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
$97.15B NAV
105 positions · as of 2026-05-31 · filed 2026-07-30
data updated 2026-09-08

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 Q2

100.06%
of net assets
Stocks99.59%
Cash & short-term0.43%
Derivatives0.03%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 4 new4 exited

New: SNDK, LITE, Ferrovial N.V., Thomson Reuters Corp.

Exited: FERROVIAL SE, Thomson Reuters Corp., CSGP, TEAM

Return profile

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

1-year
+41.02%
3-year
+111.25%
5-year
+104.63%
Volatility
19.51%
Worst 3-yr fall
-10.09%
Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

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

Issuer%NAVValue
NVIDIA Corp.NVDA8.13%$7.90B
Apple Inc.AAPL7.26%$7.05B
Microsoft Corp.MSFT5.30%$5.15B
Micron Technology, Inc.MU4.78%$4.64B
Amazon.com, Inc.AMZN4.60%$4.47B
Advanced Micro Devices, Inc.AMD3.68%$3.58B
Alphabet Inc.GOOGL3.51%$3.41B
Tesla, Inc.TSLA3.45%$3.35B
Broadcom Inc.AVGO3.36%$3.26B
Alphabet Inc.GOOG3.24%$3.15B
Showing 10 of 105Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 47.31% of net assets, top 25 72.24%, 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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