QQQ
Invesco QQQ Trust · Invesco
US Broad Market
1Y Return
+28.1%
Expense Ratio
0.18%
AUM
$479B
Dividend Yield
0.42%
Avg Annual Growth (10Y)
+21.6%
Issuer
Invesco

Overview

Tracks the Nasdaq-100 Index of the 100 largest non-financial Nasdaq-listed companies. Heavy tech & growth concentration.

Top Holdings

TickerHoldingWeight
MSFTMicrosoft Corp.8.8%
NVDANVIDIA Corp.8.3%
AAPLApple Inc.7.9%
AMZNAmazon.com5.4%
METAMeta Platforms4.8%
TSLATesla Inc.3.6%
AVGOBroadcom Inc.3.2%
COSTCostco Wholesale2.8%
GOOGLAlphabet A2.4%
GOOGAlphabet C2.4%

Fund Details

Index
Nasdaq-100
# Holdings
100
Inception
Mar 1999
Exchange
NASDAQ
Structure
UIT
Distribution
Quarterly
Avg Annual Growth (10Y)
+21.6%
Avg Annual Yield (10Y)
0.66%

Investment Thesis

QQQ tracks the Nasdaq-100, providing concentrated exposure to the 100 largest non-financial Nasdaq companies. Its heavy weighting in mega-cap technology and growth companies has driven exceptional long-term performance but with higher volatility than broad market funds. QQQ's daily trading volume of over 15 billion dollars makes it one of the most liquid equity instruments in the world.

Who It's For

Growth-oriented investors comfortable with higher volatility who believe in continued technology and innovation sector outperformance. QQQ suits long-term investors seeking amplified exposure to mega-cap technology and active traders who need deep liquidity. Best complemented with value or dividend holdings to balance the portfolio growth tilt. Consider QQQM for long-term holds seeking lower expense ratio.

10-Year History

Annual Closing Price
YearClose% Chg
2016$116.89--
2017$158.54+35.6%
2018$154.71-2.4%
2019$212.61+37.4%
2020$313.74+47.6%
2021$399.15+27.2%
2022$265.71-33.4%
2023$399.84+50.5%
2024$520.33+30.1%
2025$530.28+1.9%
Annual Dividend Yield
YearYield
20160.84%
20170.77%
20180.89%
20190.77%
20200.51%
20210.48%
20220.66%
20230.59%
20240.50%
20250.55%
Annual AUM
YearAUM% Chg
2016$44B--
2017$61B+38.6%
2018$69B+13.1%
2019$98B+42.0%
2020$164B+67.3%
2021$215B+31.1%
2022$156B-27.4%
2023$229B+46.8%
2024$295B+28.8%
2025$302B+2.4%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

Markets. Intelligence. Daily.

Full briefs on 251 ETFs, curated daily ETF news, and a free weekly deep-dive newsletter — all on ETFHub.

Get the Free Weekly Brief Explore the ETF Portal Official Fund Page →