Core Viewpoint - The Invesco Nasdaq Next Gen 100 ETF (QQQJ) targets the largest 100 non-financial companies listed on Nasdaq that are not part of the Nasdaq-100 index, focusing on growth potential in emerging sectors [1] Group 1: Index Construction - The underlying index, Nasdaq Next Generation 100, includes companies with a primary listing on Nasdaq Global Select/Global Market, a free float of at least 10%, and a minimum liquidity of USD 5 million in three-month average daily trading volume [1] - Financial companies and REITs organized as REITs are excluded from eligibility [1] - At the annual reconstitution, eligible issuers are ranked by market capitalization, with the top 100 included in the index, and no mid-cycle replacements are allowed except for corporate actions [1] Group 2: Index Weighting and Rebalancing - The index is modified market-cap weighted with a cap of 4% on individual constituents, ensuring diversification [1] - American Depositary Receipts (ADRs) are weighted based on the number of depositary shares outstanding [1] - The reconstitution schedule aligns with the Nasdaq-100, featuring annual updates in December and quarterly rebalances in March, June, and September [1]