Invesco NASDAQ 100 ETF

QQQM

Market cap $75.3B

Starting January 1, 2026, workers who earned more than $145,000 in FICA wages (Social Security wages, Box 3 of Form W-2) from their employer in the prior year can no longer make pre-tax catch-up contributions to their 401(k) or similar plan.

Invesco NASDAQ 100 ETF (QQQM) presents an attractive valuation gap after a >10% decline, with sector earnings expectations intact. QQQM now trades near its 10-year average valuation; The fears that have compressed valuations are the “AI bubble” and the “Iran conflict”. At similar levels measured by the RSI indicator, potential accumulation zones have emerged (IMO).

The global economic outlook is beginning to look shakier and equity markets have begun to decline. In these types of environments, risk management can protect your portfolio and get you through the tougher times.

The artificial intelligence (AI) investing thesis has taken some interesting turns this year, fraying some investors' nerves in the process.

Invesco NASDAQ 100 ETF (NYSEARCA:QQQM) has returned nearly 94% over the past five years, making it one of the most compelling passive growth vehicles for retail investors.

The Invesco Nasdaq 100 ETF isn't a pure-play tech ETF, but tech accounts for nearly 60% of the fund. Holding non-tech stocks helps hedge against tech-specific downturns the market may experience.

Remember the old saying about making a mountain out of a molehill? Some experts argue that saying applies to the victimization of various technology companies by fears of artificial intelligence (AI) disruption.

These are interesting times to engage with technology stocks. Some companies, many residing in the software industry, have seen punishment on fears that artificial intelligence (AI) will render their business models obsolete.

Nasdaq-100 ETFs have lost a bit of their luster in 2026. The AI trade is likely to still be a bullish long-term catalyst for stock prices, but many investors are focused on the short term.

This isn't the perfect climate for consumer spending, particularly the discretionary side. There's tariff inflation, the expiration of the Affordable Care Act credits, and spiking energy prices due to conflict in Iran.