QQQ QQQ

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  • QQQ
  • Category
  • Large Cap Growth Equities
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QQQ - Profile

Vitals

Investment Themes

Alternative ETFs in the Large Cap Growth Equities Category

Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SCHG 0.07% $1,728.0 M 198,835 15.85%
Largest (AUM) IWF 0.20% $26,816.8 M 2,048,552 12.94%
Most Liquid (Volume) IWF 0.20% $26,816.8 M 2,048,552 12.94%
Top YTD Performer QQQE 0.35% $43.8 M 10,998 19.42%

Description

The Index includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization. Because of its exclusion of financial firms, the index tends to focus more heavily on companies in the technology sector among others. Some of the most popular companies in the benchmark include Apple (AAPL), Amazon (AMZN) and Google (GOOG). The fund and the index are rebalanced quarterly and reconstituted annually. The index debuted on January 31, 1985.

Realtime Rating

QQQ - Realtime Rating

Realtime Rating Summary

QQQ is a passive UIT that seeks to replicate NASDAQ-100 Index. The Index includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization. Because of its exclusion of financial firms, the index tends to focus more heavily on companies in the technology sector among others. Some of the most popular companies in the benchmark include Apple (AAPL), Amazon (AMZN) and Google (GOOG). The fund and the index are rebalanced quarterly and reconstituted annually. The index debuted on January 31, 1985.

The adjacent table shows a QQQ Realtime Rating for several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, highlights the best rated ETF in the Large Cap Growth Equities category for each metric. To view information on how the ETFdb Realtime Ratings work, click here.

QQQ Overall Realtime Rating: B+

A+ Overall Rated ETF: VONG

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A+ QQQ
Expenses A- SCHG
Performance C+ QQXT
Volatility B PXLG
Dividend A- VOOG
Concentration B VONG

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Analyst Report

QQQ - Analyst Report

This ETF offers exposure to one of the world's most widely-followed equity benchmarks, the NASDAQ, and has become one of the most popular exchange-traded products. The significant average daily trading volumes reflect that QQQ is widely used as a trading vehicle, and less as a components of a balanced long-term strategy. Of course, this fund can certainly be useful as part of a buy-and-hold approach for investors looking to maintain a tilt towards the potentially volatile tech sector. The composition of QQQ is certainly unique; this fund maintains a hefty allocation to technology companies, resulting in potentially significant volatility through heightened exposure to a sector that has historically experienced both impressive rallies and devastating busts. Moreover, the relative concentration (only 100 names) may be less than ideal--especially considering that a small handful of stocks make up a material chunk of the portfolio. QQQ is used primarily by short-term traders, as evidenced by the high average daily turnover. QQQ has penny-wide spreads and can be a nice tool for those looking to quickly establish a position in U.S. equity markets (though SPY accomplishes similar objectives). But investors building a retirement portfolio or maintaining a longer-term objective would be better served to look elsewhere for a fund that achieves better balance across various sectors of the economy. It should be noted that QQQ is cost efficient; the expense ratio is one of the lowest in the industry. Other more expensive alternatives offer similar exposure, including an equal-weighted version of the same underlying index (QQEW) and a version that focuses only on the non-technology components of the NASDAQ (QQXT).

QQQ In-Depth Analysis

The following tables and charts contain in-depth metrics for QQQ and compare it to similar peer ETFs within its ETFdb Category.

Holdings

QQQ - Holdings

Filings Data as of: Dec 02, 2014

Concentration Analysis

This section compares how balanced and deep QQQ is relative to the peer group ETFdb Category.

Number of Holdings
QQQ Rank: 14 of 22
QQQ 105
Category Low RWG (33)
Category High VONG (684)
% Assets in Top 10
QQQ Rank: 21 of 22
QQQ 49.08%
Category Low FTC (9.45%)
Category High PXLG (53.06%)

QQQ Asset Allocation

Asset Percentage
U.S. Stocks 95.63%
International Stocks 4.19%
U.S. Bonds 0.0%
International Bonds 0.0%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 0.18%
Other 0.0%

QQQ Sector Breakdown

Sector Percentage
Technology 58.15%
Health Care 14.44%
Consumer Cyclical 13.08%
Communication Services 5.72%
Consumer Defensive 4.91%
Industrials 3.19%
Basic Materials 0.34%
Financial Services 0.0%
Energy 0.0%
Real Estate 0.0%
Utilities 0.0%

QQQ Market Cap Breakdown

Market Cap Percentage
Giant 56.56%
Large 30.26%
Medium 9.17%
Small 0.05%
Micro 0.0%

QQQ Region Breakdown

Region Percentage
U.S. 95.8%
Asia (Emerging) 1.89%
Europe 1.17%
Asia (Developed) 0.45%
Middle East 0.3%
Canada 0.22%
Africa 0.0%
Latin America 0.0%
Japan 0.0%
Australia 0.0%

QQQ Market Tier Breakdown

Region Percentage
Developed 97.94%
Emerging 1.89%

QQQ Country Breakdown

Country Percentage
United States 95.8%
China 1.89%
United Kingdom 0.61%
Netherlands 0.56%
Singapore 0.45%
Israel 0.3%
Canada 0.22%
Other 0.17%
Expense

QQQ - Expenses & Fees

This section compares the cost efficiency of QQQ to peers in the same ETFdb Category.

