Invesco announced that its NASDAQ‑100 exchange‑traded funds, QQQM and the flagship QQQ, have added Apple Inc. and NVIDIA Corp. to their holdings. The changes were reported by Yahoo Finance on November 5, 2026. Both ETFs will now track the index with increased weight in these two leading technology stocks.
What happened
According to Yahoo Finance, the Invesco NASDAQ‑100 ETF (ticker QQQM) added NVIDIA and Apple on Tuesday, November 5, 2026. The same day, Invesco’s larger QQQ ETF also incorporated Apple and NVIDIA, with the update recorded on Monday. The additions align the funds more closely with the current composition of the NASDAQ‑100 index, which has elevated Apple and NVIDIA to top‑weight positions.
Why it matters for traders
Both ETFs are widely used by traders to gain exposure to the tech‑heavy NASDAQ‑100. Adding Apple and NVIDIA increases the funds’ exposure to the two highest‑market‑cap stocks in the index, potentially affecting:
- Liquidity and trading volume: Higher demand for QQQM and QQQ shares may follow the rebalancing.
- Tracking error: The adjustments reduce the gap between the ETFs and the underlying index, which can improve performance consistency.
- Sector tilt: Greater weighting in consumer electronics and semiconductor segments may amplify sensitivity to earnings releases from Apple and NVIDIA.
- Yield and dividend considerations: Apple’s dividend and NVIDIA’s growth outlook could influence total return expectations for ETF holders.
What to watch next
Traders should monitor the following developments:
- Execution of the rebalancing trades and any short‑term price impact on QQQM and QQQ.
- Quarterly earnings reports from Apple and NVIDIA, which could move the ETFs.
- Potential further index‑driven changes from Invesco as the NASDAQ‑100 composition evolves.
- Flows into or out of the ETFs as institutional investors adjust their tech exposure.
Sources
- Invesco NASDAQ 100 ETF (QQQM) Adds NVIDIA and Apple on Tuesday (Yahoo Finance)
- INVESCO QQQ (QQQ) Adds Apple and NVIDIA on Monday (Yahoo Finance)
- Should Invesco NASDAQ 100 ETF (QQQM) Be on Your Investing Radar? (Yahoo Finance)
This is a developing story and will be updated as new information is confirmed. For information only, not financial advice. How we report.
