QQMG

Invesco ESG NASDAQ 100 ETF

$42.15
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Invesco ESG NASDAQ 100 ETF (QQMG) seeks to track the investment results of an index that is designed to provide exposure to companies from the NASDAQ-100 Index that meet certain environmental, social and governance (ESG) criteria.

Overview

ETF tracking Invesco ESG NASDAQ 100 ETF

Category Technology
Issuer Invesco
Inception Date 2021-10-27
Market Cap $105.4M
Average Volume N/A
Dividend Yield 0.41%
52-Week Range $28.26 - $43.85
VWAP $42.23

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Invesco ESG NASDAQ 100 ETF (QQMG) seeks to track the investment results of an index that is designed to provide exposure to companies from the NASDAQ-100 Index that meet certain environmental, social and governance (ESG) criteria.

🎯 Investment Strategy

The fund invests in a portfolio of securities that seeks to replicate the Nasdaq-100 ESG Index, which is composed of securities from the Nasdaq-100 Index that meet certain ESG criteria. The index provider applies ESG screens to the Nasdaq-100 constituents to determine the index components.

✨ Key Features

  • Provides exposure to large-cap technology and growth companies with strong ESG profiles
  • Tracks an index that aims to maintain sector weights similar to the broader Nasdaq-100 Index
  • Relatively 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 for underperformance compared to the broader Nasdaq-100 Index if ESG screening criteria negatively impacts returns
  • Limited performance history makes it difficult to evaluate long-term viability
  • Low assets under management could lead to higher trading costs and less liquidity

👤 Best For

This ETF may be suitable for investors seeking exposure to large-cap technology companies with a focus on environmental, social, and governance factors. It may be most appropriate for investors with a long-term investment horizon and higher risk tolerance given the concentration in the technology sector.