderate Portfolio		100.0%	-23.3%	-10.2%	-2.9%

	ETF	%	Inflation Shock	Covid Pandemic	2018 Correction
Equity	QQQM	80.0%	-31.3%
Bond	BND	5.0%	-14.2%	-2.2%	1.3%
Gold	GLD	3.0%	-7.7%	-6.3%	5.0%
Commodity	DBC	2.2%	20.5%	-23.7%	-17.5%
Real Estate	VNQ	4.5%	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	5.2%	-56.0%	-33.5%	-37.4%
Cash	GOVT	0.0%	-12.4%	4.4%	1.6%
Aggressive Portfolio		100.0%	-29.8%	-22.3%	-13.2%

The table shows the return of different asset classes during market crises - specifically during the period where the S&P fell and bottomed

Learn More →

Tailored Asset Allocation
[1] Personalized 5 Level Risk Tolerance Assessment
[2] Asset Allocation for My Risk Tolerance

Learn More →

Protect Wealth
[1] Defensive Portfolios
[2] Tax-Efficient Strategies

Valuation & Yield

	Forward [4,5]	Now	Historical (CYE & TTM)
	9/30/27	9/5/26	2025	2024	2023	2022	2021
Share Price CYE		$296.07	$252.57	$209.00	$166.29	$107.27	$158.97
Dividend/Share TTM		$0.95	$1.26	$1.28	$1.10	$0.91	$0.65
Valuation [1]
P/S	6.25	8.18	7.23	6.09	5.39	3.84	6.44
P/E		31.51	36.20	35.72	32.25	24.54	34.62
P/E (Non-GAAP) [2]	25.56	29.19	33.81	33.56	31.22	24.29	36.05
P/FCF		45.17	42.19	40.72	35.15	28.99	40.21
Yields TTM
Earnings Yield	3.91%	3.17%	2.76%	2.80%	3.10%	4.08%	2.89%
Dividend Yield	0.32%	0.32%	0.50%	0.61%	0.66%	0.85%	0.41%
Total Yield (TY)	4.24%	3.50%	3.26%	3.41%	3.76%	4.93%	3.30%
Risk Premium [3]
Risk Free Rate (Rf)	4.77%	4.77%	4.18%	4.58%	3.88%	3.88%	1.52%
Risk Prem. (TY - Rf)	-0.53%	-1.27%	-0.92%	-1.17%	-0.12%	1.05%	1.78%
Growth Rates [6]
Sales Growth	14.9%	9.0%	10.3%	7.6%	5.3%	9.6%
Earnings Growth [7]	14.8%	26.2%	29.7%	8.9%	23.4%	-17.3%

[1] P/E uses the aggregate method over profitable constituents; P/FCF aggregates net free cash flow across all constituents (negative-FCF names reduce it); P/S uses all constituents. Ratios reflect current ETF holdings at current weights. P/FCF has no Forward column (no analyst FCF estimate).
[2] P/E (Non-GAAP) uses analyst consensus net income (adjusted basis) for all periods. The standard P/E row above uses GAAP net income.
[3] The premium above the risk free rate (US 10Y) offered by the investment. Negative premiums can indicate stretched valuations.
Show more

Highlights

YIELD

QQQM's earnings yield is 3.17%, based on its 31.5x trailing P/E. With a 0.32% dividend yield, QQQM is yielding 3.50% in total.

RISK

Compared to US Treasuries at 4.77%, QQQM's total yield implies a -1.27% risk premium. A negative risk premium means investors earn less than risk-free Treasuries — valuations are historically stretched, though expectations of falling interest rates or fast earnings growth can justify such levels.

FORWARD EXPECTATIONS

Based on analyst estimates, QQQM's forward total yield is 4.24%, implying a -0.53% risk premium assuming stable Treasury rates.

Top 20 Holdings for QQQM

Total Weights
Top 5: 31.2% | Top 10: 46.3% | Top 20: 64.9%

Ticker	Holding	ETF Weight	Sales Weight	Earnings Weight	Fwd P/S	Fwd P/E	Fwd Sales Growth	Fwd Earnings Growth
Total		97.31%	100.00%	100.00%	5.1	21.5	+14.9%	+14.8%
Top 20		64.94%	60.18%	68.17%	5.4	21.3	+17.5%	+14.4%
NVDA	NVIDIA	8.39%	2.95%	9.79%	9.4	17.2	+67.6%	+64.9%
AAPL	Apple	7.49%	4.82%	6.94%	9.0	34.2	+9.0%	+3.5%
MSFT	Microsoft	6.08%	3.52%	7.39%	9.1	24.1	+19.5%	+19.3%
MU	Micron Technology	4.63%	2.36%	6.87%	4.5	6.6	+12.8%	+7.4%
AMZN	Amazon.com	4.57%	8.24%	7.48%	3.0	23.4	+14.6%	-14.7%
AMD	Advanced Micro Devices	3.34%	1.15%	0.93%	9.8	34.1	+74.4%	+109.6%
GOOGL	Alphabet	3.22%	2.26%	6.44%	7.1	20.4	+23.0%	-27.2%
GOOG	Alphabet	2.98%	2.09%	5.97%	7.1	20.4	+23.0%	-27.2%
AVGO	Broadcom	2.79%	0.80%	1.62%	10.4	19.2	+64.8%	+64.8%
TSLA	Tesla	2.78%	1.62%	0.31%	9.8	153.3	+13.3%	+30.7%
META	Meta Platforms	2.73%	2.57%	3.99%	5.4	17.7	+20.1%	+14.3%
WMT	Walmart	2.21%	12.36%	1.93%	1.1	34.1	+4.4%	+11.7%
INTC	Intel	1.98%	1.49%	—	7.0	48.1	+15.1%	+40.5%
CSCO	Cisco Systems	1.91%	1.81%	1.98%	5.8	20.9	+7.2%	+8.0%
PLTR	Palantir Technologies	1.88%	0.18%	0.46%	37.3	93.3	+49.5%	+40.0%
COST	Costco Wholesale	1.85%	8.63%	1.35%	1.2	40.0	+7.3%	+10.0%
LRCX	Lam Research	1.66%	0.65%	1.06%	10.6	30.8	+19.0%	+22.3%
AMAT	Applied Materials	1.61%	0.89%	1.40%	7.9	25.5	+36.1%	+42.4%
NFLX	Netflix	1.51%	1.45%	2.13%	5.9	20.7	+11.3%	+1.5%
PANW	Palo Alto Networks	1.33%	0.34%	0.14%	18.4	73.3	+14.3%	+18.7%

