QQMG
Invesco ESG NASDAQ 100 ETF
📎 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
Performance
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.
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