QOWZ
Invesco Nasdaq Free Cash Flow Achievers ETF
QOWZ tracks an index composed of US-listed companies that are perceived to have strong free cash flow and show consistent growth.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 13.4 M
ASSETS UNDER MGMT
39 bp
EXPENSES
Fund Basics
| Inception date | Dec 04, 2023 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NVIDIA CORP | 11.8 % |
| BROADCOM INC. | 8.8 % |
| META PLATFORMS INC | 5.9 % |
| KLA CORPORATION | 5.5 % |
| MASTERCARD INCORPORATED CLASS A | 4.2 % |
| FORTINET INC | 3.8 % |
| CADENCE DESIGN SYS INC | 3.0 % |
| THERMO FISHER SCIENTIFIC INC | 2.9 % |
| SALESFORCE.COM INC | 2.4 % |
| AUTOMATIC DATA PROCESSING | 2.4 % |
Constituent Breakdown
| Number of holdings | 52 |
| Herfindahl-Hirschman Index | 415 |
| Wgt avg mkt cap (mns) | $919,408 |
| Large cap (>$10bn) | 89.2% |
| Mid cap ($2-10bn) | 8.8% |
| Small cap (<$2bn) | 2.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 100.0 % |
Historical Performance
Standardized Performance (as of 06/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -5.1% | -4.4% | 5.9% | -- | -- | -- | -- | 14.9% |
| Dividend Yield | 0.2% | 0.2% | 0.5% | -- | -- | -- | -- | 0.5% |
| Total Returns | -4.9% | -4.1% | 6.4% | -- | -- | -- | -- | 15.4% | Ann. Volatility | 18.0% | 15.6% | 20.1% | -- | -- | -- | -- | 19.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.97 | 61% |
| MSCI EAFE | 0.50 | 26% |
| MSCI Emg Mkts | 0.35 | 27% |
Liquidity Measures
| Avg. volume (000) | 2 |
| ADV traded (mns) | $0 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.17% |
Technical Indicators
| 30d moving avg. (EMA) | $33.94 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.19/0.06 |
| Bollinger Bands (Upper/Lower) | $34.93/$32.61 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. QOWZ |
Expenses vs. QOWZ |
ALTAR Score™ vs. QOWZ |
|---|---|---|---|---|
| LCOW | Pacer S&P 500 Quality FCF Aristocrats ETF | 29.2% | +10 bp | +1.6% |
| DRUP | GraniteShares Nasdaq Select Disruptors ETF | 28.9% | +21 bp | 0.0% |
| PJFG | PGIM Jennison Focused Growth ETF | 28.5% | +36 bp | -1.5% |
| JGRW | Jensen Quality Growth ETF | 28.2% | +18 bp | +0.7% |
| IETC | iShares U.S. Tech Independence Focused ETF | 28.2% | -21 bp | -0.1% |
| GROZ | Zacks Focus Growth ETF | 28.2% | +16 bp | -0.8% |
| FFOG | Franklin Focused Growth ETF | 27.7% | +22 bp | -1.7% |
| QGRW | WisdomTree U.S. Quality Growth Fund | 27.7% | -11 bp | -0.4% |
| SHOC | Strive U.S. Semiconductor ETF Strive U.S. Semiconductor ETF | 27.4% | +1 bp | -2.1% |
| USXF | iShares ESG Advanced MSCI USA ETF | 26.6% | -29 bp | +0.4% |
Risk and Returns: QOWZ vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 7/17/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
4.3%
ALTAR SCORE™
31st
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,401 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. QOWZ's ALTAR Score™ is approximately -0.5 standard
deviations above the category average. This places QOWZ in the 31st percentile
among funds in the category.
Sell-Side Consensus
$45.11
PRICE TARGET
+28.8%
UPSIDE