[1] Total and Top 20 rows are weighted aggregates across constituents.
[2] Forward P/S and P/E ratios use consensus sales and earnings for the 12 months ending 9/30/27. Individual constituent FY1 and FY2 consensus figures adjusted to align with 9/30/27.
[3] Forward Sales and Non-GAAP Earnings Growth are calculated as next fiscal year (FY2) consensus growth over current fiscal year (FY1) consensus. They are not derived from the forward P/S and P/E multiples shown.

Performance for QQQM Top Holdings

Ticker	Holding	Weight	Mkt Price 9/4	1D Rtn	1M Rtn	YTD Rtn	1Y Rtn	3Y Rtn	5Y Rtn	10Y Rtn
QQQM	Invesco NASDAQ 100 ETF	100.00%	296.07	0.2%	0.2%	17.2%	25.5%	93.7%	94.6%
NVDA	NVIDIA	8.39%	230.36	0.8%	5.1%	23.7%	34.4%	375.4%	911.8%	14,760.0%
AAPL	Apple	7.49%	319.97	-2.5%	3.0%	18.0%	33.9%	71.0%	112.6%	1,199.1%
MSFT	Microsoft	6.08%	499.70	-2.0%	2.7%	4.0%	-0.8%	53.3%	72.9%	876.8%
MU	Micron Technology	4.63%	1,016.59	6.1%	13.8%	256.4%	719.8%	1,362.4%	1,312.4%	6,028.8%
AMZN	Amazon.com	4.57%	258.51	-0.2%	-5.2%	12.0%	9.7%	88.3%	48.7%	555.4%
AMD	Advanced Micro Devices	3.34%	477.57	4.7%	-0.9%	123.0%	195.2%	331.1%	334.5%	6,406.4%
GOOGL	Alphabet	3.22%	338.46	-1.1%	-6.6%	8.3%	46.2%	151.7%	137.7%	745.7%
GOOG	Alphabet	2.98%	335.31	-1.0%	-6.8%	7.1%	44.6%	147.6%	133.8%	767.8%
AVGO	Broadcom	2.79%	357.89	0.2%	-14.4%	3.8%	17.8%	325.4%	689.9%	2,590.8%
TSLA	Tesla	2.78%	354.08	-5.9%	10.1%	-21.3%	4.6%	38.0%	44.8%	2,518.5%
META	Meta Platforms	2.73%	616.77	1.0%	4.8%	-6.4%	-17.3%	107.3%	65.4%	379.6%
WMT	Walmart	2.21%	107.14	-1.2%	-4.4%	-3.2%	7.0%	107.0%	129.2%	420.3%
INTC	Intel	1.98%	95.80	4.5%	-5.2%	159.6%	289.3%	165.3%	94.4%	223.3%
CSCO	Cisco Systems	1.91%	109.20	0.5%	-10.1%	43.8%	63.9%	106.4%	111.4%	361.1%
PLTR	Palantir Technologies	1.88%	174.33	-4.5%	10.0%	-1.9%	11.6%	1,046.2%	554.4%
COST	Costco Wholesale	1.85%	915.74	-1.0%	-2.8%	6.7%	-3.6%	74.9%	108.9%	585.8%
LRCX	Lam Research	1.66%	307.65	5.1%	0.1%	80.1%	208.1%	351.0%	430.7%	3,659.5%
AMAT	Applied Materials	1.61%	454.71	4.3%	-14.8%	77.6%	188.9%	203.0%	248.9%	1,587.5%
NFLX	Netflix	1.51%	78.25	-5.3%	5.5%	-16.5%	-37.8%	74.4%	32.5%	681.8%
PANW	Palo Alto Networks	1.33%	333.26	0.4%	-8.1%	80.9%	73.3%	172.0%	327.1%	1,279.3%

Guidance Updates for QQQM Top Holdings

	Ticker	Company	Earnings Date	Guidance Metric	Midpoint Value	% Change	Guidance Change
AMAT_8132026	AMAT	Applied Materials	8/13/2026	Q4 2026 Revenue	10.25 Bil	14.5%	Higher NewNew Guidance Higher than Prior Actual of 8.95 Bil for Q3 2026
AMD_8042026	AMD	Advanced Micro Devices	8/4/2026	Q3 2026 Revenue	13.00 Bil	16.1%	Higher NewNew Guidance Higher than Prior Actual of 11.20 Bil for Q2 2026
AVGO_9022026	AVGO	Broadcom	9/2/2026	Q4 2026 Revenue	34.80 Bil	18.4%	Higher NewNew Guidance Higher than Prior Actual of 29.40 Bil for Q3 2026
INTC_7232026	INTC	Intel	7/23/2026	Q3 2026 Revenue	16.30 Bil	14.0%	Higher NewNew Guidance Higher than Prior Actual of 14.30 Bil for Q2 2026
LRCX_7292026	LRCX	Lam Research	7/29/2026	Q3 2026 Revenue	8.10 Bil	22.7%	Higher NewNew Guidance Higher than Prior Actual of 6.60 Bil for Q2 2026
MU_6242026	MU	Micron Technology	6/24/2026	Q4 2026 Revenue	50.00 Bil	49.3%	Higher NewNew Guidance Higher than Prior Actual of 33.50 Bil for Q3 2026
NVDA_8262026	NVDA	NVIDIA	8/26/2026	Q3 2027 Revenue	108.00 Bil	18.7%	Higher NewNew Guidance Higher than Prior Actual of 91.00 Bil for Q2 2027
PANW_9012026	PANW	Palo Alto Networks	9/1/2026	2027 Revenue	14.15 Bil	23.9%	Higher NewNew Guidance Higher than Prior Actual of 11.42 Bil for 2026
PLTR_8032026	PLTR	Palantir Technologies	8/3/2026	2026 Revenue	8.15 Bil	6.5%	RaisedRaised Prior Guidance of 7.66 Bil for 2026

