October 25, 2014

PowerShares QQQ ETF (QQQ)

PowerShares QQQ ETF (QQQ) is an index exchange traded fund. This popular ETF is formerly known as QQQ or the NASDAQ-100 Index ETF.

This PowerShares fund will invest in all of stocks in the index. The index includes 100 largest domestic and international nonfinancial companies listed on the NASDAQ Stock Market based on market capitalization.

QQQ Fund Profile

    PowerShares QQQ ETF (QQQ)
  • Fund Inception Date: 03/10/1999
  • Ticker Symbol: QQQ
  • CUSIP: 73935A104
  • Rank in category (YTD): 1%
  • Category: Large Growth
  • Yield: 2.27%
  • Capital Gains: -
  • Expense Ratio: 0.14%
  • Total Assets: $ 54.19 billion
  • Annual Turnover Rate: -
This popular ETF has a low expense fee of 0.20%. The total net assets are $38 billion. It has a decent dividend yield of 1.36%. The current share price is $94.45. The price 52 week ranges are between $78.40 & $100.56.
This QQQ fund also offers exposure to leading Nasdaq-listed consumer discretionary firms and biotech firms.

PowerShares QQQ ETF Performance

Morningstar has ranked this PowerShares QQQ ETF with 5 stars rating. In 2014, the year-to-date return is 8.61%. It has returned 21.91% over the past 1 year, 20.61% over the past 3 year, and 18.58% over the past 5 year. The fund performance can be seen below:
  • Year 2017: 12.94% (YTD)
  • Year 2016: 12.21%
  • Year 2015: -15.81%
  • Year 2014: -0.07% (YTD)
  • Year 2013: -4.92%
  • Year 2012: 19.20%
  • Year 2011: -18.79%
  • Year 2010: 19.46%
  • Year 2009: 76.28%

QQQ Fund Holdings

The top 5 sectors are information technology (59%), consumer discretionary, health care, consumer staples, and industrials (1.61%). Top 5 stocks in its portfolio are Apple Inc (APPL), Microsoft Corp (MSFT), Google Inc (GOOGL), Intel Corp (INTC), and Gilead Sciences Inc (GILD).

More: Powershares Currency ETFs

Investment risks are ETF investment risk, market risk, tracking error risk, sector risk, etc.

Pros:
  • This PowerShares QQQ ETF is popular among investors due to its low cost.
  • The past 5 years returns have been great.
Cons:
  • None

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