QQQM: Innovation for the long term
The Invesco NASDAQ 100 ETF’s (QQQM) exposure to innovative companies, attractive value, and tax efficiency may appeal to equity investors looking for long-term growth.
The evolution of the Nasdaq-100 Index and QQQ over the last 25 years demonstrates the progression of innovation and technology to create a competitive edge in the market.
Innovation Suite launched as a cost-effective option to complement the investment objectives of investors who want access to innovative companies across the Nasdaq composite.
Investors have the opportunity to potentially enhance their portfolio allocation and build an innovative portfolio with our suite, offering access to forward-thinking companies across the market-cap spectrum.
Hi, I’m Ryan McCormack, Invesco’s Senior Director of Factor & QQQ Equity Product Strategy.
Innovation is constantly reshaping the world, and we want investors to be able to take part in it. We started 25 years ago with Invesco QQQ, our flagship ETF tracking the Nasdaq-100 Index, which invests in companies at the forefront of long-term innovative themes shaping today’s economy.
Building on QQQ’s success, we launched the Innovation Suite, a collection of ETFs investing across the Nasdaq ecosystem. Whether you're looking to grow your investment, diversify your portfolio, generate income, or tap into emerging themes, these ETFs offer tailored solutions to help meet your goals while staying ahead of market trends. They can enhance a core stock allocation, complement a value strategy, provide consistent income, or serve as a low-fee alternative to something you already own.
Our Innovation Suite ETFs offer multiple ways to invest in innovative and forward-thinking companies with strong fundamentals across investment styles, sectors, and market capitalization.
For example:
Explore Invesco's QQQ Innovation Suite to invest in tomorrow’s opportunities today and help you meet your investing goals.
Get access to the most groundbreaking companies in the Nasdaq indexes with Invesco’s QQQ Innovation Suite. Whether you're seeking growth, diversification, income, or thematic exposure, there could be a QQQ ETF for you.
* Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Class R6 shares to 0.29%, of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2026. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees
The Nasdaq-100 Index has provided investors with decades of strong large-cap performance. The chart below shows the total cumulative returns from March 10, 1999–December 31, 2025.
Source: Bloomberg L.P. Data is for total returns from March 10, 1999–December 31, 2025. 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. 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.
The index includes the largest 100 non-financial companies listed on the Nasdaq Stock Market based on market capitalization. It rebalances quarterly and is reconstituted annually in early December.
QQQM can be used for US large-cap growth equity exposure in portfolios by accessing innovative companies with sound fundamentals that help drive global growth.
QQQJ provides exposure to growth-focused, Nasdaq-listed companies that may be earlier in their growth cycles than larger companies in the Nasdaq-100 Index.
QQQS can be used as a small-cap core holding that focuses on firms with growth potential as measured by the value of their patents.
Investors can get ETF exposure to some of the world’s most innovative companies across the market-cap spectrum with no overlap between strategies. ETFs in our Invesco QQQ Innovation Suite can be used to complement each other.
QQA – Invesco QQQ Income Advantage ETF – offers exposure to the Nasdaq-100 with an active options overlay designed to help generate income and manage volatility. This approach can complement core holdings by introducing innovation exposure while supporting a strategy that combines growth potential with a disciplined, risk-aware framework.
QQQM: Innovation for the long term
The Invesco NASDAQ 100 ETF’s (QQQM) exposure to innovative companies, attractive value, and tax efficiency may appeal to equity investors looking for long-term growth.
An innovative way to hedge exposure to the Nasdaq-100
Hedged equity strategies seek to mitigate market risk while participating in gains by combining long equity positions with hedging instruments such as options.
Explore our lineup of ETFs and see how they can be cost effective, tax-efficient tools for maximizing investments and building long-term wealth.
Access our latest insights on investment opportunities and ways to use ETFs in your portfolio.
Learn how Invesco QQQ gives investors access to some of today's most innovative companies, all in one exchange-traded fund (ETF).
QQQ
About this product
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
About this product
Provides exposure to forward-thinking mid-cap growth companies listed on the Nasdaq exchange and can complement to existing large-cap growth options.
QQQM
About this product
Provides cost-effective exposure to the Nasdaq 100 Index, the 100 largest nonfinancial companies listed on Nasdaq.
QQA
About this product
Designed to provide consistent monthly income and maintain growth potential — all while targeting less volatility and downside risk mitigation.
QQLV
About this product
Provides convenient access to the volatility factor within the Nasdaq 100 Index with potential downside mitigation during major drawdowns in the parent universe.
QQHG
About this product
Structured to closely replicate the Nasdaq-100 Index performance, incorporating an overlay strategy to partially hedge against downside exposure during equity market declines.
QBIG
About this product
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.
QQQM
About this product
Provides cost-effective exposure to the Nasdaq 100 Index, the 100 largest nonfinancial companies listed on Nasdaq.
QQQS
About this product
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
About this product
Provides access to the groundbreaking large-cap companies in the Nasdaq 100 Index while incorporating additional ESG screening criteria.
IVNQX
About this product
Seeks to track the investment results, before fees and expenses, of the Nasdaq 100 Index.
NA5204617
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.
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.
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