QQQJ Fees and Costs — Invesco NASDAQ Next Gen 100 ETF
Data updated: 2026-07-28
The net expense ratio is 0.15%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $50K in broker commissions, 0.0079% of average net assets, and portfolio turnover was 27%.
QQQJ Fees and Expenses
Annual operating expenses and sales charges of QQQJ. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.15% |
| Fee waiver | — |
| Net expense ratio | 0.15% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
QQQJ Costs Over Time
On $10,000 invested in QQQJ, assuming 5% a year before costs, total costs come to $100 over 5 years, cutting the return by 0.17% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.15%) | $16 | $50 | $87 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $3 | $9 |
| Total costs | $17 | $55 | $100 |
| Value after costs | $10,483 | $11,521 | $12,662 |
| Impact on return, per year | 0.17% | 0.17% | 0.17% |
QQQJ Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0079%
- Total broker commissions: $50K
- Bought from dealers (principal trades, not a cost): $239.9M
- Portfolio turnover (prospectus): 27%
- Securities on loan, average value: $101.0M
- Net income from securities lending: $231K (0.036% of average net assets)
QQQJ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INVESCO CAPITAL MARKETS, INC. | $47K | 93.68% |
| JEFFERIES LLC | $1K | 2.40% |
| COWEN AND COMPANY | $885 | 1.76% |
| CITIGROUP GLOBAL MARKETS INC. | $699 | 1.39% |
| RBC CAPITAL MARKETS, LLC | $167 | 0.33% |
| MIZUHO SECURITIES USA LLC | $94 | 0.19% |
| GOLDMAN, SACHS & CO. | $58 | 0.12% |
| RAYMOND JAMES & ASSOCIATES, INC. | $35 | 0.07% |
| EVERCORE GROUP L.L.C. | $24 | 0.05% |
| STATE STREET GLOBAL MARKETS, LLC | $8 | 0.02% |
QQQJ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN, SACHS & CO. | $75.9M | 31.63% |
| JANE STREET CAPITAL, LLC | $56.3M | 23.48% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $36.5M | 15.22% |
| CITADEL SECURITIES LLC | $22.8M | 9.49% |
| BNY MELLON CAPITAL MARKETS, LLC | $17.3M | 7.19% |
| RBC CAPITAL MARKETS, LLC | $12.2M | 5.10% |
| BNP PARIBAS SECURITIES CORP. | $9.4M | 3.92% |
| VIRTU AMERICAS LLC | $8.9M | 3.70% |
| MIRAE ASSET SECURITIES (USA) INC. | $630K | 0.26% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.