Invesco Takes QQQ Innovation Suite International with QQI Launch

Invesco has launched the Invesco Nasdaq International Innovators 100 ETF (QQI), the first internationally focused strategy in its QQQ Innovation Suite. The fund tracks the Nasdaq International Innovators 100 Index, selecting 100 large- and mid-cap companies outside the U.S. with the highest scores for research and development intensity, revenue growth and profitability. Covering developed and emerging markets, the portfolio weights companies according to size and is reviewed quarterly. QQI carries a total expense ratio of 0.29% and extends the suite’s innovation-focused approach beyond the U.S., offering investors a way to diversify geographically while retaining exposure to growth-oriented businesses.