Invesco EQQQ Competition

EQQQ Etf

USD 522.50 1.90 0.36%

Invesco EQQQ NASDAQ competes with UBSFund Solutions, Vanguard, IShares VII, IShares Core, and Lyxor Japan; as well as few others. Analyzing Invesco EQQQ competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Invesco EQQQ to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Invesco EQQQ Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Invesco EQQQ competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
521.54	522.50	523.46

Details

Intrinsic

Valuation

Low	Real	High
477.13	478.09	574.75

Details

Invesco EQQQ Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Invesco EQQQ and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Invesco and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Invesco EQQQ NASDAQ does not affect the price movement of the other competitor.

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.78	-0.54	-0.35	0.46	0.32	0.57	0.27	-0.16	-0.51	META
MSFT	0.78		-0.65	-0.25	0.55	0.07	0.61	0.38	-0.21	-0.76	MSFT
UBER	-0.54	-0.65		0.41	-0.73	0.18	-0.78	-0.55	0.61	0.73	UBER
F	-0.35	-0.25	0.41		0.06	-0.25	-0.01	0.27	-0.1	0.6	F
T	0.46	0.55	-0.73	0.06		-0.34	0.87	0.84	-0.69	-0.42	T
A	0.32	0.07	0.18	-0.25	-0.34		-0.32	-0.51	0.7	0.12	A
CRM	0.57	0.61	-0.78	-0.01	0.87	-0.32		0.88	-0.78	-0.48	CRM
JPM	0.27	0.38	-0.55	0.27	0.84	-0.51	0.88		-0.84	-0.25	JPM
MRK	-0.16	-0.21	0.61	-0.1	-0.69	0.7	-0.78	-0.84		0.27	MRK
XOM	-0.51	-0.76	0.73	0.6	-0.42	0.12	-0.48	-0.25	0.27		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

JPM	+ 0.88	CRM
CRM	+ 0.87	T
JPM	+ 0.84	T
MSFT	+ 0.78	META
XOM	+ 0.73	UBER
MRK	+ 0.7	A

High negative correlations

MRK	- 0.84	JPM
MRK	- 0.78	CRM
CRM	- 0.78	UBER
XOM	- 0.76	MSFT
T	- 0.73	UBER
MRK	- 0.69	T

Invesco EQQQ Competition Risk-Adjusted Indicators

There is a big difference between Invesco Etf performing well and Invesco EQQQ 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 EQQQ'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	1.21	0.10	0.04	0.53	1.42	(1.36)	2.62	(3.15)	7.43
MSFT	0.85	0.04	(0.01)	(0.14)	1.60	(0.78)	1.78	(2.23)	8.14
UBER	1.65	(0.33)	0.00	(1.77)	0.00	0.00	2.53	(5.35)	20.41
F	1.45	(0.12)	0.00	(0.17)	0.00	0.00	2.53	(2.90)	11.21
T	0.95	0.10	0.05	0.42	1.12	(0.98)	1.93	(1.99)	7.95
A	1.23	(0.06)	0.00	(0.06)	0.00	0.00	2.71	(2.42)	9.02
CRM	1.46	0.37	0.20	90.15	1.31	(1.65)	3.18	(2.88)	14.80
JPM	1.06	0.23	0.14	(2.23)	1.11	(1.26)	1.99	(1.44)	15.87
MRK	0.97	(0.21)	0.00	(0.96)	0.00	0.00	1.72	(2.17)	5.17
XOM	0.87	(0.14)	0.00	(0.95)	0.00	0.00	1.83	(2.14)	6.06

Unable to evaluate fundamental data of [JPNJPA.SW, VUSA.SW, CSNKY.SW, CSSPX.SW, LYJPN.SW, EIMI.SW, IUSA.SW, MSE.SW, IEAC.SW] at this time. Please try again later

All Fundamental Data

Invesco EQQQ Competitive Analysis

The better you understand Invesco EQQQ competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Invesco EQQQ's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Invesco EQQQ's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

