IINEWEC Invesco New Economy Index

Providing access to innovative companies and digital currency
Bitcoin image

About Invesco New Economy Index

The Invesco New Economy Index provides access to some of the most innovative areas of the market with exposure to the Invesco QQQ ETF and Invesco Galaxy Bitcoin ETF.

How it works

Access to innovative companies

The first pillar of the Index is the Invesco QQQ ETF (QQQ), providing exposure to a diverse group of cutting-edge Nasdaq-100® companies for over 25 years.1 QQQ is committed to innovation by providing investors access to the 100 largest non-financial companies listed on the Nasdaq that are at the forefront of transformative, long-term themes such as augmented reality, cloud computing, big data, mobile payments, streaming services, and electric vehicles. 

Woman fixing drone

Access to the world’s largest cryptocurrency

The second pillar of the index is the Invesco Galaxy Bitcoin ETF (BTCO). BTCO aims to track the spot price of Bitcoin and provides investors with a secure and simpler access point to cryptocurrency. 

Computer screen with letters BTC/USD

Dynamically adjusting between equities, Bitcoin, and cash.

The Index begins with an 80% allocation to QQQ and 20% to BTCO, aiming to balance innovation-focused equities and Bitcoin. It adjusts daily to maintain a target annual volatility of 12.5%2 using cash3 as needed to help stabilize performance. While allocations are reset monthly with an 80/20 equity-to-Bitcoin ratio, actual weights can shift significantly based on market movements.

In periods of high volatility, the Index may reduce exposure to riskier assets and increase cash holdings to manage overall risk. When the riskiness of equities and/or Bitcoin holdings rises, the index will shift away from equities and Bitcoin into cash. Or as the riskiness of equities and Bitcoin holdings decreases, the index will shift away from cash and into equities and Bitcoin.

Compass on sailboat

  • 1

    QQQ inception: March 10, 1999.

  • 2

    There is no guarantee the stated volatility target will be achieved.

  • 3

    The cash position is nonremunerated, which means that the amount of readily available cash does not directly generate income or provide any financial return.