Invesco NASDAQ Future Gen 200 ETF
$40.57−0.84 (−2.03%)
- 0.20%
- $23M
- +28.0%
- 1.80%
- 0M sh
- $42.14
- low $31.17high $45.44
The ETF.net QQQS Grade
D
Score 39 out of 100
- 16 of 17
Score 39 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C53 out of 100Rank 8 of 17Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F24 out of 100Rank 16 of 17Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C44 out of 100Rank 10 of 17Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D28 out of 100Rank 15 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F21 out of 100Rank 14 of 17
Our read on QQQS
DInvesco's "future gen" swing: a rules-based basket of roughly 200 Nasdaq-listed innovators for 0.20% a year. Young (2022 launch), small, and lightly traded, so the order screen matters as much as the thesis.
The Fund seeks to track, before fees and expenses, the investment results of the Nasdaq Innovators Completion Cap Index. It invests at least 90% of total assets in securities comprising that index.
Why people hold it
- Costs 0.20% a year, below the typical US factor fund and undercutting peers like SUSA (0.25%) and DXUV (0.28%).
- Purely rules-driven: at least 90% of assets sit in the Nasdaq Innovators Completion Cap Index. You own the index, not a manager's hunches.invesco.com
- Roughly 200 holdings make for one of the better-spread portfolios in its factor peer group, rather than a handful of names carrying the load.
- Distributions land on a quarterly schedule.
Worth knowing
- A small fund that trades thinly. Spreads can be wide, so limit orders and a little patience do real work here.
- Up-and-coming innovators swing harder than blue chips. This has been one of the bumpier rides among US factor funds.
- Launched in 2022, so the record is short, and small, young funds face more closure risk than entrenched giants.
QQQS Holdings
- Stocks
- 203
- 8%
- QTEX
Sectors
- Health Care52.1%
- Technology31.2%
- Industrials5.5%
- Consumer Discretionary5.2%
- Communication2.6%
- Energy1.9%
- Consumer Staples1.0%
- Materials0.6%
- Financials0.0%
Geography
- United States83.82%
- Israel4.08%
- Canada2.93%
- United Kingdom2.33%
- Taiwan1.25%
- China1.09%
- Singapore0.58%
- Hong Kong0.57%
- 3.34%
QQQS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
QQQS$12,800
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | QQQS |
|---|---|
| Year to date | +21.8% |
| 1 month | −3.7% |
| 3 months | −5.9% |
| 1 year | +28.0% |
| 3 years | +25.4% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QQQS |
|---|---|---|
| 2026 YTD | +21.8% | |
| 2025 | +23.0% | |
| 2024 | +10.2% | |
| 2023 | −1.9% | |
| 2022 | +6.6% |
QQQS in the news
QQQS Dividends
- 1.80%
- $0.74
- $0.02 per share
- Quarterly
Distribution history
QQQS Risk
- 27.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.76
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −38.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.75
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QQQS Cost
0.20%
QQQS0.20%
- The middle half of US Small-Cap funds
- Median 0.22%
7 of the 16 US Small-Cap funds charge less.
Other funds in US Small-Cap
- CEBITHarbor AlphaEdge Small Cap Earners ETF (EBIT)Expense ratio 0.29%1 year return +20.9%
- CEESWisdomTree U.S. SmallCap FundExpense ratio 0.38%1 year return +24.5%
- CFDMFirst Trust Dow Jones Select MicroCap Index FundExpense ratio 0.65%1 year return +25.1%
- CIWCiShares Micro-Cap ETFExpense ratio 0.60%1 year return +22.8%
- DTSCVThrivent ETF Trust - Small Cap Value ETFExpense ratio 0.60%1 year return —