Key stats
About Invesco Nasdaq Free Cash Flow Achievers ETF
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Inception date
Dec 6, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
ISIN
US46138G4661
QOWZ aims to mirror the performance of a broad US index comprised of companies that are perceived to be Free Cash Flow Achievers, or those that have displayed positive free cash flow for 11 consecutive years. A positive free cash flow is said to show financial strength and operational efficiency. The fund puts emphasis on firms with consistent year-over-year growth in free cash flow, picking the top 50 based on the duration of positive change. In the case of ties or multiple organizations showing the same number of years with positive free cash flow, those with the highest three-year compounded growth rates are chosen. QOWZ primarily invests in US-listed companies and is diversified across sectors and industries, excluding financials and real estate. Market capitalization influences weighting, with checks to ensure no single entity or sector overly influences the fund's value. The fund undergoes an annual reconstitution and quarterly rebalancing to maintain its investment targets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks99.98%
Technology Services42.22%
Electronic Technology22.41%
Health Technology7.57%
Consumer Services6.16%
Finance4.96%
Industrial Services3.81%
Commercial Services3.13%
Producer Manufacturing2.58%
Consumer Non-Durables2.02%
Process Industries1.48%
Transportation1.45%
Consumer Durables1.36%
Health Services0.84%
Bonds, Cash & Other0.02%
Mutual fund0.02%
Cash0.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QOWZ invests in stocks. The fund's major sectors are Technology Services, with 42.22% stocks, and Electronic Technology, with 22.41% of the basket. The assets are mostly located in the North America region.
QOWZ top holdings are NVIDIA Corporation and Broadcom Inc., occupying 10.54% and 7.19% of the portfolio correspondingly.
QOWZ last dividends amounted to 0.02 USD. The quarter before, the issuer paid 0.04 USD in dividends, which shows a 131.11% decrease.
QOWZ assets under management is 15.30 M USD. It's risen 0.85% over the last month.
QOWZ fund flows account for 5.55 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, QOWZ pays dividends to its holders with the dividend yield of 0.30%. The last dividend (Sep 26, 2025) amounted to 0.02 USD. The dividends are paid quarterly.
QOWZ shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Dec 6, 2023, and its management style is Passive.
QOWZ expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
QOWZ follows the Nasdaq US Free Cash Flow Achievers Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QOWZ invests in stocks.
QOWZ price has risen by 2.30% over the last month, and its yearly performance shows a 12.89% increase. See more dynamics on QOWZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.97% over the last month, showed a 2.76% increase in three-month performance and has increased by 14.40% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.97% over the last month, showed a 2.76% increase in three-month performance and has increased by 14.40% in a year.
QOWZ trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.