Invesco Nasdaq Free Cash Flow Achievers (QOWZ) ETF Holdings & Analysis

What QOWZ does

The Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) endeavors to mirror the investment performance of the Nasdaq US Free Cash Flow Achievers Index, prior to accounting for fees and operating expenses. The fund allocates a minimum of 90% of its total assets to the securities that constitute this benchmark. The underlying Index is designed to track U.S.-listed companies exhibiting continuous and robust growth in their free cash flow. For inclusion, a company must already be a component of the NASDAQ US Benchmark Index and, crucially, must have generated positive free cash flow in every one of the preceding eleven years. Free cash flow refers to the capital a business retains after covering its operating expenses and capital investments. The Index undergoes an annual reconstitution process each June, and both QOWZ and the Index are rebalanced on a quarterly basis.

Fund profile

Top holdings

Sector allocation

Geographic allocation

PortView Portfolio Insights

PortView analyzes how QOWZ fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does QOWZ track?

QOWZ is the Invesco Nasdaq Free Cash Flow Achievers ETF, a Other ETF.

What is the expense ratio of QOWZ?

Expense ratio data for QOWZ is shown on the page when available from our data provider.

What are the largest holdings in QOWZ?

Top holdings include NVDA, AVGO, MA, CRM, NOW.

How can PortView analyze QOWZ overlap with other ETFs?

PortView computes the holdings overlap between QOWZ and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.