Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the Invesco QQQ (QQQ) is a passively managed exchange traded fund launched on March 10, 1999. The fund is sponsored by Invesco. It has amassed assets over $496.41 billion, making it the largest ETF attempting to match the Large Cap Growth segment of the US equity market. Why Large Cap Growth Large cap companies typically have a market capitalization above $10 billion. Considered a more stable option, large cap companies boast more predictable cash flows and are less volatile than their mid and small cap counterparts. Growth stocks have higher than average sales and earnings growth rates.
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