Expenses Ratio Analysis

Expense Ratio
QQQ Rank: 7 of 23
QQQ 0.20%
Category Low SCHG (0.07%)
Category High TNDQ (1.00%)

Commission Free Trading in QQQ

QQQ is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 10 other ETFs in the Large Cap Growth Equities ETFdb Category that are also eligible for commission free trading:

Performance

QQQ - Performance

This section shows how QQQ has performed relative to its peer group ETFdb Category.

1 Week Return
QQQ Rank: 18 of 23
QQQ 0.43%
Category Low RWG (-5.32%)
Category High VUG (1.27%)
4 Week Return
QQQ Rank: 11 of 22
QQQ 0.56%
Category Low RWG (-4.19%)
Category High PWB (2.27%)
13 Week Return
QQQ Rank: 7 of 23
QQQ 4.20%
Category Low TNDQ (-3.63%)
Category High QQXT (5.64%)
26 Week Return
QQQ Rank: 1 of 22
QQQ 12.77%
Category Low TNDQ (4.20%)
Category High QQQ (12.77%)
Year to Date Return
QQQ Rank: 1 of 21
QQQ 19.89%
Category Low RWG (5.44%)
Category High QQQ (19.89%)
1 Year Return
QQQ Rank: 2 of 21
QQQ 22.81%
Category Low TNDQ (8.30%)
Category High QQQE (23.34%)
3 Year Return
QQQ Rank: 2 of 20
QQQ 97.06%
Category Low RPX (55.51%)
Category High QQXT (98.92%)
5 Year Return
QQQ Rank: 1 of 16
QQQ 151.08%
Category Low RPX (71.74%)
Category High QQQ (151.08%)
Charts

QQQ - Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of QQQ relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

Valuation

QQQ - Valuation

This section shows how the P/E multiple of QQQ compares to the peer group ETFdb Category.

P/E Ratio
QQQ Rank: N/A
No Ranking Available
Category Low VOOG (17.44)
Category High JKE (20.43)

As of Dec 18, 2014

Dividend

QQQ - Dividend

This section shows how the dividend yield of QQQ compares to the peer group ETFdb Category.

Annual Dividend Yield
QQQ Rank: 9 of 22
QQQ 1.27%
Category Low CFGE (0.03%)
Category High RPX (3.15%)

As of Dec 18, 2014

Technicals

QQQ - Technicals

QQQ Volatility Analysis

This section shows how the volatility of QQQ compares to the peer group ETFdb Category.

5 Day Volatility
QQQ Rank: 7 of 23
QQQ 29.84%
Category Low PWB (0.39%)
Category High RPX (122.79%)
20 Day Volatility
QQQ Rank: 4 of 23
QQQ 15.90%
Category Low SYG (11.34%)
Category High RPG (17.10%)
50 Day Volatility
QQQ Rank: 8 of 23
QQQ 16.13%
Category Low IWY (13.70%)
Category High RPX (38.97%)
200 Day Volatility
QQQ Rank: 7 of 22
QQQ 14.45%
Category Low IWY (12.65%)
Category High RPX (29.75%)
Beta
QQQ Rank: 7 of 23
QQQ 1.06
Category Low PXLG (0.92)
Category High RWG (1.96)
Standard Deviation
QQQ Rank: 1 of 21
QQQ 6.16%
Category Low PWB (1.10%)
Category High QQQ (6.16%)

QQQ Technicals

  • 20 Day MA: $104.09
  • 60 Day MA: $100.50
  • MACD 15 Period: 0.30
  • MACD 100 Period: 4.77
  • Williams % Range 10 Day: 25.09
  • Williams % Range 20 Day: 31.60
  • RSI 10 Day: 55
  • RSI 20 Day: 56
  • RSI 30 Day: 56
  • Ultimate Oscillator: 42

QQQ Bollinger Bands

  • Lower Bollinger (10 Day): $100.50
  • Upper Bollinger (10 Day): $106.23
  • Lower Bollinger (20 Day): $101.40
  • Upper Bollinger (20 Day): $106.85
  • Lower Bollinger (30 Day): $100.73
  • Upper Bollinger (30 Day): $106.40

QQQ Support & Resistance

  • Support Level 1: $103.40
  • Support Level 2: $102.55
  • Resistance Level 1: $104.68
  • Resistance Level 2: $105.11

QQQ Stochastic

  • Stochastic Oscillator %D (1 Day): 58.49
  • Stochastic Oscillator %D (5 Day): 47.15
  • Stochastic Oscillator %K (1 Day): 40.07
  • Stochastic Oscillator %K (5 Day): 32.04
Fact Sheet

QQQ - Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.