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
QQQM Return	27%	-33%	55%	26%	21%	17%	137%
Peers Return	22%	-30%	45%	21%	19%	15%	105%
S&P 500 Return	27%	-19%	24%	23%	16%	13%	106%
Monthly Win Rates [3]
QQQM Win Rate	83%	33%	67%	75%	67%	56%
Peers Win Rate	75%	33%	64%	72%	64%	52%
S&P 500 Win Rate	75%	42%	67%	75%	67%	56%
Max Drawdowns [4]
QQQM Max Drawdown	-11%	-35%	-11%	-14%	-23%	-12%
Peers Max Drawdown	-10%	-33%	-12%	-12%	-23%	-13%
S&P 500 Max Drawdown	-5%	-25%	-10%	-8%	-19%	-9%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: QQQ, ONEQ, QQEW.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/4/2026 (YTD)

Sharpe Ratios Compared

One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.

Ticker	1Y	3Y	5Y
QQQM	1.08	0.98	0.54
Equity Top Results (3Y)
IALT	2.08	2.08	2.08
VLUE	2.53	1.42	0.74
SPMO	0.94	1.37	0.79
CORO	1.35	1.33	1.33
CGDV	1.28	1.31	0.94

Results as of 8312026.

Event	QQQM	S&P 500
2025 US Tariff Shock
% Loss	-22.7%	-18.8%
% Gain to Breakeven	29.4%	23.1%
Time to Breakeven	77 days	79 days
2024 Yen Carry Trade Unwind
% Loss	-13.6%	-7.8%
% Gain to Breakeven	15.7%	8.5%
Time to Breakeven	91 days	18 days
2022 Inflation Shock & Fed Tightening
% Loss	-34.7%	-24.5%
% Gain to Breakeven	53.2%	32.4%
Time to Breakeven	424 days	427 days

Compare to QQQ, ONEQ, QQEW

In The Past

Invesco NASDAQ 100 ETF's stock fell -22.7% during the 2025 US Tariff Shock. Such a loss loss requires a 29.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

Event	QQQM	S&P 500
2025 US Tariff Shock
% Loss	-22.7%	-18.8%
% Gain to Breakeven	29.4%	23.1%
Time to Breakeven	77 days	79 days
2022 Inflation Shock & Fed Tightening
% Loss	-34.7%	-24.5%
% Gain to Breakeven	53.2%	32.4%
Time to Breakeven	424 days	427 days

Compare to QQQ, ONEQ, QQEW

In The Past

Invesco NASDAQ 100 ETF's stock fell -22.7% during the 2025 US Tariff Shock. Such a loss loss requires a 29.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

QQQM Dip Buy History

QQQM had 6 events since 10/13/2020 where the dip threshold of -5.0% within 60 days was triggered

31% median peak return within 1 year of dip event
237 days is the median time to peak return after a dip event
-7.4% median max drawdown within 1 year of dip event

60 Day Dip			QQQM Subsequent Performance
Date	QQQM	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			23%	31%	-7%	237
3202026	-6%	-5%			-4%	74
3062025	-6%	-5%	23%	31%	-15%	237
10202023	-6%	-7%	41%	43%	-3%	264
9292022	-6%	-5%	34%	43%	-4%	292
1212022	-7%	-4%	-17%	6%	-25%	67
5122021	-5%	4%	-7%	28%	-7%	191

[1] Dip event defined as first instance dip threshold is triggered within a 60-day time period.
[2] Analysis for period from 1/1/2005 to 9/4/2026

QQQM had 3 events since 10/13/2020 where the dip threshold of -10% within 90 days was triggered

40% median peak return within 1 year of dip event
209 days is the median time to peak return after a dip event
-7.7% median max drawdown within 1 year of dip event

90 Day Dip			QQQM Subsequent Performance
Date	QQQM	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			36%	40%	-8%	209
4032025	-10%	-9%	36%	41%	-8%	209
12062022	-10%	-4%	40%	40%	-8%	349
2232022	-10%	-4%	-11%	13%	-20%	34

[1] Dip event defined as first instance dip threshold is triggered within a 90-day time period.
[2] Analysis for period from 1/1/2005 to 9/4/2026

QQQM had 1 events since 10/13/2020 where the dip threshold of -20% within 180 days was triggered

14% median peak return within 1 year of dip event
96 days is the median time to peak return after a dip event
-10% median max drawdown within 1 year of dip event

180 Day Dip			QQQM Subsequent Performance
Date	QQQM	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			12%	14%	-10%	96
5112022	-22%	-11%	12%	14%	-10%	96

[1] Dip event defined as first instance dip threshold is triggered within a 180-day time period.
[2] Analysis for period from 1/1/2005 to 9/4/2026

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Current Dip Buy Opportunities Across ETFs

ETFs currently down 5% or more from trailing 6M peaks.

