Exchange-Traded Funds Research
Exchange-Traded Funds Quotes & Research Tools

Invesco QQQ Trust QQQ:NASDAQ

Last Price Today's Change Today's Volume Schwab Report CardSchwab Report Card
$372.65 +3.71 (1.01%) 33,800,865 Below Avg. 
As of close 10/18/2021

Fund Performance

 

Fund Strategy

The investment seeks investment results that generally correspond to the price and yield performance of the NASDAQ-100 Index®.To maintain the correspondence between the composition and weights of the securities in the trust (the "securities") and the stocks in the NASDAQ-100 Index®, the adviser adjusts the securities from time to time to conform to periodic changes in the identity and/or relative weights of index securities. The composition and weighting of the securities portion of a portfolio deposit are also adjusted to conform to changes in the index.

Additional Information
Additional Information

Holdings: ETFs offer investors an interest in a portfolio of securities and other underlying assets and are therefore quite similar to mutual funds. One unique ETF feature is transparency, allowing investors to see the underlying portfolio securities on a daily basis.

:
Details as of close 10/18/2021
Today's Open$367.61
Previous Close$368.94
Day's Range$366.99 - $372.87
52 Week Range$266.97 - $382.778
Closing NAV 10/15/2021$368.95
Premium/Discount 10/15/20210.00%
Avg. Volume (10 Day)46,476,575
Put/Call Ratio (1 Day)1.0
Put/Call Ratio (30 Day)0.2
Distributions & Yields
Next Dividend Payment$0.4139
Next Pay DateOct 29, 2021
Previous Ex-DateSep 20, 2021
Distribution Yield TTM  
Distribution Yield is the Trailing 12-Month End Yield - Morningstar computes this figure by summing the trailing 12-month's income distributions and dividing the sum by the last month's ending Net Asst Value (NAV), plus capital gains distributed over the same time period. Income refers only to interest payments from fixed-income securities and dividend payments from common stocks.

Calculated at month end:
Income

(NAV + Capital Gains)

x 100%

0.49%
SEC Yield (30 Day)0.47%
Fund Profile
Fund TypeExchange Traded FundTotal Assets$181.8B
Inception03/10/1999Gross Expense Ratio0.20%
Total Holdings103Net Expense Ratio0.20%
 
Leveraged Exchange Traded Products

Leveraged ETPs (exchange-traded products) typically use derivatives to attempt to multiply the returns of the underlying index each day. These securities trade much differently than other ETPs. They have the propensity to be more volatile and are inherently riskier than their non-leveraged counterparts. It is important to remember that these securities are generally designed for daily use only, and are generally not intended to be held overnight, because their returns over longer periods generally do not match the ETP’s multiple of the underlying index over those periods. These funds are not appropriate for most investors.


Leveraged Closed-end Funds

Funds that borrow money to purchase more assets in this way will generally move up more than the market when the market rises and move down farther than the market when the market falls. Bond funds that use leverage have the potential to increase the amount of income that they pay out, but at the cost of larger drops in value during a falling market. Leverage inherently increases the level of risk in a portfolio.

NoPortfolio Turnover8%
 
For ETFs, this refers to the number of times the fund is long or short the index to explain its leverage factor. For example,
-300 means that the ETF is short 3 times the index.
-- 
Socially Responsible Investing

Socially Responsible Investing is the umbrella term Schwab uses to encompass some of the common investment approaches that incorporate environmental and social considerations:

  • Values-based investing, which is an investment approach that excludes certain sectors or types of companies, such as tobacco, firearms, or fossil fuels companies.
  • ESG investing, which considers environmental, social, and governance factors when determining the future risk and return of investments.
  • Impact investing, which explicitly deploys investment dollars in an effort to directly achieve desired outcomes. Examples include financing loans to low-income homebuyers, funding projects to reduce air pollution at factories, and buying stock in a company in an effort to put positive shareholder initiatives on proxy ballots.

0620-0V9P

No
Fund CompanyInvescoActive Semi-transparent 
Active Semi-transparent ETFs

Active semi-transparent ETFs reveal full portfolio holdings only on a monthly or quarterly basis, not daily like traditional ETFs. There are different degrees of transparency as some firms will not disclose any daily holdings and others will reveal holdings daily, but shield certain positions and weights. Certain active semi-transparent ETFs may not be available for purchase or custody at Schwab.

1120-0XLE

No
Morningstar Category 
Large-growth funds invest in big companies that are projected to grow faster than other large-cap stocks. Most of these funds focus on companies in rapidly expanding industries.
Large Growth 

Buffer ETFs provide investors with the opportunity to participate in the upside of an asset’s risk while giving investors some level of downside protection during a stated outcome period (typically one year). An upside return cap represents the maximum percentage of return an investor can achieve, and an investor will not participate in any excess returns above the cap. Buffer ETFs may limit an investor’s losses up to an ETF’s stated buffer limit; however, in the event of a decline in the underlying investments in excess of the buffer limit, the investor can experience those losses. Return cap and downside buffer levels for a Buffer ETF are established at the beginning of each outcome period and will likely differ from the prior outcome period. Buffer ETFs invest primarily in FLexible EXchange (“FLEX”) options to employ a structured or defined outcome strategy.

