Pacer Nasdaq 100 Top 50 Cash Cows Growth… (QQQG) Valuation
QQQG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 34.8 trailing earnings
- Forward P/E
- 21.9 analyst estimates
- Price / sales
- 9.62
- Price / book
- 10.24
- EV / EBITDA
- 26.5
- Earnings yield
- 2.88% inverse of P/E
- Dividend yield
- 0.50% of the holdings
- Return on equity
- 29.5% combined
- Net margin
- 27.7% combined
- Beta
- 1.53 weighted, vs S&P 500
QQQG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| QQQG | 34.8 | 21.9 | 9.62 | 10.24 | 0.50% | 29.5% | 27.7% | 1.1% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
QQQG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 79.8% | 35.4 | 22.7 | 11.38 | 13.06 | 0.45% | 36.9% |
| Healthcare | 7.9% | 36.8 | 20.4 | 7.16 | 7.76 | 0.81% | 21.1% |
| Industrials | 4.6% | 27.8 | 22.0 | 6.32 | 5.69 | 0.79% | 20.5% |
| Consumer Cyclical | 3.2% | 32.4 | 22.0 | 4.47 | 13.70 | 0.25% | 42.3% |
| Energy | 1.9% | 38.8 | 10.0 | 3.53 | 1.37 | 2.16% | 3.5% |
| Consumer Defensive | 1.8% | 42.3 | 33.7 | 9.72 | 9.19 | 0.00% | 21.7% |
| Communication Services | 1.5% | 21.4 | 17.0 | 8.06 | 14.57 | 0.00% | 68.2% |
QQQG earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How QQQG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
QQQG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| DDOG | Datadog, Inc. | 5.69% | 494.2 | 84.7 | 22.4 | — | 0.40% |
| MRVL | Marvell Technology, Inc. | 5.50% | 72.3 | 62.1 | 21.7 | 0.11% | 2.63% |
| FTNT | Fortinet, Inc. | 5.16% | 59.8 | 45.0 | 16.5 | — | 2.99% |
| SNDK | Sandisk Corporation | 5.13% | 17.6 | 8.0 | 9.3 | — | 10.07% |
| AMD | Advanced Micro Devices, Inc. | 5.08% | 134.9 | 39.5 | 20.9 | — | 1.30% |
| MU | Micron Technology, Inc. | 4.77% | 11.8 | 7.0 | 7.5 | 0.07% | 13.95% |
| WDC | Western Digital Corporation | 4.24% | 12.3 | 22.8 | 9.6 | 0.18% | 11.88% |
| PANW | Palo Alto Networks, Inc. | 4.20% | 855.0 | 94.3 | 24.4 | — | 0.17% |
| CRWD | CrowdStrike Holdings, Inc. | 4.20% | — | 208.3 | 43.1 | — | 0.04% |
| STX | Seagate Technology Holdings plc | 4.14% | 46.0 | 25.7 | 11.9 | 0.46% | 3.11% |
| ALAB | Astera Labs, Inc. | 3.76% | 140.8 | 55.6 | 41.3 | — | 0.92% |
| CSX | CSX Corporation | 2.33% | 28.3 | 21.2 | 6.2 | 1.15% | 2.84% |
| CSCO | Cisco Systems, Inc. | 2.30% | 32.2 | 19.8 | 6.7 | 1.56% | 2.46% |
| TXN | Texas Instruments Incorporated | 1.92% | 42.1 | 27.5 | 13.0 | 2.20% | 1.58% |
| FANG | Diamondback Energy, Inc. | 1.87% | 38.8 | 10.0 | 3.5 | 2.16% | 1.66% |
| MNST | Monster Beverage Corporation | 1.76% | 42.3 | 33.7 | 9.7 | — | 1.44% |
| AAPL | Apple Inc. | 1.70% | 39.4 | 35.2 | 10.7 | 0.31% | 1.49% |
| ADI | Analog Devices, Inc. | 1.61% | 47.0 | 23.2 | 13.8 | 1.11% | 1.18% |
| ODFL | Old Dominion Freight Line, Inc. | 1.55% | 36.1 | 27.3 | 6.9 | 0.62% | 1.49% |
| AMGN | Amgen Inc. | 1.53% | 26.9 | 16.7 | 6.1 | 2.33% | 1.97% |
| ABNB | Airbnb, Inc. | 1.52% | 39.6 | 25.4 | 7.9 | — | 1.33% |
| KLAC | KLA Corporation | 1.49% | 45.3 | 34.8 | 15.9 | 0.56% | 1.14% |
| ROP | Roper Technologies, Inc. | 1.36% | 15.9 | 15.0 | 4.6 | 0.95% | 2.95% |
| ADP | Automatic Data Processing, Inc. | 1.36% | 26.4 | 22.0 | 5.2 | 2.35% | 1.77% |
| MSFT | Microsoft Corporation | 1.35% | 29.5 | 25.1 | 11.8 | 0.74% | 1.58% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About QQQG valuation
Adding up its 50 holdings with company data, QQQG trades at 34.8 times trailing earnings and 21.9 times analysts' forward estimates, with a price-to-book ratio of 10.24 and a dividend yield of 0.50%. Its earnings yield of 2.88% is 2.45 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 48.1% of the fund and earn 46.5% of its combined profit. By sector, Consumer Defensive is the most expensive at 42.3 times earnings and Communication Services the cheapest at 21.4. Companies that lost money over the past year are 1.1% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: QQQG chart, QQQG performance, QQQG holdings, QQQG dividends.
QQQG valuation FAQ
What is the P/E ratio of QQQG?
Based on its holdings, QQQG has a trailing P/E of 34.8 and a forward P/E of 21.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of QQQG?
The trailing earnings yield is 2.88% (1 ÷ P/E) and the forward earnings yield 4.56%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is QQQG more expensive than the S&P 500?
QQQG trades at 34.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 21.9 and 19.9.
What is the price-to-book ratio of QQQG?
The holdings of QQQG trade at 10.24 times book value, with a combined return on equity of 29.5%.
Which sector in QQQG has the highest P/E?
Consumer Defensive has the highest P/E at 42.3 and Communication Services the lowest at 21.4.