Ticker	Name	Dip %	Mkt Price	Price Date	Peak Price	Peak Date	# Days
IWP	iShares Russell Mid-Cap Growth ETF	-5.4%	139.69	9042026	147.70	8172026	18
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	-8.3%	34.20	9042026	37.30	6222026	74
EWY	iShares MSCI South Korea ETF	-13.8%	188.87	9042026	219.20	6212026	75
EWZ	iShares MSCI Brazil ETF	-9.3%	37.86	9042026	41.73	4142026	143
FXI	iShares China Large-Cap ETF	-6.2%	35.88	9042026	38.26	5132026	114
ILF	iShares Latin America 40 ETF	-5.3%	36.07	9042026	38.10	4142026	143
KWEB	KraneShares CSI China Internet ETF	-15.9%	26.05	9042026	30.99	3102026	178
MTUM	iShares MSCI USA Momentum Factor ETF	-11.7%	304.86	9042026	345.22	6222026	74
SPHQ	Invesco S&P 500 Quality ETF	-5.3%	85.32	9042026	90.10	6302026	66
SPMO	Invesco S&P 500 Momentum ETF	-7.4%	149.72	9042026	161.66	6222026	74
URA	Global X Uranium ETF	-20.9%	46.06	9042026	58.26	5062026	121
BOTZ	Global X Funds Global X Robotics & Artificial Intelligence ETF	-13.6%	35.95	9042026	41.63	5132026	114
ROBO	ROBO Global Robotics & Automation Index ETF	-10.8%	80.57	9042026	90.34	6022026	94
LIT	Global X Lithium & Battery Tech ETF	-19.0%	74.18	9042026	91.62	5112026	116
ICLN	iShares Global Clean Energy ETF	-25.2%	17.77	9042026	23.75	6022026	94
ARKQ	ARK Autonomous Technology & Robotics ETF	-15.0%	122.25	9042026	143.82	5282026	99
ARKX	ARK Space & Defense Innovation ETF	-14.6%	32.22	9042026	37.74	5282026	99
NASA	Tema Space Innovators ETF	-43.9%	23.52	9042026	41.89	5272026	100
AGIX	KraneShares Artificial Intelligence ETF	-7.0%	45.93	9042026	49.40	6012026	95
XLK	State Street Technology Select Sector SPDR ETF	-5.5%	187.28	9042026	198.21	6022026	94
XLI	State Street Industrial Select Sector SPDR ETF	-6.0%	175.27	9042026	186.51	8162026	19
XLC	State Street Communication Services Select Sector SPDR ETF	-5.9%	112.03	9042026	119.10	4192026	138
XLY	State Street Consumer Discretionary Select Sector SPDR ETF	-5.9%	114.91	9042026	122.06	5282026	99
XLU	State Street Utilities Select Sector SPDR ETF	-8.6%	43.08	9042026	47.15	4092026	148
IYJ	iShares U.S. Industrials ETF	-5.2%	161.10	9042026	169.86	8042026	31
SMH	VanEck Semiconductor ETF	-15.2%	567.01	9042026	668.91	6222026	74
SOXX	iShares Semiconductor ETF	-20.6%	519.86	9042026	655.01	6222026	74
ITA	iShares U.S. Aerospace & Defense ETF	-10.9%	225.61	9042026	253.22	8162026	19
IGV	iShares Expanded Tech-Software Sector ETF	-5.2%	104.57	9042026	110.32	8272026	8
IYT	iShares U.S. Transportation ETF	-6.5%	84.17	9042026	90.01	7162026	50
MISL	First Trust Indxx Aerospace & Defense ETF	-12.0%	43.53	9042026	49.46	3092026	179
RING	iShares MSCI Global Gold Miners ETF	-6.2%	87.40	9042026	93.17	8252026	10
SOXQ	Invesco PHLX Semiconductor ETF	-19.7%	92.40	9042026	115.11	6222026	74
TLT	iShares 20+ Year Treasury Bond ETF	-6.1%	82.21	9042026	87.52	3092026	179
SPTL	State Street SPDR Portfolio Long Term Treasury ETF	-5.3%	25.12	9042026	26.52	3092026	179
EDV	Vanguard World Funds Extended Duration ETF	-8.9%	60.29	9042026	66.20	3092026	179
GSG	iShares GSCI Commodity	-5.8%	30.01	9042026	31.85	3182026	170
GLD	SPDR Gold Trust	-14.9%	406.77	9042026	477.86	3102026	178
IAU	iShares Gold Trust	-14.1%	84.10	9042026	97.85	3102026	178
GLDM	SPDR Gold MiniShares Trust	-14.7%	87.73	9042026	102.89	3102026	178
SGOL	ETFS Physical Swiss Gold Shares	-9.8%	44.66	9042026	49.53	3102026	178
BAR	Direxion Daily Gold Bull 3X Shares	-13.4%	44.34	9042026	51.20	3102026	178
SLV	iShares Silver Trust	-24.4%	60.55	9042026	80.09	3102026	178
PPLT	ETFS Physical Platinum Shares	-17.5%	16.50	9042026	20.00	3102026	178
CPER	United States Copper Index Fund ETV	-7.7%	33.33	9042026	36.12	3112026	177
PALL	ETFS Physical Palladium Shares	-17.4%	25.31	9042026	30.64	3092026	179
USO	United States Oil Fund LP	-7.2%	141.96	9042026	152.96	5192026	108
UNG	United States Natural Gas Fund LP	-19.0%	10.56	9042026	13.04	3122026	176
BNO	United States Brent Oil Fund LP ETV	-7.1%	55.85	9042026	60.13	5042026	123
SCHH	Schwab U.S. REIT ETF	-5.7%	23.45	9042026	24.86	7262026	40
REET	iShares Global REIT ETF	-5.2%	27.40	9042026	28.89	7262026	40
USRT	iShares Core U.S. REIT ETF	-6.4%	65.34	9042026	69.82	7262026	40

ETF Fund Flows

Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.

