ETF How investors can participate in AI
August 26, 2026
Why partner with us Innovative strategies built for your clients’ needs
For more than 25 years, QQQ has helped investors access some of the market's most innovative companies. Building on that foundation, Invesco and Nasdaq provide multiple ways to access companies at the forefront of innovation across a diverse range of sectors. Explore our comprehensive suite of bright ideas designed to help investors reach a wide range of goals.
History of outperformance
The Nasdaq-100 has provided higher cumulative returns than the S&P 500 and Russell 1000 Growth indexes.
Growth potential plus
QQQ opened up possible growth. Our Innovation Suite of tools can help you add on income, diversification, and more.
Complementary exposures
Innovation Suite funds can be combined to build a unique portfolio that targets multiple investment goals.
What we offer QQQ Innovation Suite
QQQ pioneered Nasdaq-100 investing in 1999. Since then, we’ve built our Innovation Suite to help investors explore adjacent and emerging opportunities, supporting a more complete approach to innovation investing.
| Ticker | Fund name | Investor goal | Invest now | Download |
|---|---|---|---|---|
| QQQ | Invesco QQQ | High liquidity that supports cost-effective trading |
Invest now | Fact sheet |
| QQQM | Invesco Nasdaq 100 ETF | A lower expense ratio for buy-and-hold investing over long time horizons |
Invest now | Fact sheet |
| QQA | Invesco QQQ Income Advantage ETF | Consistent income with less volatility and downside risk mitigation | Invest now | Fact sheet |
| QEW | Invesco QQQ Equal Weight ETF | Equal-weighted exposure to help reduce market concentration | Invest now | |
| QQQJ | Invesco Nasdaq Next Gen 100 ETF | Mid-cap growth exposure | Invest now | Fact sheet |
QQI  |
Invesco Nasdaq International Innovators 100 ETF | Exposure to innovative international large- and mid-cap companies | Invest now | N/A |
| Ticker | Fund name | Investor goal | Invest now | Download |
|---|---|---|---|---|
| QQQ | Invesco QQQ | High liquidity that supports cost-effective trading | Invest now | Fact sheet |
| QQQM | Invesco Nasdaq 100 ETF | A lower expense ratio for buy-and-hold investing over long time horizons | Invest now | Fact sheet |
| QQA | Invesco QQQ Income Advantage ETF | Consistent income with less volatility and downside risk mitigation | Invest now | Fact sheet |
| QEW | Invesco QQQ Equal Weight ETF | Equal-weighted exposure to help reduce market concentration | Invest now | |
| QQQJ | Invesco Nasdaq Next Gen 100 ETF | Mid-cap growth exposure | Invest now | Fact sheet |
| QQI |
Invesco Nasdaq International Innovators 100 ETF | Exposure to innovative international large- and mid-cap companies | Invest now | N/A |
| QBIG | Invesco Top QQQ ETF | Higher exposure to the biggest companies | Invest now | Fact sheet |
| QQLV | Invesco QQQ Low Volatility ETF | Lower volatility | Invest now | Fact sheet |
| QQHG | Invesco QQQ Hedged Advantage ETF | Partially hedge against downside exposure during equity market declines | Invest now | Fact sheet |
| QQMG | Invesco ESG Nasdaq 100 ETF | Additional ESG screening criteria | Invest now | Fact sheet |
| QQQS | Invesco Nasdaq Future Gen 200 ETF | Small-cap growth exposure | Invest now | Fact sheet |
Get to know Invesco’s QQQ Innovation Suite
Invest in innovative and forward-thinking companies with strong fundamentals across investment styles, sectors, and market capitalization. Paul Schroeder, Director of Factor & QQQ Equity Product Strategy, explains our QQQ ETFs.
Frequently asked questions
The index includes the largest 100 non-financial companies listed on the Nasdaq Stock Market based on modified market capitalization. It rebalances quarterly and is reconstituted annually in December.
