- Large Cap Growth Equities
Alternative ETFs in the Large Cap Growth Equities Category
|Type||Ticker||Expense Ratio||Assets||Avg. Daily Vol||YTD Return|
|Largest (AUM)||IWF||0.20%||$27,345.9 M||3,426,451||-10.74%|
|Most Liquid (Volume)||IWF||0.20%||$27,345.9 M||3,426,451||-10.74%|
|Top YTD Performer||SLDR||0.40%||$1.1 M||2,500||-5.56%|
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 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 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.
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 this ETF and compare it to similar peer ETFs within its ETFdb Category.
QQQ HoldingsFilings Data as of: Feb 02, 2016
Top Ten Holdings
This section compares how balanced and deep this ETF is relative to the peer group ETFdb Category.
Market Cap Breakdown
Market Tier Breakdown
QQQ Expenses & Fees
This section compares the cost efficiency of this ETF to peers in the same ETFdb Category.
Expenses Ratio Analysis
Commission Free Trading
This ETF 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:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
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.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
- 20 Day MA: $101.99
- 60 Day MA: $108.68
- MACD 15 Period: -4.92
- MACD 100 Period: -11.71
- Williams % Range 10 Day: 82.13
- Williams % Range 20 Day: 84.37
- RSI 10 Day: 29
- RSI 20 Day: 34
- RSI 30 Day: 37
- Ultimate Oscillator: 49
- Lower Bollinger (10 Day): $97.01
- Upper Bollinger (10 Day): $105.79
- Lower Bollinger (20 Day): $97.95
- Upper Bollinger (20 Day): $105.93
- Lower Bollinger (30 Day): $95.53
- Upper Bollinger (30 Day): $113.84
Support & Resistance
- Support Level 1: $95.29
- Support Level 2: $93.96
- Resistance Level 1: $97.50
- Resistance Level 2: $98.38
- Stochastic Oscillator %D (1 Day): 54.61
- Stochastic Oscillator %D (5 Day): 29.43
- Stochastic Oscillator %K (1 Day): 53.18
- Stochastic Oscillator %K (5 Day): 42.81
Latest QQQ News
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