Net fund flows · as of 2026-09-04

Asset allocation rotation · Past week

Bond ETFs drew the largest net inflows (+$3.7B), followed by Cash (+$2.7B), while Equity (−$16.8B) and Real Estate (−$104M) saw the largest outflows.
Within the mix, money rotated into Gold (+$1.8B) and out of US Large Cap Core (−$19.3B).
Relative to fund size, LMUB drew the largest inflow (+12.4% of AUM) and PWV the largest outflow (−23.8%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	+$11.8B	+1.1%
2	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$2.04B	+1.9%
3	GLD	SPDR Gold Shares	Commodity Gold	+$1.38B	+0.9%
4	IEFA	iShares Core MSCI EAFE ETF	Equity International Developed Broad	+$1.1B	+0.6%
5	SPSB	State Street SPDR Portfolio Short Term Corporate Bond ETF	Bond Short Corporate	+$781M	+7.4%
6	SCHD	Schwab U.S. Dividend Equity ETF	Equity Dividend Income	+$690M	+0.6%
7	BND	Vanguard Total Bond Market ETF	Bond US Aggregate Core	+$670M	+0.4%
8	IBIT	iShares Bitcoin Trust ETF	Crypto	+$662M	+1.1%
9	AGG	iShares Core U.S. Aggregate Bond ETF	Bond US Aggregate Core	+$632M	+0.5%
10	SMH	VanEck Semiconductor ETF	Equity Industry Subsector	+$628M	+0.9%

#	Ticker	Name	Type	Net flow	% of AUM
1	LMUB	iShares Long-Term National Muni Bond ETF	Bond Municipal	+$221M	+12.4%
2	ALAI	Alger AI Enablers & Adopters ETF	Other	+$120M	+10.7%
3	IYM	iShares U.S. Basic Materials ETF	Equity Broad Sector	+$124M	+10.2%
4	RODM	Hartford Multifactor Developed Markets (ex-US) ETF	Other	+$166M	+10.0%
5	BKAG	BNY Mellon Core Bond ETF	Other	+$207M	+9.2%
6	MOO	VanEck Agribusiness ETF	Other	+$96M	+8.4%
7	SPSB	State Street SPDR Portfolio Short Term Corporate Bond ETF	Bond Short Corporate	+$781M	+7.4%
8	IHF	iShares U.S. Healthcare Providers ETF	Equity Industry Subsector	+$95M	+7.2%
9	NBSD	Neuberger Berman Short Duration Income ETF	Other	+$94M	+7.2%
10	SYSB	iShares Systematic Bond ETF	Other	+$78M	+6.2%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	-$23.75B	-2.7%
2	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	-$4.77B	-0.6%
3	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	-$4.58B	-0.9%
4	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	-$2.93B	-1.7%
5	LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Bond Intermediate Corporate	-$2.05B	-6.8%
6	IGV	iShares Expanded Tech-Software Sector ETF	Equity Industry Subsector	-$953M	-6.6%
7	HYG	iShares iBoxx $ High Yield Corporate Bond ETF	Bond High Yield Corporate	-$716M	-4.6%
8	DRAM	Roundhill Memory ETF	Other	-$695M	-2.7%
9	IWM	iShares Russell 2000 ETF	Equity US Small Cap Core	-$605M	-0.8%
10	GDX	VanEck Gold Miners ETF	Other	-$565M	-1.9%

#	Ticker	Name	Type	Net flow	% of AUM
1	PWV	Invesco Large Cap Value ETF	Other	-$456M	-23.8%
2	USO	United States Oil Fund, LP	Commodity Energy	-$280M	-16.2%
3	XOVR	ERShares Private-Public Crossover ETF	Equity Thematic	-$220M	-14.0%
4	QDF	Northern Trust Quality Dividend ETF	Other	-$284M	-12.7%
5	SNXX	Tradr 2X Long SNDK Daily ETF	Other	-$229M	-12.4%
6	NULV	Nuveen ESG Large-Cap Value	Other	-$313M	-12.3%
7	NUSC	Nuveen ESG Small-Cap ETF	Equity US Small Cap Core	-$124M	-9.6%
8	ICLN	iShares Global Clean Energy ETF	Equity Thematic	-$188M	-9.2%
9	CGMM	Capital Group U.S. Small and Mid Cap ETF	Other	-$250M	-7.3%
10	CORP	PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund	Other	-$99M	-7.1%

Asset allocation rotation · Past month

Bond ETFs drew the largest net inflows (+$20.0B), followed by Equity (+$18.3B), while Real Estate (−$250M) saw the largest outflows.
Within the mix, money rotated into US Nasdaq Growth (+$11.0B) and out of Intermediate Treasury (−$8.7B).
Relative to fund size, CNEQ drew the largest inflow (+88.0% of AUM) and USO the largest outflow (−22.7%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	+$33.91B	+3.3%
2	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$7.79B	+1.6%
3	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$7.42B	+7.1%
4	GLD	SPDR Gold Shares	Commodity Gold	+$6.02B	+4.1%
5	TLT	iShares 20+ Year Treasury Bond ETF	Bond Long Treasury	+$6.0B	+12.9%
6	VGSH	Vanguard Short-Term Treasury ETF	Bond Short Treasury	+$4.71B	+15.3%
7	SCHD	Schwab U.S. Dividend Equity ETF	Equity Dividend Income	+$3.89B	+3.5%
8	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$3.38B	+16.0%
9	IBIT	iShares Bitcoin Trust ETF	Crypto	+$3.19B	+5.8%
10	QQQM this	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$3.19B	+3.1%

