What Is the QQMG ETF? A Complete Guide to Returns, Expense Ratio, Holdings, and Alternative ETFs
The Invesco ESG NASDAQ 100 ETF (QQMG) tracks the NASDAQ 100 ESG Index, combining large-cap technology and growth stock exposure with ESG screening in a passive core product. The key selection factors are the management fee, ESG criteria, dividends, and how its composition differs from QQQ.
SubscribeWhat Is the Invesco ESG NASDAQ 100 ETF?
The fund tracks the NASDAQ 100 ESG Index, which is made up of NASDAQ 100 constituents that meet ESG criteria. It holds large non-financial companies listed on the NASDAQ, weighted by market capitalization, after applying ESG screening.
It suits long-term investors who want to diversify across large-cap technology and growth stocks while also reflecting ESG standards.
It is a passively managed (index-tracking) ETF run by Invesco.
How Does the Invesco ESG NASDAQ 100 ETF Invest?
| Item | Details |
|---|---|
| Tracked Index | NASDAQ 100 ESG |
| Management Style | Passive (index-tracking) |
| Issuer | Invesco |
| Rebalancing Frequency | Regular rebalancing |
| Dividend Frequency | Quarterly dividends |
| Total Expense Ratio | 0.20% |
From the companies included in the NASDAQ 100, the fund selects only those that meet the index provider's ESG criteria and holds them by market-cap weight. It is a passive structure that invests most of its assets in the constituents of the tracked index, and its composition is updated based on ESG evaluations and the index's regular reviews.
- NASDAQ 100 exposure combined with ESG screening
- Core passive management centered on large growth stocks
Invesco ESG NASDAQ 100 ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) stand at $209.0M, and the total expense ratio is 0.20% per year.
Because of the ESG screening, its composition and exposure may differ from a standard NASDAQ 100 ETF.
Invesco ESG NASDAQ 100 ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeWith a high weighting in large technology and growth stocks, its returns tend to fluctuate with the performance of that sector. It is quite sensitive to interest rates, earnings seasons, and investor sentiment toward tech stocks.
The ESG theme and demand for large growth stocks influence fund flows. Interest may rise when tech stocks are strong, while volatility may increase in risk-averse phases.
Invesco ESG NASDAQ 100 ETF Pros and Cons
Its strengths are large growth stock exposure combined with ESG screening, while its weaknesses are tech concentration and tracking differences resulting from ESG criteria.
💪 Key Strengths
⚠️ Points to Watch
Invesco ESG NASDAQ 100 ETF Alternatives and Related Products
ESGU, ESGV, DSI, SUSA, and the others shown in the table are large ESG ETFs that hold US stocks broadly under ESG criteria. They differ in issuer, fees, and screening methodology, which makes them useful comparisons. On the other hand, direct substitutes that track the same NASDAQ 100 without ESG screening include QQQ and the lower-fee QQQM. Investors who want pure large growth stock exposure without ESG criteria can compare fees and composition against these funds.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 ESGU | iShares Trust iShares ESG Aware MSCI USA ETF | $164.40 | -0.5% | $17.8B | 0.15% | 0.94% | +9.9% |
 ESGV | Vanguard ESG U.S. Stock ETF | $132.05 | -0.5% | $13.0B | 0.09% | 0.9% | +8.8% |
 DSI | iShares ESG MSCI KLD 400 ETF | $142.09 | -0.6% | $5.4B | 0.25% | 0.9% | +9.5% |
 SUSA | iShares ESG Optimized MSCI USA ETF | $154.47 | -0.4% | $4.0B | 0.25% | 0.84% | +10.7% |
 USCA | Xtrackers MSCI USA Climate Action Equity ETF | $44.58 | -0.5% | $3.3B | 0.07% | 1.07% | +5.5% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
 USLM | United States Lime & Minerals Inc | 0.47% | $118.99 | +6.6% | $3.4B | 25.6 | 0.2% |
Invesco ESG NASDAQ 100 ETF Investor Checkpoints
Here are the points to review before investing in QQMG. It provides core exposure to large growth stocks, but factors such as costs, tech concentration, ESG criteria, and exchange rates are worth checking in advance.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense Ratio | Check the cumulative cost impact over a long holding period | Annual fee applies |
| 📊 Tech Concentration | Trend in the weighting of large tech stocks among top holdings | High weighting in large growth stocks |
| 🌱 ESG Criteria | ESG screening methodology and tracking difference | Needs verification |
| 💱 Exchange Rate | Impact on returns converted into Korean won | No currency hedge |
Concentration in large tech stocks and tracking differences from ESG screening are the main drivers of volatility. During tech corrections, even a core holding can suffer sizable short-term losses.
It is a suitable choice for investors who want core exposure to large growth stocks that reflects ESG criteria. If ESG criteria are not needed, it is best to decide after comparing fees and composition with QQQ and QQQM.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of June 18, 2026.
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