is qqq small cap or large cap

Invesco QQQ Trust (QQQ) is a large-cap ETF that tracks the performance of the NASDAQ-100 Index, which consists primarily of large-cap stocks. The NASDAQ-100 Index is a modified-market-cap-weighted index that includes 100 NASDAQ-listed stocks, with a bias towards larger companies.

1. Large-Cap Focus: The ETF's investment objective is to track the performance of the NASDAQ-100 Index, which is dominated by large-cap stocks. The top holdings of QQQ, such as Microsoft Corporation, Apple Inc., NVIDIA Corporation, and Amazon.com, Inc., are all large-cap companies.
2. Market Capitalization of Holdings: The market capitalization of QQQ's holdings is substantial, with a total of $286.6 billion in assets. This further confirms that QQQ is a large-cap ETF.

Therefore, QQQ can be classified as a large-cap ETF due to its investment objective, the market capitalization of its holdings, and the fact that it tracks the NASDAQ-100 Index, which is heavily weighted towards large-cap stocks.