#	Ticker	Name	Type	Net flow	% of AUM
1	CNEQ	Alger Concentrated Equity ETF	Other	+$1.55B	+88.0%
2	FINA	Fidelity MSCI North American Subset Index ETF	Other	+$452M	+28.8%
3	USMC	Principal U.S. Mega-Cap ETF	Other	+$1.4B	+27.7%
4	ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	Other	+$441M	+27.0%
5	BFLX	iShares Flexible Equity Active ETF	Other	+$474M	+23.2%
6	BKGI	BNY Mellon Global Infrastructure Income ETF	Other	+$304M	+22.4%
7	ZROZ	PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund	Other	+$337M	+20.9%
8	SPTS	State Street SPDR Portfolio Short Term Treasury ETF	Bond Short Treasury	+$1.25B	+20.5%
9	SCHO	Schwab Short-Term U.S. Treasury ETF	Bond Short Treasury	+$2.46B	+18.8%
10	ETHA	iShares Ethereum Trust ETF	Crypto	+$1.35B	+18.3%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	-$38.36B	-4.3%
2	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$4.87B	-11.3%
3	SPY	State Street SPDR S&P 500 ETF	Equity US Large Cap Core	-$4.3B	-0.5%
4	XLF	State Street Financial Select Sector SPDR ETF	Equity Broad Sector	-$4.02B	-7.2%
5	LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Bond Intermediate Corporate	-$2.52B	-7.7%
6	VGIT	Vanguard Intermediate-Term Treasury ETF	Bond Intermediate Treasury	-$2.37B	-5.6%
7	HYG	iShares iBoxx $ High Yield Corporate Bond ETF	Bond High Yield Corporate	-$2.28B	-13.5%
8	DIA	State Street SPDR Dow Jones Industrial Average ETF Trust	Equity US Large Concentrated	-$1.78B	-3.9%
9	GOVT	iShares U.S. Treasury Bond ETF	Bond Intermediate Treasury	-$1.73B	-4.0%
10	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	-$1.62B	-3.8%

#	Ticker	Name	Type	Net flow	% of AUM
1	USO	United States Oil Fund, LP	Commodity Energy	-$427M	-22.7%
2	XOVR	ERShares Private-Public Crossover ETF	Equity Thematic	-$405M	-21.8%
3	SNXX	Tradr 2X Long SNDK Daily ETF	Other	-$382M	-21.1%
4	TAN	Invesco Solar ETF	Other	-$244M	-18.9%
5	RSPN	Invesco S&P 500 Equal Weight Industrials ETF	Other	-$189M	-17.8%
6	XNTK	State Street SPDR NYSE Technology ETF	Other	-$315M	-15.8%
7	CORP	PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund	Other	-$222M	-15.2%
8	HYG	iShares iBoxx $ High Yield Corporate Bond ETF	Bond High Yield Corporate	-$2.28B	-13.5%
9	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$4.87B	-11.3%
10	HODL	VanEck Bitcoin ETF	Other	-$121M	-10.9%

Asset allocation rotation · Past 3 months

Equity ETFs drew the largest net inflows (+$138.4B), followed by Bond (+$63.8B), with every major asset class in net inflows.
Within the mix, money rotated into US Nasdaq Growth (+$17.9B) and out of Intermediate Treasury (−$4.3B).
Relative to fund size, BFLX drew the largest inflow (+131.7% of AUM) and NASA the largest outflow (−50.2%).

Largest inflows

#	Ticker	Name	Type	Net flow	% of AUM
1	SPYM	State Street SPDR Portfolio S&P 500 ETF	Equity US Large Cap Core	+$16.54B	+10.3%
2	VTI	Vanguard Morningstar Total Stock Market ETF	Equity US Total Market	+$14.58B	+2.2%
3	SGOV	iShares 0-3 Month Treasury Bond ETF	Cash	+$14.5B	+14.6%
4	DRAM	Roundhill Memory ETF	Other	+$13.33B	+54.7%
5	SCHD	Schwab U.S. Dividend Equity ETF	Equity Dividend Income	+$10.07B	+10.0%
6	QQQM this	Invesco NASDAQ 100 ETF	Equity US Nasdaq Growth	+$9.88B	+9.9%
7	SOXX	iShares Semiconductor ETF	Equity Industry Subsector	+$9.24B	+21.2%
8	QQQ	Invesco QQQ Trust, Series 1	Equity US Nasdaq Growth	+$7.98B	+1.7%
9	BND	Vanguard Total Bond Market ETF	Bond US Aggregate Core	+$7.78B	+4.8%
10	VXUS	Vanguard Total International Stock ETF	Equity International Broad	+$7.76B	+5.0%

#	Ticker	Name	Type	Net flow	% of AUM
1	BFLX	iShares Flexible Equity Active ETF	Other	+$2.08B	+131.7%
2	ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	Other	+$1.21B	+96.9%
3	SNXX	Tradr 2X Long SNDK Daily ETF	Other	+$1.38B	+60.0%
4	ARKQ	ARK Autonomous Technology & Robotics ETF	Equity Thematic	+$1.13B	+56.2% ⚠
5	DRAM	Roundhill Memory ETF	Other	+$13.33B	+54.7%
6	FINA	Fidelity MSCI North American Subset Index ETF	Other	+$792M	+54.6% ⚠
7	FLKR	Franklin FTSE South Korea ETF	Other	+$703M	+52.9%
8	CBOX		Other	+$572M	+47.1%
9	AVLV	Avantis U.S. Large Cap Value ETF	Other	+$7.54B	+42.8%
10	EWI	iShares MSCI Italy ETF	Other	+$420M	+42.0%

