Overview
Description
The Invesco NASDAQ Next Gen 100 ETF is an exchange-traded fund designed to provide exposure to the next generation of non-financial companies listed on the NASDAQ Stock Market. The primary purpose of this ETF is to track the performance of the NASDAQ Next Generation 100 Index, which comprises the 101st to 200th largest non-financial stocks listed on NASDAQ based on market capitalization. This ETF offers investors a distinctive opportunity to invest in the up-and-coming companies with potential for growth as they strive to join the ranks of the iconic NASDAQ-100. Industries covered by this ETF vary widely, including technology, health care, consumer services, and industrials, offering sector diversification beyond tech-heavy indices. Launched by Invesco, a leading asset management company, the Invesco NASDAQ Next Gen 100 ETF plays a crucial role in providing investors access to mid-cap stocks on a major index, making it a significant financial instrument for those looking to expand their investment portfolios with exposure to innovative and dynamic market sectors.
About
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Website
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Instrument type
ETF
Country
United States
MIC code
XNMS