AI ETF NASDAQ: QQQ Invesco

Invesco QQQ Trust (QQQ)

The benchmark. 101 Nasdaq-100 companies, half of which are AI plays.

— loading… 15-min delay · Not financial advice

✓ Reviewed by AI Decoded Editorial Team Updated March 2026

← All AI ETFs

Key Fund Stats

0.2%

Expense Ratio

Annual fee charged by the fund

$285B

Assets Under Management

Total fund AUM as of March 2026

101

Holdings

Number of positions in the fund

1999

Inception Year

Year the fund launched

-8.9%

YTD Return

Year-to-date performance (March 2026)

+22.1%

1-Year Return

Trailing 12-month performance

4/5

AI Exposure Score

Strong AI exposure with some diversification.

⚡⚡⚡⚡⚡

⚡ About AI Exposure Score: Reflects how heavily this ETF tilts toward AI and automation revenue. 5 = nearly all holdings are AI-driven. 1 = AI is a minor theme. Editorial assessment — not a buy/sell signal.

What is QQQ?

QQQ is not an AI ETF by name — it tracks the Nasdaq-100. But in practice, it's one of the most AI-concentrated ETFs available: Apple, Microsoft, NVIDIA, Alphabet, Amazon, Meta, and Broadcom collectively make up over 40% of the fund. Every major AI infrastructure company is represented.

At $285B AUM and just 0.20% expense ratio, QQQ is the most liquid, most cost-efficient way to get AI exposure. For investors who believe AI will drive the Nasdaq for the next decade, QQQ is the de-risked version of picking individual AI stocks.

Top 5 Holdings

Holding	Weight
Apple Inc	9.1%
Microsoft Corp	8.7%
NVIDIA Corp	8.3%
Alphabet Inc	7.9%
Amazon.com Inc	6.8%

Get QQQ coverage in your inbox

We track QQQ and the AI ETF universe every morning. Free daily newsletter.

Upcoming Catalysts

Lowest expense ratio (0.20%) among all AI-adjacent ETFs
Largest AUM ($285B) = maximum liquidity, tight spreads
AI mega-caps (NVDA, MSFT, GOOGL, META, AMZN) collectively driving index returns
Options ecosystem: largest options market of any ETF — useful for covered calls

Key Risks

Not a pure AI ETF — includes Apple, Costco, PepsiCo (limited AI angle)
Top-heavy: top 10 holdings = ~45% of fund
Mega-cap valuation premium; any multiple compression hits QQQ hard
Underperforms pure AI ETFs in AI bull markets due to dilution from non-AI names

Compare with Similar ETFs

SOXX — The semiconductor benchmark. Every chip powering the AI revolution.
SMH — The semiconductor ETF that leads with TSMC and NVIDIA. A different chip bet than SOXX.

Sources: Invesco QQQ fact sheet (March 2026), ETF.com

⚠️ Not financial advice. ETF data is for informational purposes only. Expense ratios, holdings, and returns change — verify current data on the fund issuer's website before investing. Past performance does not guarantee future results.