Invesco NASDAQ 100 ETF

Invesco Exchange-Traded Fund Trust II · Series S000069448 · 1 share classes

Equity fund · 100% stocks
One fund, 1 share classes:QQQM
$70.89B NAV
105 positions · as of 2026-02-28 · filed 2026-04-29
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2025 Q4

The Invesco NASDAQ 100 ETF (the Fund) seeks to track the investment results (before fees and expenses) of the Nasdaq-100 Index (the Underlying Index).

Strategy · summarised

The fund tracks the Nasdaq-100 Index using full replication, holding all 100 of the largest non-financial companies listed on Nasdaq in proportion to their index weights, which are capped at 24% each under a modified market-capitalization methodology. The fund is non-diversified and therefore not required to meet diversification requirements under the Investment Company Act of 1940. Because the fund holds all index constituents, its returns will track the index before fees and expenses.

Expenses
0.15%one share class
Share classExpense ratio
QQQM0.15%

Portfolio turnover 6.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

100.49%
of net assets
Stocks99.61%
Cash & short-term0.89%
Derivatives-0.00%

The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 7 new7 exited

New: WMT, WDC, STX, MPWR, FERROVIAL SE, ALNY, INSM

Exited: AstraZeneca PLC, BIIB, LULU, ON, GLOBALFOUNDRIES Inc., CDW, TTD

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

1-year
3-year
5-year
Volatility
Worst 3-yr fall
Cumulative return· Mar 2023 – Feb 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NVIDIA Corp.NVDA8.37%$5.93B
Apple Inc.AAPL7.59%$5.38B
Microsoft Corp.MSFT5.67%$4.02B
Amazon.com, Inc.AMZN4.36%$3.09B
Tesla, Inc.TSLA3.90%$2.77B
Meta Platforms, Inc.META3.70%$2.62B
Alphabet Inc.GOOGL3.53%$2.50B
Walmart Inc.WMT3.36%$2.38B
Alphabet Inc.GOOG3.27%$2.32B
Broadcom Inc.AVGO2.93%$2.08B
Showing 10 of 105Sign in to see more

Top 10 positions are 46.69% of net assets, top 25 70.28%, across 104 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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