Invesco NASDAQ 100 ETF is a lower-expense "mini" version of Invesco's flagship QQQ ETF, designed to passively track the market capitalization-weighted Nasdaq-100 Index. It holds the exact same underlying top-tier technology and growth components—such as Microsoft, Apple, and Nvidia—but implements a reduced asset management fee structure to minimize long-term frictional friction, optimizing it for long-term compounders.