ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) is a momentum-factor ETF. As of October 9, 2026, ETF Copilot scores QQQA 5.7 out of 10 — highest on Growth (9.0), lowest on Risk (1.3). It trades at 39.2 times earnings, against its own median of 38.7. Its ten largest holdings are 55% of the fund.
What stands out in QQQA's data
Nasdaq-100 stocks with the strongest recent performance.
Trades at a much richer price than typical momentum funds — you pay for the growth that's already happened.
Its trailing EBITDA multiple of 33.5x is among the most expensive in the category, well above the peer median of 14.3x and its own historical median of 22.8x. A 28% annualized three-year return and a 28.1% return on invested capital show the quality behind the price.
A concentrated growth tilt that has already run hard — priced for continued momentum.
How is QQQA rated? ETF Copilot scores ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) 5.7 out of 10
As of October 9, 2026, ETF Copilot scores ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) 5.7 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.7 / 10
- Growth: 9.0 / 10
- Value: 2.0 / 10
- Risk: 1.3 / 10
- Quality: 5.6 / 10
- Return: 7.9 / 10
Is QQQA expensive right now? It trades at 39.2 times earnings, against its own median of 38.7
As of October 9, 2026, QQQA is more expensive than 53% of its own 43 monthly readings since 2023 — 23 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside QQQA? 78% Tech
What's inside QQQA: Size (Large 100%, Mid 0%, Small 0%); Geography (International 9%, US 91%); Tech 77.6%; Magnificent 7 4.8%; AI 26.0%; Semiconductors 24.6%; Memory 15.9%.
What are QQQA's top holdings? The ten largest are 55% of the fund
CrowdStrike, Palo Alto Networks, Fortinet, Advanced Micro Devices, Datadog, Ross Stores, DoorDash, ASML, Alphabet and Intel are QQQA's largest holdings, in that order.
More concentrated than 98% of Momentum ETFs.
Half of QQQA's weight sits in its 10 largest positions, and once those weights are taken into account it behaves like 20 equally weighted holdings.
What is QQQA's expense ratio? 0.58% a year
As of October 9, 2026, QQQA charges 0.58% a year and holds $53M in assets across 21 positions.
| Measure | QQQA |
|---|---|
| Expense ratio | 0.58% |
| Assets under management | $53M |
| Holdings | 21 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/qqqa
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