Both ETFs track the Nasdaq-100 Index. Due to its lower expense ratio, QQQM may be more suitable for buy-and-hold investors with longer time horizons. However, investors with large trade size and shorter-term holding periods may choose QQQ as a more cost-effective solution due to its greater secondary market liquidity.
Market-cap-weighted strategies overweight the largest companies in an index and underweight the smallest companies. An equal-weight strategy, such as our QQQ Equal Weight ETF (QEW), gives equal exposure to all stocks in an index which may lower concentration risk.
An option is a financial instrument that gives the option holder the right, but not the obligation, to buy or sell a set quantity or dollar value of a particular asset at a fixed price by a certain date. Options are a useful instrument for generating income outside of more traditional means, like collecting dividends on stocks or interest on bonds.
When an investor sells an option, they’re giving the buyer the ability to buy or sell a specific asset by a certain date at a predetermined price. In return, the seller collects an option premium from the buyer, which is considered income. Option income strategies, like our QQQ Income Advantage ETF (QQA), can be an effective way of generating a steady stream of monthly income while maintaining exposure to equities.
Mid-caps are typically earlier in their growth cycle than larger more mature businesses and have the potential to grow faster. They also may experience less volatility than small, unseasoned start-ups. Consider Invesco NASDAQ Next Gen 100 ETF (QQQJ) for exposure to innovative US mid-cap companies.
Investors can get ETF exposure to some of the world’s most innovative companies across the market-cap spectrum. ETFs in our Invesco QQQ Innovation Suite can be used to complement each other.
Discover more from Invesco
-
Invesco ETFs
Explore our lineup of ETFs and see how they can be cost-effective, tax-efficient tools for maximizing your investments and meeting your portfolio objectives. -
ETF insights
Access our latest insights on investment opportunities and ways to use ETFs in your portfolio. -
Portfolio Playbook
Get timely investment ideas, an overview of what’s happening in the markets, and tips to help optimize your portfolios in our monthly playbook.
Looking for an ETF?
Get to know Invesco’s QQQ Innovation Suite
QEW
Provides exposure to the Nasdaq 100 Equal Weighted Index, enabling investors to gain equal-weighted exposure to all the same innovative companies in the Nasdaq 100 Index.
QQQ
Provides exposure to the Nasdaq 100 Index. Comprised of companies at the forefront of innovation across a diverse range of sectors, all in one investment.
QQQJ
Provides exposure to forward-thinking mid-cap growth companies listed on the Nasdaq exchange and can complement to existing large-cap growth options.
QQQM
Provides cost-effective exposure to the Nasdaq 100 Index, the 100 largest nonfinancial companies listed on Nasdaq. Additional information can be found in the fund commentary.
QQA
Designed to provide consistent monthly income and maintain growth potential — all while targeting less volatility and downside risk mitigation.
QQLV
Provides convenient access to the volatility factor within the Nasdaq 100 Index with potential downside mitigation during major drawdowns in the parent universe.
QQHG
Structured to closely replicate the Nasdaq-100 Index performance, incorporating an overlay strategy to partially hedge against downside exposure during equity market declines.
QBIG
Provides concentrated exposure to the largest companies in the Nasdaq 100 Index through a rules-based approach, to allow for flexibility and agility in a rapidly evolving marketplace.
QQQS
Provides access to small-cap companies with promising patent portfolios relative to their market capitalization. Valuable patents may be an indicator of competitive advantages and potential future revenue growth.
QQMG
Provides access to the groundbreaking large-cap companies in the Nasdaq 100 Index while incorporating additional ESG screening criteria.
Seek strong performance
The Nasdaq-100 Index has provided investors with decades of strong large-cap performance. The following chart shows the total cumulative returns from March 10, 1999–June 30, 2026.
Important Information
NA5950402
ETFs
There are risks involved with investing in ETFs, including possible loss of money. Index-based ETFs are not actively managed. Actively managed ETFs do not necessarily seek to replicate the performance of a specified index. Both index-based and actively managed ETFs are subject to risks similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Index. The Funds are subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Funds.
