Invesco NASDAQ 100 ETF
QQQM
NASDAQ Global Market- -
USD
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- -
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 - Global
- Address
- 11 Greenway Plaza, Suite 1000 Houston TX United States of America 77046
- IPO Date
- Oct 13, 2020
- Website
- invesco.com
- Similar Companies
- Business
- Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that seeks to track the investment results, before fees and expenses, of the NASDAQ-100 Index, which includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market; the fund employs a full replication technique by investing at least 90% of its assets in the common stocks and tracking stocks that comprise the underlying index, including American Depositary Receipts, limited partnership interests, and shares of beneficial interest across sectors such as information technology, communication services, consumer discretionary, health care, consumer staples, industrials, materials, energy, and utilities, excluding financial firms. Launched on October 13, 2020, and managed by Invesco Capital Management LLC, a subsidiary of Invesco Ltd., which was founded in 1935 and is headquartered in Atlanta, Georgia, QQQM offers a lower expense ratio compared to its counterpart Invesco QQQ Trust (QQQ), targeting retail investors with enhanced liquidity and cost efficiency; the ETF has grown rapidly to manage over $70 billion in assets under management as of late 2025. QQQM provides quarterly dividend distributions with a payout ratio around 18.79% and features a passive management style focused on large-cap growth and value stocks, delivering strong historical performance with a one-year return exceeding 17% and an average annual return of approximately 28% since inception. Geographically, the fund primarily invests in U.S.-listed securities with international exposure through Nasdaq-listed companies, serving a broad investor base including individuals, institutions, and financial advisors seeking exposure to innovation-driven leaders like Apple, Microsoft, Nvidia, and Amazon. Recent developments for Invesco Ltd., the parent sponsor of QQQM, include a landmark April 2025 agreement with MassMutual to repurchase $1 billion of its Series A Preferred Stock, funded through debt financing and expected to be earnings accretive from the second half of 2025, alongside an increase in quarterly common stock dividend to $0.210 per share and the establishment of a new strategic product and distribution partnership with Barings backed by $650 million in initial funding; these moves enhance balance sheet flexibility, support growth initiatives, and maintain MassMutual's role as a key partner managing approximately $9 billion in Invesco assets. In July 2025, Invesco Real Estate formed a $330 million joint venture with Bozzuto targeting East Coast multifamily assets with up to $1 billion deployment capacity, reflecting broader diversification efforts. Additionally, Invesco reported record assets under management of $2 trillion in Q2 2025 amid market growth, bolstering the scale and stability supporting products like QQQM.