---
ticker: "QOWZ"
name: "Invesco Nasdaq Free Cash Flow Achievers ETF"
url: "https://etf.net/etf/QOWZ"
grade: "C"
score: 50
graded_at: "2026-10-12"
category: "US Quality Index"
category_rank: "17 of 26"
methodology: "https://etf.net/methodology"
---

# QOWZ: Invesco Nasdaq Free Cash Flow Achievers ETF

Grade **C**, Score 50 of 100. Rank 17 of 26 in US Quality Index.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 48 | 14 of 26 |
| Mission | 81 | 7 of 19 |
| Risk | 20 | 24 of 26 |
| Tradability | 46 | 16 of 26 |
| Holdings | 37 | 21 of 26 |
| Durability | 40 | 17 of 26 |

## Top holdings

The fund holds 53 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | NVDA | NVIDIA Corp | 10.56% |
| 2 | AVGO | Broadcom Inc | 6.81% |
| 3 | MA | Mastercard Inc | 4.57% |
| 4 | KLAC | KLA Corp | 3.87% |
| 5 | FTNT | Fortinet Inc | 3.22% |
| 6 | CRM | Salesforce Inc | 3.01% |
| 7 | NOW | ServiceNow Inc | 2.88% |
| 8 | CDNS | Cadence Design Systems Inc | 2.66% |
| 9 | ADP | Automatic Data Processing Inc | 2.59% |
| 10 | MPWR | Monolithic Power Systems Inc | 2.43% |
| 11 | NTAP | NetApp Inc | 2.37% |
| 12 | ADBE | Adobe Inc | 2.28% |
| 13 | RSG | Republic Services Inc | 2.25% |
| 14 | INTU | Intuit Inc | 2.19% |
| 15 | VEEV | Veeva Systems Inc | 2.08% |
| 16 | IDXX | IDEXX Laboratories Inc | 1.84% |
| 17 | WDAY | Workday Inc | 1.79% |
| 18 | PTC | PTC Inc | 1.78% |
| 19 | VRSN | VeriSign Inc | 1.74% |
| 20 | TDY | Teledyne Technologies Inc | 1.70% |
| 21 | HUBB | Hubbell Inc | 1.68% |
| 22 | DXCM | Dexcom Inc | 1.68% |
| 23 | ROP | Roper Technologies Inc | 1.67% |
| 24 | CHD | Church & Dwight Co Inc | 1.57% |
| 25 | SSNC | SS&C Technologies Holdings Inc | 1.46% |
| 26 | STE | Steris PLC | 1.45% |
| 27 | RMBS | Rambus Inc | 1.45% |
| 28 | CPRT | Copart Inc | 1.45% |
| 29 | CLH | Clean Harbors Inc | 1.42% |
| 30 | RBC | RBC Bearings Inc | 1.42% |

Source: etf.net, https://etf.net/etf/QOWZ. Please cite the page URL.