Invesco QQQ Trust, Series 1 Ret. on assets
What is the Ret. on assets of Invesco QQQ Trust, Series 1?
The Ret. on assets of Invesco QQQ Trust, Series 1 is 0.34%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Miscellaneous sector on LSE compared to Invesco QQQ Trust, Series 1
What does Invesco QQQ Trust, Series 1 do?
Invesco QQQ Trust, Series 1 is an exchange traded fund launched by Invesco Ltd. The fund is managed by Invesco Capital Management LLC. The fund invests in public equity markets of global region. The fund invests in stocks of companies operating across energy, real estate, materials, industrials, consumer discretionary, consumer staples, health care, information technology, communication services, utilities sectors. It invests in growth and value stocks of large-cap companies. It seeks to track the performance of the NASDAQ-100 Index, by using full replication technique. Invesco QQQ Trust, Series 1 was formed on March 10, 1999 and is domiciled in the United States.
Companies with ret. on assets similar to Invesco QQQ Trust, Series 1
- Zimplats has Ret. on assets of 0.33%
- Aegon N. V has Ret. on assets of 0.33%
- Parsvnath Developers has Ret. on assets of 0.33%
- Standard Chartered PLC has Ret. on assets of 0.33%
- Standard Chartered Plc has Ret. on assets of 0.33%
- SMS Pharmaceuticals has Ret. on assets of 0.34%
- Invesco QQQ Trust, Series 1 has Ret. on assets of 0.34%
- Shinsei Bank has Ret. on assets of 0.34%
- Riddhi Siddhi Gluco Biols has Ret. on assets of 0.34%
- American has Ret. on assets of 0.34%
- Morguard Real Estate Investment Trust has Ret. on assets of 0.34%
- Southern First Bancshares Inc has Ret. on assets of 0.34%
- Federal Home Loan Mortgage has Ret. on assets of 0.34%