Invesco NASDAQ Competition

QQC Etf

CAD 40.33 0.05 0.12%

Invesco NASDAQ 100 competes with Russell Investments, Mackenzie International, Purpose Global, and IShares SAMPPTSX and other related companies. The peer set adds context for comparison. Peer analytics here show whether Invesco NASDAQ outperforms competitors on quality and value.

Invesco NASDAQ vs Fidelity International Correlation Summary

Average diversification

The correlation between QQC and FCIQ is 0.19, which Macroaxis classifies as Average diversification for the selected horizon. Used correctly, the chart helps investors judge whether adding the second position genuinely diversifies the first.

Moving together with Invesco Etf

0.63	XSP	iShares Core SAMPP	Pair Corr
0.84	ZSP	BMO SAMPP 500	Pair Corr
0.84	VFV	Vanguard SAMPP 500	Pair Corr
0.85	HXS	Global X SAMPP	Pair Corr
0.84	XUS	iShares Core SAMPP	Pair Corr

Moving against Invesco Etf

0.74	HQD	BetaPro NASDAQ 100	Pair Corr
0.41	HIU	BetaPro SAMPP 500	Pair Corr

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The concept of mean reversion suggests that Invesco NASDAQ's price will eventually return toward its long-run average. High prices may deter value investors, while unusually low prices often attract buyers who anticipate a recovery.

Hype

Prediction

Low	Estimated	High
39.37	40.33	41.29

Details

Intrinsic

Valuation

Low	Real	High
39.59	40.55	41.51

Details

Naive

Forecast

Low	Next	High
38.77	39.73	40.69

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
39.79	40.43	41.08

Details

Competitive analysis for Invesco NASDAQ compares its financial performance, valuation multiples, and growth trajectory against sector peers. This peer-relative view often uncovers mispricing that single-company analysis would miss.

Invesco NASDAQ Competition Correlation Matrix

Correlation analysis between Invesco NASDAQ 100 and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		-0.02	-0.03	-0.06	0.11	-0.07	-0.03	0.11	-0.07	0.07	META
MSFT	-0.02		0.84	-0.22	-0.91	0.83	0.97	0.55	-0.92	-0.95	MSFT
UBER	-0.03	0.84		-0.16	-0.83	0.84	0.82	0.41	-0.81	-0.83	UBER
F	-0.06	-0.22	-0.16		0.06	0.11	-0.21	0.19	0.33	0.17	F
T	0.11	-0.91	-0.83	0.06		-0.86	-0.86	-0.47	0.82	0.86	T
A	-0.07	0.83	0.84	0.11	-0.86		0.82	0.68	-0.73	-0.85	A
CRM	-0.03	0.97	0.82	-0.21	-0.86	0.82		0.62	-0.89	-0.97	CRM
JPM	0.11	0.55	0.41	0.19	-0.47	0.68	0.62		-0.38	-0.61	JPM
MRK	-0.07	-0.92	-0.81	0.33	0.82	-0.73	-0.89	-0.38		0.92	MRK
XOM	0.07	-0.95	-0.83	0.17	0.86	-0.85	-0.97	-0.61	0.92		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

