Invesco QQQ Trust, Series 1
QQQ
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 11 Greenway Plaza, Suite 1000 Houston TX United States of America 77046
- IPO Date
- Mar 10, 1999
- CIK
- 0001067839
- Website
- invesco.com
- Similar Companies
- Business
- Invesco QQQ Trust, Series 1 (QQQ) is an exchange-traded fund that tracks the Nasdaq-100 Index, comprising 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization; the fund holds all stocks in the index, which is rebalanced quarterly and reconstituted annually. Core offerings include passive investment exposure to leading innovators across sectors such as technology (approximately 64%), consumer discretionary (18%), health care (4%), telecommunications (4%), and industrials (4%), with top holdings featuring NVIDIA Corp (9.88%), Microsoft Corp (8.39%), Apple Inc (8.24%), Broadcom Inc (5.59%), and Amazon.com Inc (5.10%) as of September 30, 2025; the fund provides intraday liquidity on the Nasdaq exchange under ticker QQQ (CUSIP 46090E103), with a total expense ratio of 0.20%, 101 holdings, and a 30-day SEC yield of 0.46%. It targets growth-oriented investors seeking diversified access to high-growth companies in areas like cloud computing, artificial intelligence, electric vehicles, streaming services, and biotechnology, primarily in the United States (96% geographic allocation) with minor exposure to Canada, Netherlands, Brazil, China, and the United Kingdom. Launched on March 10, 1999, and sponsored by Invesco Capital Management LLC (headquartered in Atlanta, Georgia), the trust operates as a unit investment trust (UIT) with over 25 years of history as one of the oldest and most liquid ETFs, ranking as the second-most traded by average daily volume. In a significant structural evolution announced in 2025, Invesco proposed converting the $358 billion QQQ from a UIT to a traditional ETF, which would establish a dedicated board of trustees—shared with oversight of 219 other Invesco ETFs—for enhanced governance. QQQ shareholders were eligible to vote on this reclassification by proxy deadline December 18, 2025, with the primary aim of potentially lowering fees and improving operational efficiency amid ongoing proxy discussions.