Invesco QQQ (QQQ)
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
| ISIN | US46090E1038 |
|---|---|
| CUSIP | 46090E103 |
| Issuer | Invesco |
| Inception Date | Mar 10, 1999 |
| Region | North America (U.S.) |
| Category | Large Cap Blend Equities |
| Index Tracked | NASDAQ-100 Index |
| ETF Home Page | www.invesco.com |
| Asset Class | Equity |
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.
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.
Compare to other instruments
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%.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 8.01% | 0.86% |
| Year-To-Date | 31.04% | 9.53% |
| 6 months | 21.91% | 4.45% |
| 1 year | 13.58% | 1.14% |
| 5 years (annualized) | 16.43% | 9.36% |
| 10 years (annualized) | 17.88% | 9.79% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 10.64% | -0.36% | 9.49% | 0.51% | ||||||||
| 2022 | 4.00% | 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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
QQQ Invesco QQQ | 0.75 | ||||
^GSPC S&P 500 | 0.27 |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 2000 | 637 | Oct 9, 2002 | 3113 | Feb 23, 2015 | 3750 |
| -35.12% | Dec 28, 2021 | 216 | Nov 3, 2022 | — | — | — |
| -28.56% | Feb 20, 2020 | 18 | Mar 16, 2020 | 55 | Jun 3, 2020 | 73 |
| -22.8% | Aug 30, 2018 | 80 | Dec 24, 2018 | 75 | Apr 12, 2019 | 155 |
| -16.1% | Dec 2, 2015 | 47 | Feb 9, 2016 | 117 | Jul 27, 2016 | 164 |
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.
Alternatives
| Symbol | Inception | Expense Ratio | YTD Ret. | 10Y Ann. Ret. | Div. Yield | Max. Drawdown | Sharpe Ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ARKK | Oct 31, 2014 | 0.75% | 25.2% | 9.2% | 0.0% | -80.9% | -0.1 | ||||
| ARKW | Sep 30, 2014 | 0.76% | 32.5% | 14.2% | 0.0% | -80.0% | -0.1 | ||||
| MGK | Dec 17, 2007 | 0.07% | 28.8% | 14.6% | 0.7% | -48.4% | 0.7 | ||||
| MTUM | Apr 16, 2013 | 0.15% | -5.8% | 11.3% | 2.5% | -34.1% | -0.0 | ||||
| ONEQ | Sep 25, 2003 | 0.21% | 24.6% | 15.1% | 1.0% | -55.1% | 0.6 | ||||
| QLD | Jun 21, 2006 | 0.95% | 64.4% | 29.7% | 0.2% | -83.1% | 0.5 | ||||
| QQC | Dec 10, 2020 | 0.45% | 21.3% | -1.2% | 0.5% | -42.2% | 0.1 | ||||
| QQQM | Oct 13, 2020 | 0.15% | 31.1% | 7.3% | 0.8% | -35.1% | 0.8 | ||||
| QYLD | Dec 12, 2013 | 0.60% | 16.3% | 7.0% | 16.8% | -24.9% | 0.8 | ||||
| SPY | Jan 22, 1993 | 0.09% | 10.3% | 11.8% | 1.9% | -55.2% | 0.4 | ||||
| TQQQ | Feb 9, 2010 | 0.95% | 103.4% | 36.8% | 0.7% | -81.7% | 0.3 | ||||
| VGT | Jan 26, 2004 | 0.10% | 31.3% | 19.9% | 0.9% | -54.6% | 0.8 | ||||
| VOO | Sep 7, 2010 | 0.03% | 10.3% | 11.8% | 1.9% | -34.0% | 0.4 |
Portfolios with Invesco QQQ
| Portfolio Name | YTD Return | 10Y Return | Div. Yield | 10Y Volatility | Max. Drawdown | Expense Ratio | Sharpe Ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nasdaq-100 Portfolio | 31.04% | 17.87% | 0.75% | 21.35% | -82.98% | 0.20% | 0.75 |