CRM	+ 0.97	MSFT
XOM	+ 0.92	MRK
XOM	+ 0.86	T
UBER	+ 0.84	MSFT
A	+ 0.84	UBER
A	+ 0.83	MSFT

High negative correlations

XOM	- 0.97	CRM
XOM	- 0.95	MSFT
MRK	- 0.92	MSFT
T	- 0.91	MSFT
MRK	- 0.89	CRM
CRM	- 0.86	T

Invesco NASDAQ Competition Risk-Adjusted Indicators

There is a big difference between Invesco Etf performing well and Invesco NASDAQ ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Invesco NASDAQ's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
META	1.41	0.01	0.01	0.00	1.67	-1.41	2.30	-2.81	13.69
MSFT	1.28	-0.24	0.00	-0.71	0.00	0.00	2.19	-2.87	13.28
UBER	1.55	-0.28	0.00	-1.04	0.00	0.00	2.70	-3.82	11.09
F	1.34	-0.08	0.00	-1.26	0.00	0.00	3.61	-2.64	10.01
T	1.13	0.12	0.10	-0.52	1.20	-1.29	3.87	-1.92	8.53
A	1.27	-0.35	0.00	-0.37	0.00	0.00	2.48	-2.73	7.20
CRM	1.78	-0.33	0.00	-0.44	0.00	0.00	4.03	-4.75	12.37
JPM	1.22	-0.10	0.00	-0.08	0.00	0.00	2.34	-3.11	8.17
MRK	1.19	0.24	0.17	0.46	1.29	-1.29	2.54	-2.06	7.29
XOM	1.34	0.41	0.28	6.84	1.14	-1.58	2.90	-2.44	6.83

Invesco NASDAQ Competitive Analysis

Analyzing Invesco NASDAQ alongside its competitors can reveal how well the company is executing relative to peers. For longer-term investors, tracking Invesco NASDAQ's market share trends against competition is a key input for investment decisions.

