Invesco QQQ ETF Performance (2024)

FAQs

Is Invesco Qqq worth it? ›

The Invesco QQQ Trust has crushed the performance of the Ark Innovation ETF in the past five years. Even in record territory, dollar-cost averaging into the Invesco QQQ Trust is a smart move for investors seeking higher returns.

The QQQ ETF offers buy-and-hold investors low expenses and long-term growth potential with enough diversification to avoid the risks of betting on one company. On the downside, long-term investors in QQQ must deal with sector risk, possible overvaluation, and the absence of small caps.

Invesco QQQ — the ETF that tracks the Nasdaq-100 index — has beaten the S&P 500 nine out of the last 10 years. Source: Morningstar Inc. Data begins 10 years prior to the ending date. Fund performance shown at NAV.

Invesco QQQ stock price stood at $455.71

According to the latest long-term forecast, Invesco QQQ price will hit $500 by the middle of 2025 and then $600 by the end of 2026. Invesco QQQ will rise to $700 within the year of 2028, $800 in 2029, $900 in 2030, $1000 in 2032 and $1100 in 2034.

Average Return

In the past year, QQQ returned a total of 35.87%, which is significantly higher than VOO's 28.51% return. Over the past 10 years, QQQ has had annualized average returns of 18.69% , compared to 12.90% for VOO. These numbers are adjusted for stock splits and include dividends.

Overall, if you want more on the information technology and consumer dictionary industry, then QQQ is a better ETF for you. SPY is a better option if you want a more diversified portfolio. Now, let's compare the top 10 holdings of VOO and SPY.

The QQQ gained 18.1% annually over the past 10 years. That tops all of the nearly 300 ETFs in the category. That easily outpaces the 12.6% average annual gain of the SPDR S&P 500 ETF Trust (SPY) — the cornerstone of most investors' portfolios. And the QQQ is cheap, only charging 0.2%.

Invesco (QQQ)

Invesco QQQ offers an annualized return of 9.5% since its inception in 1999. It also has a five-year annualized return of 22.4%, beating S&P 500 funds over the same timeframe.

Is there a cheaper alternative to QQQ? ›

Alternative: Invesco Nasdaq 100 ETF (QQQM)

QQQM is the lower cost version of QQQ, coming in with an expense ratio of 0.15% versus 0.20% for QQQ. It's had a bit of a slower build as well, but it's now over $13 billion in assets, making liquidity a non-issue and a better alternative to the tech giant ETF.

A big cash pile protects the above-average core operations of this stellar company. Warren Buffett has an incredible track record of outperforming the S&P 500. At the start of every Berkshire Hathaway (BRK. A -0.97%) (BRK.

QQQ's analyst rating consensus is a Moderate Buy. This is based on the ratings of 102 Wall Streets Analysts.

QQQ Dividend Information

QQQ has a dividend yield of 0.58% and paid $2.64 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Mar 18, 2024.

Invesco QQQ - 25 Year Stock Price History | QQQ

The latest closing stock price for Invesco QQQ as of May 22, 2024 is 455.71. The all-time high Invesco QQQ stock closing price was 455.80 on May 21, 2024. The Invesco QQQ 52-week high stock price is 456.82, which is 0.2% above the current share price.

Source: Bloomberg L.P., QQQ NAV 10-year performance reflected 18.58% growth versus 12.93% by the S&P 500, as of March 31, 2024.

Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now. One company value investors might notice is Invesco (IVZ). IVZ is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 8.95.

QQQ Dividend Information

QQQ has a dividend yield of 0.58% and paid $2.64 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Mar 18, 2024.