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	EQQQ	JPNJPA	VUSA	CSNKY	CSSPX	LYJPN	EIMI	IUSA	MSE	IEAC
	0.36 522.50 Invesco	0.10 47.98 UBSFund	0.12 101.16 Vanguard	0.00 39,180 IShares	0.57 628.60 IShares	0.00 26,135 Lyxor	0.23 34.33 IShares	0.84 58.85 IShares	0.00 52.65 Lyxor	0.05 113.50 IShares
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	OK	Very Weak	Good	Insignificant	Modest	Weak	Very Weak	Modest	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Under Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	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	Strong Sell	Strong Hold	Sell	Hold	Cautious Hold	Hold	Hold	Cautious Hold	Cautious Hold
Price To Sales	N/A	0.66	1.86	0.84	1.86	0.6	1.09	1.86	N/A	N/A
Equity Positions Weight	90.88	99.25	100.0	98.42	99.68	100.0	99.15	99.79	100.0	N/A
Holdings Turnover	N/A	N/A	N/A	N/A	N/A	N/A	91.59	N/A	N/A	31.39
Three Year Return	18.41	9.49	17.58	12.4	17.45	4.14	9.24	16.65	8.18	2.2
Net Asset	1.77 B	71.12 B	32 B	26.5 B	25.52 B	13.29 B	12.6 B	11.95 B	8.06 B	8.02 B
Price To Book	N/A	1.04	2.65	1.48	2.68	1.0	1.33	2.68	N/A	N/A
Five Year Return	18.07	5.63	16.62	8.5	16.84	5.44	2.07	16.86	8.56	2.69
One Year Return	32.03	-7.01	41.68	-2.54	40.98	-12.12	-9.06	52.85	42.91	4.84
Last Dividend Paid	0.28	46.02	0.2	N/A	N/A	148.0	N/A	N/A	N/A	N/A
Bond Positions Weight	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	97.64
Ten Year Return	18.42	6.36	N/A	N/A	13.97	6.65	N/A	13.3	6.39	4.62
Price To Earning	N/A	13.9	19.24	18.17	19.06	13.37	12.6	19.05	N/A	N/A
Day Typical Price	522.13	48.0	101.01	39180.0	629.3	26135.0	34.36	59.02	52.65	113.52
Accumulation Distribution	0.0124	0.001	0.0049	N/A	0.0084	N/A	0.0055	0.0088	N/A	5.0E-4
Market Facilitation Index	6.5	0.05	0.5	N/A	5.3	N/A	0.19	0.52	N/A	0.06
Daily Balance Of Power	(0.29)	(1.00)	0.24	0.0	(0.68)	0.0	(0.42)	(0.96)	0.0	(1.00)
Period Momentum Indicator	(1.90)	(0.05)	0.12	N/A	(3.60)	N/A	(0.08)	(0.50)	N/A	(0.06)
Rate Of Daily Change	1.0	1.0	1.0	1.0	0.99	1.0	1.0	0.99	1.0	1.0
Day Median Price	521.95	48.01	100.93	39180.0	629.65	26135.0	34.38	59.11	52.65	113.53
Price Action Indicator	(0.40)	(0.05)	0.29	N/A	(2.85)	N/A	(0.09)	(0.51)	N/A	(0.06)
Coefficient Of Variation	811.06	11102.52	535.22	2761.42	1142.69	4464.2	(2,211)	1216.5	(104,939)	40826.69
Mean Deviation	0.6329	0.7559	0.5329	0.8471	0.4466	0.7316	0.7158	0.45	0.6218	0.255
Jensen Alpha	0.1	0.0056	0.1402	0.0295	0.0465	0.0051	(0.07)	0.0445	(0.01)	(0.01)
Total Risk Alpha	0.0539	(0.05)	0.0965	(0.03)	0.0124	(0.04)	(0.11)	0.0092	(0.06)	(0.03)
Sortino Ratio	0.0529	(0.05)	0.1295	(0.02)	0.0074	(0.04)	N/A	0.0044	N/A	(0.14)
Downside Variance	1.34	0.7744	0.5627	0.9574	0.6608	0.8255	N/A	0.6818	N/A	0.144
Standard Deviation	0.9291	0.9796	0.8049	1.06	0.6771	0.9549	0.9802	0.6922	0.844	0.3358
Kurtosis	3.15	0.3366	7.07	(0.34)	5.67	0.7464	0.6672	5.81	0.9719	0.4231
Potential Upside	1.47	1.63	1.15	1.77	0.724	1.35	2.14	1.02	1.15	0.6024
Treynor Ratio	0.9948	0.0075	35.1	(1.06)	0.7733	0.0785	(0.22)	0.8272	0.73	(0.56)
Maximum Drawdown	5.27	4.24	5.82	4.4	5.02	5.15	4.68	5.14	4.39	1.67
Variance	0.8633	0.9596	0.6479	1.12	0.4585	0.9118	0.9608	0.4792	0.7124	0.1127
Market Risk Adjusted Performance	1.0	0.0175	35.11	(1.05)	0.7833	0.0885	(0.21)	0.8372	0.74	(0.55)
Risk Adjusted Performance	0.0994	0.009	0.1485	0.0313	0.0678	0.0195	(0.03)	0.0638	(0.0002)	(0.01)
Skewness	(1.13)	0.4451	0.9352	0.248	(0.79)	0.2717	0.2528	(0.92)	0.122	(0.23)
Semi Deviation	0.991	0.8621	0.5107	0.9155	0.6838	0.8823	N/A	0.7137	N/A	0.365
Information Ratio	0.066	(0.05)	0.1207	(0.01)	0.0088	(0.03)	(0.1)	0.0053	(0.06)	(0.16)
Value At Risk	(1.78)	(1.31)	(1.32)	(1.69)	(0.61)	(1.33)	(1.74)	(0.74)	(1.44)	(0.53)
Expected Short fall	(0.62)	(0.84)	(0.60)	(1.00)	(0.45)	(0.78)	N/A	(0.44)	N/A	(0.23)
Downside Deviation	1.16	0.88	0.7501	0.9784	0.8129	0.9086	N/A	0.8257	N/A	0.3795
Semi Variance	0.9822	0.7432	0.2608	0.8382	0.4676	0.7784	N/A	0.5094	N/A	0.1332

Invesco EQQQ Competition Performance Charts

Five steps to successful analysis of Invesco EQQQ Competition

Invesco EQQQ's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Invesco EQQQ NASDAQ in relation to its competition. Invesco EQQQ's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Invesco EQQQ in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Invesco EQQQ's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Invesco EQQQ NASDAQ, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Other Information on Investing in Invesco Etf

Invesco EQQQ financial ratios help investors to determine whether Invesco Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Invesco with respect to the benefits of owning Invesco EQQQ security.

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