Largest outflows

#	Ticker	Name	Type	Net flow	% of AUM
1	VOO	Vanguard S&P 500 ETF	Equity US Large Cap Core	-$6.55B	-0.7%
2	IVV	iShares Core S&P 500 ETF	Equity US Large Cap Core	-$6.33B	-0.7%
3	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$4.87B	-49.9%
4	IEF	iShares 7-10 Year Treasury Bond ETF	Bond Intermediate Treasury	-$4.25B	-9.0%
5	IGV	iShares Expanded Tech-Software Sector ETF	Equity Industry Subsector	-$2.87B	-20.6%
6	IAU	iShares Gold Trust	Commodity Gold	-$2.18B	-3.5%
7	VO	Vanguard Morningstar Mid-Cap ETF	Equity US Mid Cap Core	-$1.81B	-1.7%
8	IQMM	ProShares - GENIUS Money Market ETF	Other	-$1.79B	-9.3%
9	EWZ	iShares MSCI Brazil ETF	Equity Emerging Markets	-$1.77B	-19.7%
10	SCZ	iShares MSCI EAFE Small-Cap ETF	Equity International Small Cap	-$1.73B	-12.9%

#	Ticker	Name	Type	Net flow	% of AUM
1	NASA	Tema Space Innovators ETF	Equity Thematic	-$599M	-50.2%
2	VLUE	iShares MSCI USA Value Factor ETF	Equity Factor Smart Beta	-$4.87B	-49.9%
3	FTXL	First Trust Nasdaq Semiconductor ETF	Other	-$978M	-44.1%
4	XOVR	ERShares Private-Public Crossover ETF	Equity Thematic	-$706M	-37.0%
5	TAN	Invesco Solar ETF	Other	-$524M	-34.3%
6	FXI	iShares China Large-Cap ETF	Equity Emerging Markets	-$1.26B	-29.2%
7	ICLN	iShares Global Clean Energy ETF	Equity Thematic	-$566M	-23.3%
8	LCTU	iShares U.S. Carbon Transition Readiness Aware Active ETF	Other	-$274M	-21.8%
9	RING	iShares MSCI Global Gold Miners ETF	Equity Industry Subsector	-$477M	-20.7%
10	IGV	iShares Expanded Tech-Software Sector ETF	Equity Industry Subsector	-$2.87B	-20.6%

Largest ETF fund flows across ~2629 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.

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About QQQM

Holdings Count: 104
Expense Ratio: 0.15%
Inception Date: 2020-10-13

Invesco NASDAQ 100 ETF
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. (“Nasdaq” or the “index provider”) compiles, maintains and calculates the underlying index, which includes securities of 100 of the largest domestic and international nonfinancial companies listed on The Nasdaq Stock Market LLC based on market capitalization. It is non-diversified.
Asset Class: Equity | ETF Website

Latest Trefis Analyses

	Title	Date
0	DASHBOARDS
1	QQQM Is Priced for Perfection. Can Its Holdings Deliver?	08/05/2026
2	What Future Earnings Are QQQM's Companies Forecasting?	06/27/2026

	Title
0	ARTICLES

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
NX	Quanex Building Products	1.0	22.2%	50.5%
TYRA	Tyra Biosciences	1.9	15.2%	9.0%
AEHR	Aehr Test Systems	2.8	13.1%	327.2%
SNDK	SanDisk	255.8	11.9%	633.0%
GOLD	Gold.com	1.3	11.2%	36.6%
PSIX	Power Solutions International	0.9	11.2%	-29.1%
EOSE	Eos Energy Enterprises	1.3	10.9%	-66.1%
COHU	Cohu	2.4	10.3%	118.0%
CBRS	Cerebras Systems	31.7	10.3%	-32.5%
ALAB	Astera Labs	53.5	9.8%	86.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
GWRE	Guidewire Software	13.7	-19.9%	-19.2%
LULU	Lululemon Athletica	11.6	-17.4%	-51.6%
FICO	Fair Isaac	21.1	-16.7%	-44.9%
PATH	UiPath	8.0	-16.6%	-7.3%
OXM	Oxford Industries	0.5	-15.7%	-5.2%
ABTC	American Bitcoin	0.6	-14.5%	-68.7%
ASAN	Asana	2.1	-12.7%	-35.7%
NXTT	Next Technology	0.8	-11.3%	-12.8%
BALY	Ballys	0.6	-10.7%	-44.7%
TRON	Tron	0.7	-9.8%	19.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
SMMT	Summit Therapeutics	13.7	28.2%	0.7%
TARS	Tarsus Pharmaceuticals	3.9	26.5%	10.9%
CNH	CNH Industrial	17.8	23.3%	57.7%
FRVO	Fervo Energy	2.9	23.0%	-50.3%
BE	Bloom Energy	72.6	20.0%	191.0%
EOSE	Eos Energy Enterprises	1.3	19.0%	-66.1%
NX	Quanex Building Products	1.0	18.1%	50.5%
ODTX	Odyssey Therapeutics	0.9	18.1%	75.2%
SECZ	Securitize	1.1	18.0%	-39.7%
HUT	Hut 8	11.1	17.8%	103.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
ADBT	Advasa	0.2	-93.3%	-94.7%
ALMS	Alumis	1.4	-50.4%	13.7%
RARE	Ultragenyx Pharmaceutical	1.6	-40.3%	-33.5%
TRON	Tron	0.7	-28.8%	19.4%
CXM	Sprinklr	1.4	-27.6%	-24.0%
CRDO	Credo Technology	31.5	-26.7%	18.5%
ENOV	Enovis	1.1	-25.5%	-30.3%
GWRE	Guidewire Software	13.7	-21.1%	-19.2%
OXM	Oxford Industries	0.5	-19.4%	-5.2%
FICO	Fair Isaac	21.1	-19.2%	-44.9%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
NXTT	Next Technology	0.8	532.2%	-12.8%
MRNA	Moderna	57.9	170.2%	393.6%
CAPR	Capricor Therapeutics	0.5	124.9%	-67.4%
QMCO	Quantum	0.5	111.7%	283.4%
OABI	OmniAb	0.6	93.3%	134.1%
SENS	Senseonics	0.6	87.0%	74.5%
PURR	Hyperliquid Strategies	1.5	82.6%	242.1%
HTFL	HeartFlow	4.2	79.9%	67.8%
STDN	Standard Nuclear	2.4	79.3%	19.5%
ABCL	AbCellera Biologics	3.5	75.0%	234.2%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
ALMS	Alumis	1.4	-60.1%	13.7%
IESC	IES	12.9	-47.4%	-17.1%
LASR	nLight	2.3	-46.9%	6.8%
CDNL	Cardinal Infrastructure	0.6	-41.8%	50.7%
RARE	Ultragenyx Pharmaceutical	1.6	-40.7%	-33.5%
AADX	Applied Aerospace & Defense	1.9	-39.2%	-32.0%
AEVA	Aeva Technologies	1.0	-37.9%	18.1%
FTK	Flotek Industries	0.9	-35.4%	36.6%
LINC	Lincoln Educational Services	0.8	-34.8%	6.2%
RXT	Rackspace Technology	0.8	-33.8%	228.6%