Investments focused in a particular sector, such as information technology, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
The NASDAQ-100 Index is comprised of 100 of the largest non-financial companies on the Nasdaq.
The NASDAQ Next Generation 100 Index is comprised of the next generation of non-financial companies on Nasdaq; that is, the largest 100 companies outside of the NASDAQ-100 Index.
The Russell 1000® Growth Index measures the performance of the largecap growth segment of the US equity universe.
The Nasdaq-100 Low Volatility Index is designed to track the performance of the bottom quartile of the Nasdaq-100 Index based on 12-month realized volatility.
An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from an Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.
The sponsor of the Nasdaq-100 TrustSM, a unit investment trust, is Invesco Capital Management LLC (Invesco). NASDAQ, Nasdaq-100 Index, Nasdaq-100 Index Tracking Stock and QQQ are trade/service marks of The Nasdaq Stock Market, Inc. and have been licensed for use by Invesco, QQQ's sponsor. NASDAQ makes no representation regarding the advisability of investing in QQQ and makes no warranty and bears no liability with respect to QQQ, the Nasdaq-100 Index, its use or any data included therein.
The Invesco NASDAQ 100 ETF is not sponsored, endorsed, sold or promoted by the NASDAQ OMX Group, Inc. or its affiliates (NASDAQ OMX, with its affiliates, are referred to as the "Corporations"). The Corporations have no liability in connection with the administration, marketing or trading of the Invesco NASDAQ QQQ ETF. "NASDAQ®" is a registered trademark and is used under license.
The Invesco NASDAQ Next Gen 100 ETF is not sponsored, endorsed, sold or promoted by the NASDAQ OMX Group, Inc. or its affiliates (NASDAQ OMX, with its affiliates, are referred to as the "Corporations"). The Corporations have no liability in connection with the administration, marketing or trading of the Invesco NASDAQ Next Gen 100 ETF. "NASDAQ®" is a registered trademark and is used under license.
The Invesco NASDAQ 100 Index Fund is not sponsored, endorsed, sold or promoted by the NASDAQ OMX Group, Inc. or its affiliates (NASDAQ OMX, with its affiliates, are referred to as the "Corporations"). The Corporations have no liability in connection with the administration, marketing or trading of the Invesco NASDAQ 100 Index Fund. "NASDAQ®" is a registered trademark and is used under license.
The Nasdaq-100 ESG Index is designed to measure the performance of companies included in the Nasdaq-100 Index that also meet environmental, social and governance ("ESG”) criteria. To satisfy the ESG criteria, an issuer must not be involved in certain specific business activities, such as alcohol, cannabis, controversial weapons, gambling, military weapons, nuclear power, oil & gas, and tobacco. Additionally, an issuer must be deemed compliant with the United Nations Global Compact principles, meet business controversy level requirements, and have an ESG Risk Rating Score that meets the requirements for inclusion in the Index.
The Nasdaq Next Generation 100 ESG Index is designed to measure the performance of companies included in the Nasdaq Next Generation 100 Index that also meet environmental, social and governance ("ESG”) criteria. To satisfy the ESG criteria, an issuer must not be involved in certain specific business activities, such as alcohol, cannabis, controversial weapons, gambling, military weapons, nuclear power, oil & gas, and tobacco. Additionally, an issuer must be deemed compliant with the United Nations Global Compact principles, meet business controversy level requirements, and have an ESG Risk Rating Score that meets the requirements for inclusion in the Index.
The Underlying Index reflects information developed by Sustainalytics, an independent provider of ESG research, ratings, and data for the Underlying Index. Such information and data are proprietary of Sustainalytics and/or its third-party suppliers and are provided only in connection with the Underlying Index. They do not constitute an endorsement of any product or project, are not investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Sustainalytics has no liability for the construction or administration of the Underlying Index and has no liability in connection with the administration, marketing or trading of the Fund.
Invesco Distributors, Inc. is not affiliated with Nasdaq
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.
Diversification does not guarantee a profit or eliminate the risk of loss.