Better Than Average

Worse Than Peers

View Performance Chart

	QQC	RIIN	QDX	BND	XEG	EQL	XWD	VEF	FCIQ
	0.12 40.33 Invesco	0.04 23.52 Russell	0.34 148.55 Mackenzie	0.06 17.85 Purpose	2.57 24.77 IShares	0.25 40.52 Invesco	0.10 108.36 IShares	0.08 71.73 Vanguard	0.22 44.51 Fidelity
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Weak	Balanced	Contained	Soft	Constructive	Soft	Weak	Balanced	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Buy	Buy	Cautious Hold	Strong Buy	Strong Hold	Strong Hold	Strong Buy	Strong Hold
Holdings Turnover	N/A	N/A	N/A	N/A	154.1	N/A	104.18	N/A	N/A
Net Asset	125.32 M	1.31 B	16.81 M	69.86 M	642.76 M	N/A	728.14 M	384.75 M	234.93 M
Price To Book	4.46	N/A	N/A	N/A	N/A	N/A	2.0	N/A	N/A
Five Year Return	N/A	12.9	10.5	3.4	28.7	10.5	12.9	12.3	6.6
One Year Return	21.2	19.8	15.4	5.4	55.6	7.6	15.4	27.2	6.7
Last Dividend Paid	N/A	N/A	1.3	0.0483	0.042	N/A	0.38	0.33	0.33
Price To Earning	21.91	N/A	N/A	12.47	2.18	N/A	17.63	15.57	N/A
Beta	1.09	0.94	0.98	0.49	0.94	0.85	1.01	0.82	0.94
Price To Sales	2.84	N/A	N/A	0.67	N/A	N/A	1.41	N/A	N/A
Equity Positions Weight	47.9	97.6	99.9	0.01	99.84	78.85	99.7	99.73	98.63
Three Year Return	27.8	14.6	15.6	6.8	20.0	12.3	19.2	17.9	12.6
Annual Yield	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.0299	N/A
Bond Positions Weight	N/A	N/A	N/A	43.75	N/A	N/A	N/A	N/A	N/A
Ten Year Return	N/A	N/A	N/A	3.2	11.5	N/A	12.4	10.7	N/A
Day Typical Price	40.36	23.5	148.4	17.85	24.57	40.52	108.37	71.6	44.46
Accumulation Distribution	798.49	5.95	236.21	43.84	41944.74	157.74	268.11	85.31	106.26
Daily Balance Of Power	0.119	0.2	-0.49	0.3333	0.9538	-0.42	-0.11	0.1277	-0.24
Period Momentum Indicator	0.05	0.01	-0.50	0.01	0.62	-0.10	-0.11	0.06	-0.10
Rate Of Daily Change	1.0	1.0	1.0	1.0	1.03	1.0	1.0	1.0	1.0
Day Median Price	40.38	23.49	148.32	17.85	24.48	40.52	108.37	71.54	44.44
Price Action Indicator	-0.03	0.03	-0.03	0.01	0.61	-0.05	-0.07	0.23	0.02
Relative Strength Index	46.09	54.36	44.26	43.81	71.46	42.95	42.89	50.12	44.09
Coefficient Of Variation	-1,313	725.06	2103.28	3392.38	419.02	9133.33	-2,445	709.94	-2,794
Mean Deviation	0.726	0.4538	0.6855	0.11	1.16	0.6386	0.5331	0.5443	0.7333
Jensen Alpha	-0.07	0.079	0.0468	-0.01	0.333	0.0135	-0.02	0.1152	-0.03
Total Risk Alpha	-0.06	0.0912	0.0564	-0.0017	0.371	0.0205	-0.02	0.1223	-0.02
Sortino Ratio	N/A	0.1392	0.0542	0.0811	0.2597	0.0244	N/A	0.1148	N/A
Downside Variance	N/A	0.4708	0.9627	0.0352	1.85	0.65	N/A	1.13	N/A
Standard Deviation	0.9467	0.6137	0.8908	0.1478	1.43	0.8042	0.699	0.7882	0.9394
Kurtosis	-0.43	3.1	1.32	0.4096	0.1861	-0.19	0.3193	4.11	0.7568
Potential Upside	1.39	1.02	1.23	0.2236	2.57	1.31	0.9837	1.13	1.28
Treynor Ratio	-0.10	0.3554	0.0468	-0.43	10.23	-0.0017	-0.06	0.149	-0.07
Maximum Drawdown	3.8	3.76	5.08	0.6704	5.14	3.55	3.55	4.98	4.56
Variance	0.8963	0.3766	0.7936	0.0219	2.06	0.6468	0.4886	0.6213	0.8824
Market Risk Adjusted Performance	-0.09	0.3654	0.0568	-0.42	10.24	0.0083	-0.05	0.159	-0.06
Risk Adjusted Performance	-0.06	0.1041	0.0381	-0.02	0.1893	0.0089	-0.03	0.1092	-0.03
Skewness	-0.11	-0.99	-0.67	-0.49	-0.28	-0.07	-0.26	-1.37	-0.63
Semi Deviation	N/A	0.5547	0.9257	0.1282	1.14	0.7763	N/A	0.8146	N/A
Information Ratio	-0.06	0.1556	0.0597	0.1029	0.2462	0.0244	-0.03	0.1546	-0.02
Value At Risk	-1.80	-0.68	-1.34	-0.28	-1.49	-1.16	-1.12	-1.03	-1.47
Expected Short fall	N/A	-0.49	-0.69	-0.13	-1.37	-0.69	N/A	-0.51	N/A
Downside Deviation	N/A	0.6861	0.9812	0.1876	1.36	0.8062	N/A	1.06	N/A
Semi Variance	N/A	0.3077	0.8569	0.0164	1.31	0.6027	N/A	0.6635	N/A

Invesco NASDAQ Peer Performance Charts

How to Analyze Invesco NASDAQ Against Peers

Invesco NASDAQ's peer analysis compares Invesco NASDAQ with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether Invesco NASDAQ trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where Invesco NASDAQ leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

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Invesco NASDAQ Competition

Invesco NASDAQ vs Fidelity International Correlation Summary

Average diversification

Moving together with Invesco Etf

Moving against Invesco Etf

Specify up to 10 symbols:

Invesco NASDAQ Competition Correlation Matrix

High positive correlations

High negative correlations

Invesco NASDAQ Competition Risk-Adjusted Indicators

Invesco NASDAQ Competitive Analysis

Invesco NASDAQ Peer Performance Charts

How to Analyze Invesco NASDAQ Against Peers

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