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Invesco QQQ (QQQ)

ETF · Currency in USD · Last updated May 27, 2023

QQQ, also known as the Invesco QQQ Trust, is a passive exchange-traded fund that tracks the performance of the NASDAQ-100 Index. It was developed by Invesco, a leading global asset management firm, and was first introduced on the market on March 10, 1999. QQQ is designed to provide investors with a simple and cost-effective way to gain exposure to the technology-focused NASDAQ-100 Index, which consists of 100 of the largest non-financial companies listed on the NASDAQ stock exchange. The fund holds a diverse mix of well-known tech companies, such as Apple, Amazon, and Microsoft, as well as many smaller, fast-growing companies. QQQ has a moderate expense ratio of 0.20%, slightly higher than some other passive ETFs but still considered low compared to actively managed funds. In addition, it is highly liquid and is traded on major exchanges, making it easy to buy and sell on demand. Overall, QQQ is a popular choice among investors looking to gain exposure to the high-growth potential of the technology sector.

ETF Info

ISINUS46090E1038
CUSIP46090E103
IssuerInvesco
Inception DateMar 10, 1999
RegionNorth America (U.S.)
CategoryLarge Cap Blend Equities
Index TrackedNASDAQ-100 Index
ETF Home Pagewww.invesco.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

The Invesco QQQ has a high expense ratio of 0.20%, indicating higher-than-average management fees.


0.20%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in Invesco QQQ, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


200.00%300.00%400.00%500.00%600.00%700.00%December2023FebruaryMarchAprilMay
693.52%
226.80%
QQQ (Invesco QQQ)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with QQQ

Invesco QQQ

Popular comparisons: QQQ vs. VGT, QQQ vs. SPY, QQQ vs. VUG, QQQ vs. TQQQ, QQQ vs. QQQM, QQQ vs. VOO, QQQ vs. QYLD, QQQ vs. XLK, QQQ vs. SCHG, QQQ vs. QLD

Return

Invesco QQQ had a return of 31.04% year-to-date (YTD) and 13.58% in the last 12 months. Over the past 10 years, Invesco QQQ had an annualized return of 17.88%, outperforming the S&P 500 benchmark which had an annualized return of 9.79%.


PeriodReturnBenchmark
1 month8.01%0.86%
Year-To-Date31.04%9.53%
6 months21.91%4.45%
1 year13.58%1.14%
5 years (annualized)16.43%9.36%
10 years (annualized)17.88%9.79%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202310.64%-0.36%9.49%0.51%
20224.00%5.54%-9.01%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ (QQQ) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
QQQ
Invesco QQQ
0.75
^GSPC
S&P 500
0.27

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Invesco QQQ Sharpe ratio is 0.75. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.50December2023FebruaryMarchAprilMay
0.75
0.27
QQQ (Invesco QQQ)
Benchmark (^GSPC)

Dividend History

Invesco QQQ granted a 0.75% dividend yield in the last twelve months. The annual payout for that period amounted to $2.61 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$2.61$2.14$1.70$1.74$1.58$1.41$1.30$1.25$1.10$1.45$0.89$0.82

Dividend yield

0.75%0.80%0.43%0.56%0.76%0.94%0.87%1.11%1.05%1.51%1.10%1.38%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco QQQ. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00$0.47$0.00
2022$0.00$0.00$0.43$0.00$0.00$0.53$0.00$0.00$0.52$0.00$0.00$0.66
2021$0.00$0.00$0.39$0.00$0.00$0.40$0.00$0.00$0.41$0.00$0.00$0.49
2020$0.00$0.00$0.36$0.00$0.00$0.42$0.00$0.00$0.39$0.00$0.00$0.56
2019$0.00$0.00$0.32$0.00$0.00$0.42$0.00$0.00$0.38$0.00$0.00$0.46
2018$0.00$0.00$0.28$0.00$0.00$0.38$0.00$0.00$0.33$0.00$0.00$0.42
2017$0.00$0.00$0.27$0.00$0.00$0.38$0.00$0.00$0.32$0.00$0.00$0.33
2016$0.00$0.00$0.32$0.00$0.00$0.29$0.00$0.00$0.29$0.00$0.00$0.35
2015$0.00$0.00$0.25$0.00$0.00$0.25$0.00$0.00$0.26$0.00$0.00$0.34
2014$0.00$0.37$0.21$0.00$0.00$0.25$0.00$0.00$0.24$0.00$0.00$0.39
2013$0.00$0.00$0.16$0.00$0.00$0.22$0.00$0.00$0.24$0.00$0.00$0.27
2012$0.11$0.00$0.00$0.14$0.00$0.00$0.20$0.00$0.00$0.37

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-35.00%-30.00%-25.00%-20.00%-15.00%December2023FebruaryMarchAprilMay
-12.88%
-12.32%
QQQ (Invesco QQQ)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Invesco QQQ. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Invesco QQQ is 82.98%, recorded on Oct 9, 2002. It took 3113 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-82.98%Mar 27, 2000637Oct 9, 20023113Feb 23, 20153750
-35.12%Dec 28, 2021216Nov 3, 2022
-28.56%Feb 20, 202018Mar 16, 202055Jun 3, 202073
-22.8%Aug 30, 201880Dec 24, 201875Apr 12, 2019155
-16.1%Dec 2, 201547Feb 9, 2016117Jul 27, 2016164

Volatility Chart

The current Invesco QQQ volatility is 5.15%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%December2023FebruaryMarchAprilMay
5.15%
3.82%
QQQ (Invesco QQQ)
Benchmark (^GSPC)

Alternatives


SymbolInceptionExpense RatioYTD Ret.10Y Ann. Ret.Div. YieldMax. DrawdownSharpe RatioSortino ratioOmega ratioCalmar ratioUlcer Index
ARKKOct 31, 20140.75%25.2%9.2%0.0%-80.9%-0.1
ARKWSep 30, 20140.76%32.5%14.2%0.0%-80.0%-0.1
MGKDec 17, 20070.07%28.8%14.6%0.7%-48.4%0.7
MTUMApr 16, 20130.15%-5.8%11.3%2.5%-34.1%-0.0
ONEQSep 25, 20030.21%24.6%15.1%1.0%-55.1%0.6
QLDJun 21, 20060.95%64.4%29.7%0.2%-83.1%0.5
QQCDec 10, 20200.45%21.3%-1.2%0.5%-42.2%0.1
QQQMOct 13, 20200.15%31.1%7.3%0.8%-35.1%0.8
QYLDDec 12, 20130.60%16.3%7.0%16.8%-24.9%0.8
SPYJan 22, 19930.09%10.3%11.8%1.9%-55.2%0.4
TQQQFeb 9, 20100.95%103.4%36.8%0.7%-81.7%0.3
VGTJan 26, 20040.10%31.3%19.9%0.9%-54.6%0.8
VOOSep 7, 20100.03%10.3%11.8%1.9%-34.0%0.4

Portfolios with Invesco QQQ


Portfolio NameYTD Return10Y ReturnDiv. Yield10Y VolatilityMax. DrawdownExpense RatioSharpe RatioSortino ratioOmega ratioCalmar ratioUlcer Index
Nasdaq-100 Portfolio31.04%17.87%0.75%21.35%-82.98%0.20%0.75