Peer Comparisons

Peers to compare with:

Profile

	QQQM	QQQ	ONEQ	QQEW	Median
Name	Invesco NA.	Invesco QQ.	Fidelity N.	First Trus.
Asset Class	Equity	Equity	Equity	Equity	-
AUM ($ Bil)	104.2	489.0	10.3	1.9	57.3
Expense Ratio	0.15%	0.18%	0.21%	0.55%	0.19%
10-D Avg Volume (Mil)	3.76	41.17	0.35	0.04	2.05
Latest Day Volume (Mil)	0.77	9.85	0.05	0.00	0.41
Holdings Count	104	103	1,046	102	104
Inception Date	10/13/2020	3/10/1999	9/25/2003	4/19/2006	-

Fundamentals

	QQQM	QQQ	ONEQ	QQEW	Median
Name	Invesco NA.	Invesco QQ.	Fidelity N.	First Trus.
Net Asset Value	294.93	716.88	104.05	165.55	-
Premium/Discount	0.4%	0.3%	0.4%	-2.5%	0.3%
Distribution Yield	0.4%	0.4%	0.5%	0.3%	0.4%
Sales Yield	15.9%	15.8%	17.9%	-	15.9%
Earnings Yield	3.0%	3.0%	3.3%	-	3.0%

Valuation

	QQQM	QQQ	ONEQ	QQEW	Median
Name	Invesco NA.	Invesco QQ.	Fidelity N.	First Trus.
P/S (TTM)	6.3x	6.3x	5.6x	-	6.3x
P/E (TTM)	32.8x	32.9x	30.4x	-	32.8x
P/FCF (TTM)	46.9x	47.1x	53.0x	-	47.1x
Forward P/E	21.5x	21.4x	21.9x	-	21.5x
Forward P/S	5.1x	5.1x	4.6x	-	5.1x

Risk

	QQQM	QQQ	ONEQ	QQEW	Median
Name	Invesco NA.	Invesco QQ.	Fidelity N.	First Trus.
Volatility (1Y)	19.4%	19.6%	18.3%	18.8%	19.1%
Volatility (3Y)	20.3%	20.4%	20.3%	18.6%	20.3%
Volatility (5Y)	22.8%	22.9%	22.5%	21.1%	22.6%
Beta (1Y)	1.41	1.42	1.37	1.22	1.39
Beta (3Y)	1.28	1.29	1.30	1.13	1.29
Beta (5Y)	1.28	1.28	1.27	1.16	1.27
Sharpe Ratio (1Y)	1.26	1.25	1.21	1.02	1.23
Sharpe Ratio (3Y)	1.19	1.18	1.18	0.82	1.18
Sharpe Ratio (5Y)	0.71	0.70	0.65	0.43	0.68
Max Drawdown (1Y)	-12.0%	-12.0%	-12.8%	-15.8%	-12.4%
Max Drawdown (3Y)	-22.7%	-22.8%	-24.1%	-21.4%	-22.7%
Max Drawdown (5Y)	-35.0%	-35.1%	-35.2%	-32.1%	-35.1%

Returns

	QQQM	QQQ	ONEQ	QQEW	Median
Name	Invesco NA.	Invesco QQ.	Fidelity N.	First Trus.
1M Return	0.6%	0.6%	0.6%	1.3%	0.6%
3M Return	2.0%	2.0%	3.1%	6.2%	2.5%
6M Return	20.0%	20.0%	18.6%	21.1%	20.0%
YTD Return	17.2%	17.2%	14.4%	13.5%	15.8%
1Y Return	25.5%	25.5%	22.7%	18.9%	24.1%
2Y Return	52.5%	52.4%	51.2%	30.6%	51.8%
3Y Return	94.3%	93.9%	92.9%	50.5%	93.4%

Short Interest

Short Interest: As Of Date	8142026
Short Interest: Shares Quantity	2.3 Mil
Short Interest: % Change Since 7312026	-24.4%
Average Daily Volume	3.4 Mil
Days-to-Cover Short Interest	1

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Invesco NASDAQ 100 ETF (QQQM)

Market Price (9/5/2026): $295.64

Invesco NASDAQ 100 ETF (QQQM)

Market Price (9/5/2026): $295.64

Key Takeaways

Price Chart

Asset Allocation with QQQM

Valuation & Yield

Top 20 Holdings for QQQM

Performance for QQQM Top Holdings

Guidance Updates for QQQM Top Holdings

Return vs. Risk

Price Returns Compared

Sharpe Ratios Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

In The Past

Preserve Wealth

Asset Allocation

QQQM Dip Buy History

Current Dip Buy Opportunities Across ETFs

ETF Fund Flows

Asset allocation rotation · Past week

Asset allocation rotation · Past month

Asset allocation rotation · Past 3 months

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