Innovation
Become an agent of innovation

New ways to access the innovators of Nasdaq

Invest in NASDAQ 100 and NASDAQ Next Gen 100 portfolios with Invesco.

Decades of strong large-cap performance

Broad equity markets and growth stocks in particular have performed well over the past 20 years. The NASDAQ-100 Index has:

  • Beaten both the S&P 500 and Russell 1000 Growth Indexes during that period
  • Outperformed by providing access to leading growth companies at the forefront of innovation1 

[1] Bloomberg L.P, S&P and FactSet - Nasdaq 100 companies on average spend 10.4% of sales on R&D, as compared to 5.9% of sales in the S&P 500 as of April 16, 2020

Source: Bloomberg L.P., Data for total returns from March 10, 1999 through September 30, 2020. The above chart is presented for the purpose of illustrating the long-term performance of large-cap growth markets versus the broader market over time. The starting time period was selected based on the inception of the oldest product in the Invesco QQQ innovation suite. QQQ has an existing performance record, which can be found here. QQQM, QQQJ and the Invesco Nasdaq 100 Index Fund are new funds, therefore they have no performance. Index performance is not indicative of Fund performance, nor is it an indication of how a Fund could or will perform. An investment cannot be made directly into an Index. Past performance is not a guarantee of future results.  

QQQJ: Exposure to mid-cap Nasdaq innovators

If you like access to the NASDAQ-100, you now have the opportunity to invest in the next generation of innovation. Invesco NASDAQ Next Gen 100 ETF tracks the NASDAQ Next Generation 100 Index, composed of non-financial companies that: 

  • Are ranked 101 to 200 by market cap 
  • May have potential to one day join the NASDAQ-100

View QQQJ product details

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  Invesco QQQ Invesco NASDAQ 100 ETF  Invesco NASDAQ 100 Index Fund Invesco NASDAQ Next Gen 100 ETF
Ticker  QQQ QQQM IVNQX (R6 Shares) QQQJ
Structure Unit Trust ETF ETF Mutual Fund ETF
Expense Ratio  0.20% 0.15% 0.29%1 0.15%
Underlying Index NASDAQ-100 Index NASDAQ-100 Index NASDAQ-100 Index NASDAQ Next Generation 100 Index® 
Inception Date 3/10/1999 10/13/2020 10/13/2020 10/13/2020
For Investors Seeking Exposure to the NASDAQ-100 through the 2nd most traded ETF1 Low fee ETF access to the NASDAQ-100  The ability to access the NASDAQ-100 through a mutual fund Exposure to mid-cap Nasdaq innovators
  View QQQ product details View QQQM product details View IVNQX product details View QQQJ product details

[1] Net = total annual operating expenses less any contractual management fee waivers in effect through at least Dec. 31, 2021. Gross Expense Ratio is 0.78%. See the current prospectus for more information.

Class R6 Shares are primarily intended for retirement plans and shareholders of omnibus intermediaries that meet certain standards and for institutional investors. See the prospectus for more information.

Important Information

  • [1] Source: Bloomberg L.P., in the US based on average daily volume traded, as of September 30, 2020.

    Since ordinary brokerage commissions apply for each buy and sell transaction, frequent trading activity may increase the cost of ETFs.

    Investors should be aware of the material differences between mutual funds and ETFs. ETFs generally have lower expenses than actively managed mutual funds due to their different management styles.  Most ETFs are passively managed and are structured to track an index, whereas many mutual funds are actively managed and thus have higher management fees. Unlike ETFs, actively managed mutual funds have the ability react to market changes and the potential to outperform a stated benchmark. Since ordinary brokerage commissions apply for each ETF buy and sell transaction, frequent trading activity may increase the cost of ETFs. ETFs can be traded throughout the day, whereas, mutual funds are traded only once a day. While extreme market conditions could result in illiquidity for ETFs. Typically they are still more liquid than most traditional mutual funds because they trade on exchanges. Unit trusts have a stated expiration date based on what investment in the portfolio and generally make one public offering of a fixed number of units. In some cases, a secondary market is maintained allowing existing unit holders to sell their units and for new investors to buy units. Investors should talk with their financial professional regarding their situation before investing.

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