QOWZ

Invesco Nasdaq Free Cash Flow Achievers ETF

$35.34

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Invesco Nasdaq Free Cash Flow Achievers ETF seeks to track the investment results of an index that is designed to provide exposure to companies with strong free cash flow generation.

Overview

ETF tracking Invesco Nasdaq Free Cash Flow Achievers ETF

Category Technology

Issuer Invesco

Inception Date 2023-12-06

Market Cap $15.6M

Average Volume N/A

Dividend Yield 0.50%

52-Week Range $28.08 - $37.26

VWAP $35.19

Performance

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Investment Summary

📎 Investment Objective

The Invesco Nasdaq Free Cash Flow Achievers ETF seeks to track the investment results of an index that is designed to provide exposure to companies with strong free cash flow generation.

🎯 Investment Strategy

The ETF tracks the Nasdaq US Free Cash Flow Achievers Index, which is composed of companies that have generated positive free cash flow over the past 12 months. The index is designed to identify companies with the ability to generate cash in excess of their capital expenditures, which may indicate financial strength and stability.

✨ Key Features

Focuses on companies with strong free cash flow generation, which can indicate financial health
Tracks an index of Nasdaq-listed companies that have demonstrated positive free cash flow
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on the technology sector
Potential volatility due to the fund's focus on a specific financial metric (free cash flow)
Limited performance history makes it difficult to evaluate long-term returns
Lack of assets under management may impact liquidity and trading efficiency

👤 Best For

This ETF may be suitable for investors seeking exposure to a portfolio of technology companies with strong free cash flow generation, as part of a diversified investment strategy. However, the limited performance history and small asset base make it a higher-risk investment, so it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.