QQJG ISSUER
The Invesco NASDAQ Next Generation 100 ESG ETF (QQJG) is managed by Nasdaq, Inc. This ETF is designed to track the performance of companies included in the Nasdaq Next Generation 100 Index, which focuses on non-financial companies meeting stringent environmental, social, and governance (ESG) criteria. The Index Provider, Nasdaq, employs a rigorous methodology that screens and evaluates eligible issuers based on their business activities, ESG risk ratings, controversies, and compliance with the principles of the United Nations Global Compact. QQJG offers investors a way to align their investments with companies committed to responsible business practices and ESG values while seeking exposure to innovative and forward-thinking firms.
QQJG DIVIDEND
The dividend distribution of the QQJG ETF (QQJG) is tied to the performance of the underlying companies within its index. QQJG primarily focuses on growth-oriented companies, and as a result, its dividend yield may not be as high as some income-focused ETFs. Dividends from QQJG are typically distributed on a quarterly basis, and the amount investors receive is determined by the dividend policies and performance of the individual constituent companies within the ETF's portfolio. Investors looking for a balance between capital appreciation and potential dividend returns may consider QQJG as part of their investment strategy.
QQJG TRACKING
Tracking the Next Generation ESG Index is the primary objective of the QQJG ETF. This ETF invests at least 90% of its total assets in the securities that make up the Next Generation ESG Index, which is curated and maintained by Nasdaq, Inc. The Next Generation ESG Index is designed to measure the performance of companies included in the Nasdaq Next Generation 100 Index that also meet strict environmental, social, and governance (ESG) criteria set by the Index Provider. It consists of the largest 100 Nasdaq-listed non-financial companies by market capitalization, excluding financials and real estate investment trusts. The Index employs negative screens to exclude companies engaged in certain prohibited activities, such as Arctic oil and gas exploration and tobacco product manufacturing. Additionally, companies are evaluated based on their ESG risk ratings, and those with severe risk ratings are excluded. The ETF uses a full replication methodology to closely track the Next Generation ESG Index, providing investors with exposure to a socially responsible investment strategy.
QQJG CORRELATION
The correlation aspect of the Next Generation ESG Index is a critical factor for investors to consider when evaluating its performance. While specific correlation data for QQJG is not readily available, it's essential to analyze this ETF's correlation with relevant market indices or sectors to make informed investment decisions. Understanding QQJG's correlation can assist investors in assessing its role in their portfolios, whether for diversification, risk management, or strategic positioning.
QQJG SECTOR
The QQJG ETF is designed to track the performance of companies included in the Nasdaq Next Generation 100 Index®, which meets stringent environmental, social, and governance (ESG) criteria. The ETF primarily includes non-financial companies listed on Nasdaq, with an emphasis on ESG principles. This focus on sustainability and responsible investing may appeal to investors seeking socially responsible investment options while still gaining exposure to a diverse range of sectors, excluding certain industries that do not align with ESG values.
QQJG EXPOSURE
The exposure characteristic of the QQJG ETF focuses on providing investors with a targeted outcome strategy through the use of FLEX Options referencing the price performance of the SPDR® S&P 500® ETF Trust. Under normal market conditions, QQJG invests substantially all of its assets in FLEX Options tied to the performance of the Underlying ETF, aiming to offer a customized approach to managing returns and risks within the context of the S&P 500® Index. Investors interested in exploring the intricacies of this exposure can leverage our tool, ETF Insider, to gain in-depth insights and visualize the correlations, overlaps, and more for this and other US ETFs.