Invesco China Technology Etf Profile
| CQQQ Etf | USD 40.57 0.25 0.62% |
Performance10 of 100
| Odds Of DistressLess than 9
|
Invesco China is selling at 40.57 as of the 30th of November 2024; that is 0.62 percent increase since the beginning of the trading day. The etf's last reported lowest price was 40.13. Invesco China has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Invesco China Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index, as well as ADRs and GDRs that represent securities in the underlying index. China Technology is traded on NYSEARCA Exchange in the United States. More on Invesco China Technology
Moving together with Invesco Etf
| 0.95 | KWEB | KraneShares CSI China | PairCorr |
| 0.94 | FXI | iShares China Large | PairCorr |
| 0.98 | ASHR | Xtrackers Harvest CSI | PairCorr |
| 0.98 | GXC | SPDR SP China | PairCorr |
Moving against Invesco Etf
Invesco Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Dividend Beast, Information Technology ETFs, China Region, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2009-12-08 |
| Benchmark | FTSE China Incl A 25% Technology Capped Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 201,566.6 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Information Technology |
| Market Concentration | Emerging Markets |
| Region | Asia-Pacific |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Invesco Capital Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Invesco Distributors, Inc. |
| Portfolio Manager | Peter Hubbard, Michael Jeanette, Pratik Doshi, Tony Seisser |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 301 |
| Market Maker | GTS |
| Total Expense | 0.65 |
| Management Fee | 0.65 |
| Country Name | USA |
| Returns Y T D | 12.16 |
| Name | Invesco China Technology ETF |
| Currency Code | USD |
| Open Figi | BBG00KXH51H5 |
| In Threey Volatility | 38.24 |
| 1y Volatility | 42.34 |
| 200 Day M A | 35.1439 |
| 50 Day M A | 41.0016 |
| Code | CQQQ |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.36) |
Invesco China Technology [CQQQ] is traded in USA and was established 2009-12-08. The fund is listed under China Region category and is part of Invesco family. The entity is thematically classified as Sector ETFs. Invesco China Technology currently have 822.96 M in assets under management (AUM). , while the total return for the last 3 years was -15.2%.
Check Invesco China Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco China Technology Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Invesco China Technology Currency Exposure
Invesco China Technology holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Invesco China will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Invesco China Technology.
Top Invesco China Technology Etf Constituents
| AACAF | AAC Technologies Holdings | Pink Sheet | Communication Equipment | |
| YY | YY Inc Class | Stock | Communication Services | |
| TME | Tencent Music Entertainment | Stock | Communication Services | |
| TCTZF | Tencent Holdings | Pink Sheet | Internet Content & Information | |
| SNPTF | Sunny Optical Technology | Pink Sheet | Electronic Components | |
| NTES | NetEase | Stock | Communication Services | |
| KBDCF | Kingboard Holdings Limited | Pink Sheet | US Pink Sheet | |
| JD | JD Inc Adr | Stock | Consumer Discretionary |
Invesco China Top Holders
| RQEAX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation | |
| RQEIX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation | |
| RQECX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation |
Invesco China Technology Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco China. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1144 | |||
| Jensen Alpha | 0.4474 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.1174 |
Invesco China Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Invesco China Technology. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of Invesco China Technology is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco China's value that differs from its market value or its book value, called intrinsic value, which is Invesco China's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco China's market value can be influenced by many factors that don't directly affect Invesco China's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco China's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.