QQQJ: The Marketing Story Doesn't Match The Fund (Rating Downgrade)
The Invesco NASDAQ Next Gen 100 ETF aims to capture high-growth stocks before they enter the Nasdaq 100. The ETF includes stocks trending up and down, making it unreliable for consistently capturing rising stars. Despite compelling marketing, the fund is essentially a Nasdaq mid-cap index, not a reliable predictor of future Nasdaq 100 entrants.
Holiday Shopping Could Boost This ETF
With Thanksgiving in the rearview mirror the 2024 holiday shopping season is ramping up in earnest and as measured by the distance from Thanksgiving to Christmas — just 27 days — it's the shortest a holiday shopping season can be.
Should Invesco NASDAQ Next Gen 100 ETF (QQQJ) Be on Your Investing Radar?
Launched on 10/13/2020, the Invesco NASDAQ Next Gen 100 ETF (QQQJ) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Growth segment of the US equity market.
QQQJ: There's No 'Next Generation' Here
Investing in Invesco NASDAQ Next Gen 100 ETF is not ideal due to its mix of future potential and "fallen" Nasdaq 100 stocks. The ETF's structure, with only 39% 'graduates' doesn't justify its inclusion in a portfolio. QQQJ's performance is less profitable and more volatile compared to other mid-cap ETFs like iShares Russell Mid-Cap ETF.
Should Invesco NASDAQ Next Gen 100 ETF (QQQJ) Be on Your Investing Radar?
If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Invesco NASDAQ Next Gen 100 ETF (QQQJ), a passively managed exchange traded fund launched on 10/13/2020.
Should Invesco NASDAQ Next Gen 100 ETF (QQQJ) Be on Your Investing Radar?
The Invesco NASDAQ Next Gen 100 ETF (QQQJ) was launched on 10/13/2020, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
QQQJ: Hype Won't Save These Nasdaq Next Gen Stocks
QQQJ tracks the 101-200 largest non-financial stocks in the Nasdaq. Its expense ratio is 0.15% and the ETF has $667 million in assets under management. The "Next Gen" marketing is great, but the stocks are not. QQQJ has substantially lagged behind other mid-cap peers, and its fundamentals don't give much hope for a turnaround. I found weaknesses in growth, value, and earnings momentum that should give prospective shareholders pause. As alternatives, the metrics for XMHQ, XMVM, and SPMD are more compelling for different reasons.
Some Great, Overlooked Tech Gems Found in This ETF
The largest tech and communication services equities are commanding significant attention due to AI ebullience. So it's understandable that some market participants are hyperfocused on those names.
Should Invesco NASDAQ Next Gen 100 ETF (QQQJ) Be on Your Investing Radar?
Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the Invesco NASDAQ Next Gen 100 ETF (QQQJ), a passively managed exchange traded fund launched on 10/13/2020.
