Snapshot*
Top 10 Holdings
What is QQQ?
Invesco QQQ is an exchange-traded fund based on the Nasdaq-100 Index. The Fund will, under most circumstances, consist of all of stocks in the Index. The Index includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization. The Fund and the Index are rebalanced quarterly and reconstituted annually.
ETFs related toQQQ
ETFs correlated to QQQ include QLD, TQQQ, QQQM
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 toQQQ
Buy the Dips: Nasdaq 100
The Not Boring: Rising Rates with Vol Switch
Create your own algorithmic trading strategy with QQQ using Composer
News Related to QQQ
Dollar Slips To A Three-Year Low Below 98-Mark: 'Higher Rates Are Not Supporting The Dollar,' Says Expert
Apr 21, 2025 • by Rishabh Mishra
S&P 500 'Approaching Bubble Territory:' US Stocks Remain Historically Overvalued Despite Recent Correction, Says Market Researcher
Apr 21, 2025 • by Rishabh Mishra
US Stocks Likely To Open Lower: 'Best And Worst Days Tend To Occur Near The Same Time,' Says Expert
Apr 21, 2025 • by Rishabh Mishra
Xi Jinping's China Pledges Retaliation Against Countries Isolating Beijing By Giving Into Trump Administration's 'Unilateral Bullying,' Says It Will 'Never Accept It'
Apr 21, 2025 • by Rishabh Mishra
FAQ
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.