Invesco NASDAQ Next Gen 100 ETF

Frequently Asked Questions About QQQJ

What does QQQJ invest in?

The Invesco NASDAQ Next Gen 100 Fund (QQQJ) is an exchange-traded fund structured to mirror the performance of the NASDAQ Next Generation 100 Index. This Fund commits a minimum of 90% of its total assets to the securities that make up this index, focusing on companies ranked from the 101st to the 200th largest by market capitalization on the NASDAQ exchange. As a result, its investment portfolio frequently exhibits a strong concentration in mid-capitalization equities. The underlying Index itself identifies the next cohort of 100 significant non-financial companies listed on Nasdaq, specifically those that are not already members of the NASDAQ-100 Index. Both the Fund and its benchmark Index are rebalanced on a quarterly basis and fully reconstituted once each year.

What is the expense ratio of QQQJ?

Invesco NASDAQ Next Gen 100 ETF (QQQJ) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QQQJ?

Invesco NASDAQ Next Gen 100 ETF (QQQJ) manages $1.18B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is QQQJ actively managed or an index fund?

QQQJ is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (QQQJ's is 0.15%) because there's no security selection cost.

When was QQQJ launched?

Invesco NASDAQ Next Gen 100 ETF (QQQJ) launched in October 2020 and is managed by Invesco.

How has QQQJ performed?

QQQJ's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.