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ETFs

Invesco Exchange-Traded Fund Trust II Invesco ESG NASDAQ 100 ETF

QQMG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 27 2021
Expense Ratio
0.20%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$252,533
AUM
$20,638,313
Associated Index
NASDAQ-100 ESG Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
13.08%
MSFT
Microsoft Corporation
12.21%
NVDA
NVIDIA Corp
5.70%
AVGO
Broadcom Inc
3.09%
ADBE
Adobe Inc
2.83%
CSCO
Cisco Systems, Inc.
2.72%
PEP
PepsiCo Inc
2.66%
AMZN
Amazon.com Inc.
2.65%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
2.56%
GOOG
Alphabet Inc - Ordinary Shares - Class C
2.52%
Invest with QQMG

What is QQMG?

The Invesco ESG NASDAQ 100 ETF (Fund) is based on the Nasdaq-100 ESG Index (Index). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index is designed to measure the performance of companies included in the Nasdaq-100 Index that also meet environmental, social and governance ( ESG ) criteria. To satisfy the ESG criteria, an issuer must not be involved in certain specific business activities, such as alcohol, cannabis, controversial weapons, gambling, military weapons, nuclear power, oil & gas, and tobacco. Additionally, an issuer must be deemed compliant with the United Nations Global Compact principles, meet business controversy level requirements, and have an ESG Risk Rating Score that meets the requirements for inclusion in the Index. The Fund and Index are rebalanced quarterly and quarterly in March, June, September, and December.

ETFs related toQQMG

ETFs correlated to QQMG include QLD, QQQ, TQQQ

QQMG
Invesco Exchange-Traded Fund Trust II - Invesco ESG NASDAQ 100 ETF
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
IYW
BlackRock Institutional Trust Company N.A. - iShares U.S. Technology ETF
MGK
Vanguard Group, Inc. - Vanguard Mega Cap Growth ETF
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
IWY
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Growth ETF
VGT
Vanguard Group, Inc. - Vanguard Information Technology ETF
FTEC
Fidelity Covington Trust - Fidelity MSCI Information Technology Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toQQMG

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with QQMG using Composer

FAQ

QQMG is a US Equities ETF. The Invesco ESG NASDAQ 100 ETF (Fund) is based on the Nasdaq-100 ESG Index (Index). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index is designed to measure the performance of companies included in the Nasdaq-100 Index that also meet environmental, social and governance ( ESG ) criteria. To satisfy the ESG criteria, an issuer must not be involved in certain specific business activities, such as alcohol, cannabis, controversial weapons, gambling, military weapons, nuclear power, oil & gas, and tobacco. Additionally, an issuer must be deemed compliant with the United Nations Global Compact principles, meet business controversy level requirements, and have an ESG Risk Rating Score that meets the requirements for inclusion in the Index. The Fund and Index are rebalanced quarterly and quarterly in March, June, September, and December.

QQMG tracks the NASDAQ-100 ESG Index.

No, QQMG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, QQMG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on QQMG is -0.0115%. This is the percent change in the value of QQMG over the most recent 1-month period. The 3-month return on QQMG is 0.0056%. This is the percent change in the value of QQMG over the most recent 3-month period.

The standard deviation of QQMG for the past year is 0.2341%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to QQMG include QQJG, SPHQ, and DSI.

ETFs correlated to QQMG include QLD, QQQ, and TQQQ.

ETFs that are inversely correlated to QQMG include QID, SQQQ, and PSQ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.