0721-13DB

No
Quarterly Total Return as of 09/30/2021
 Annualized
Trend
1,5,10 Year
Annualized Returns
Description1 Year5 Year10 YearInception
03/1999
QQQ Market Price
+29.5%+25.7%+22.4%+9.7%
QQQ NAV
+29.3%+25.7%+22.4%+9.7%
Large GrowthMorningstar Category
+26.6%+20.7%+17.9%--
S&P 500 TR USDBroad-Based Index
+30.0%+16.9%+16.6%+11.1%
Russell 1000 Growth TR USDBest Fit Index
+27.3%+22.8%+19.7%+12.3%
Datasource: Morningstar
All performance periods are based on closing daily prices.
View Performance

Top 10 Holdings as of 10/17/2021

Symbol
Description
% of Net Assets
Sector
YTD
Chg. %
AAPLApple Inc
  • 10.9%
Information T...+9.2%
MSFTMicrosoft Corp
  • 10.4%
Information T...+36.8%
AMZNAmazon.com Inc
  • 7.9%
Consumer Disc...+4.7%
TSLATesla Inc
  • 4.8%
Consumer Disc...+19.5%
GOOGAlphabet Inc Class C
  • 4.1%
Communication...+61.7%
GOOGLAlphabet Inc Class A
  • 3.9%
Communication...+61.3%
NVDANVIDIA Corp
  • 3.8%
Information T...+67.5%
FBFacebook Inc Class A
  • 3.5%
Communication...+18.9%
PYPLPayPal Holdings Inc
  • 2.2%
Information T...+14.6%
ADBEAdobe Inc
  • 2.0%
Information T...+22.0%
% of portfolio in top 10 holdings: 53.51%
View Portfolio, All Holdings

Investment Style & Rating

Morningstar Investment Style

Large
MidMarket Cap
Small
ValueBlendGrowth
Investment Style
Style Box is calculated only using the long position holdings of the portfolio.
Large Growth
Large-growth funds invest in big companies that are projected to grow faster than other large-cap stocks. Most of these funds focus on companies in rapidly expanding industries.

Morningstar Rating Rating as of 09/30/21

Overall Rating
Out of 1133 Funds
3 Year Rating
Out of 1133 Funds
5 Year Rating
Out of 1024 Funds
10 Year Rating
Out of 762 Funds
Historic Return
High
Historic Risk
Above Average

Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weighted average of the fund's 3, 5 and 10 year (Morningstar Rating) metrics.

 
New to Schwab?
  or call 800-435-4000
Already a Schwab Client?
Login    
  to view our full client offering

Schwab's Financial and Other Relationships with certain ETFs

As your agreement for the receipt and use of market data provides, the securities markets (1) reserve all rights to the market data that they make available; (2) do not guarantee that data; and (3) shall not be liable for any loss due either to their negligence or to any cause beyond their reasonable control.

Performance data quoted represents past performance and does not indicate future results. Investment returns will fluctuate and are subject to market volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV). Current performance may be lower or higher. See the Performance tab for updated monthly returns.

Investors should consider carefully information contained in the prospectus or, if available, the summary prospectus, including investment objectives, risks, charges and expenses. You can request a prospectus by calling 800-435-4000. Please read the prospectus carefully before investing.

Investment returns will fluctuate and are subject to market volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV).

ETFs at Charles Schwab & Co., Inc. ("Schwab") can be traded without a commission on buy and sell transactions made online in a Schwab account. Schwab does not receive payment to promote any particular ETF to its customers. Schwab's affiliate Charles Schwab Investment Management, Inc. ("CSIM") serves as investment advisor to the Schwab ETFs™, which compensate CSIM out of the applicable operating expense ratios. The amount of the fees is disclosed in the prospectus of each ETF.

Schwab receives remuneration from active semi-transparent ETFs or their sponsors for platform support and technology, shareholder communications, reporting, and similar administrative services for active semi-transparent ETFs available at Schwab. This fee will vary, but typically is an asset-based fee of 0.10% per annum of the assets held at Schwab.

Conditions Apply: Trades in ETFs are available without commissions when placed online in a Schwab account. Trade orders placed through a broker will receive the negotiated broker-assisted rate. An exchange processing fee applies to sell transactions. All ETFs are subject to management fees and expenses. Please see pricing guide for additional information.

The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Morningstar Ratings do not take into account sales loads that may apply to certain third party funds. The Overall Morningstar Ratings are derived from a weighted average of the risk adjusted performance figures associated with a Fund's 3-, 5-, and 10-year (if applicable) Morningstar Rating™ metrics.

The Global Industry Classification Standard (GICS) was developed by and is the exclusive property of Morgan Stanley Capital International Inc. and S&P Global. GICS is a service mark of MSCI and S&P Global and has been licensed for use by Schwab.

The news sources used on Schwab.com come from independent third parties. Schwab is not affiliated with any of the news content providers. Schwab is not responsible for the content, and does not write or control which particular article appears on its website.

Charles Schwab Investment Advisory, Inc. ("CSIA") is an affiliate of Charles Schwab & Co., Inc. ("Schwab"). Schwab ETFs are distributed by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated with The Charles Schwab Corporation or any of its affiliates.

(0811-4794, 0813-5488, 1016-N2DC, 1017-7KFC, 1019-95HX, 0620-0EYJ, 0721-13DB, 0821-1ET8)