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 |
| 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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Compare to other instruments
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Popular comparisons: QQQ vs. VGT, QQQ vs. SPY, QQQ vs. VOO, QQQ vs. QQQM, QQQ vs. VUG, QQQ vs. TQQQ, QQQ vs. XLK, QQQ vs. SCHG, QQQ vs. QYLD, QQQ vs. QLD
Performance
Performance Chart
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.
Returns By Period
Invesco QQQ had a return of 3.78% year-to-date (YTD) and 37.01% in the last 12 months. Over the past 10 years, Invesco QQQ had an annualized return of 18.25%, outperforming the S&P 500 benchmark which had an annualized return of 10.46%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.78% | 5.84% |
| 1 month | -4.26% | -2.98% |
| 6 months | 23.98% | 22.02% |
| 1 year | 37.01% | 24.47% |
| 5 years (annualized) | 18.19% | 11.44% |
| 10 years (annualized) | 18.25% | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.82% | 5.28% | 1.28% | |||||||||
| 2023 | -5.08% | -2.07% | 10.82% | 5.59% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Invesco QQQ(QQQ)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco QQQ (QQQ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco QQQ granted a 0.62% dividend yield in the last twelve months. The annual payout for that period amounted to $2.64 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.64 | $2.53 | $2.13 | $1.70 | $1.74 | $1.58 | $1.40 | $1.30 | $1.25 | $1.10 | $1.45 | $0.89 |
Dividend yield | 0.62% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.57 | |||||||||
| 2023 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $1.02 |
| 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 | $0.16 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.27 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco QQQ. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco QQQ was 82.98%, occurring on Oct 9, 2002. Recovery took 3113 trading sessions.
The current Invesco QQQ drawdown is 4.91%.
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 | 278 | Dec 13, 2023 | 494 |
| -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
Volatility Chart
The current Invesco QQQ volatility is 4.84%, 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.