¹Source: Bloomberg L.P., in the US based on average daily volume traded, as of March 31, 2024.
Source: Lipper fund percentile rankings are based on total returns, excluding sales charges and including fees and expenses, and are versus mutual funds, ETFs and funds of funds in the category tracked by Lipper. Source: The Lipper one-year rank 54% (368 of 688), five-year rank 1% (6 of 605), 10-year rank 1% (2 of 474), 15-year rank 1% (1 of 351) as of March 31, 2024.
Morningstar ratings are based on a risk-adjusted return measure that accounts for variation in a fund’s monthly performance, placing more emphasis on the downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. The fund received 5 stars for the overall, 5 stars for the three years, 5 stars for the five years and 5 stars for the 10 years.As of March 31, 2024, the fund had an overall rating of 5 Stars out of 1111 funds, 4 Stars out of 1111 funds for the 3-year period, 5 Stars out of 1037 funds for the 5-year period and 5 Stars out of 807 funds for the 10-year period, respectively, in the Large Growth category. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. Ratings for other share classes may differ due to different performance characteristics. ©2024 Morningstar, Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance cannot guarantee comparable future results.
An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.
The NASDAQ Composite Index measures all NASDAQ domestic and international-based common stocks listed on The Nasdaq Stock Market.
The Russell 1000 Index represents the top 1000 companies by market capitalization in the United States.
Invesco does not offer tax advice. Investors should consult their own tax professionals for information regarding their own tax situations.
FAQs
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.
Is Invesco QQQ a good investment for long term? ›
QQQ appears to be the single best long-term investment option for investors seeking total returns due to its ability to expose holders to top U.S. companies on an ongoing basis.
Is QQQ the best performing ETF? ›
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.
Is QQQ a buy right now? ›
QQQ has a consensus rating of Moderate Buy which is based on 88 buy ratings, 14 hold ratings and 0 sell ratings.
Is it better to invest in SPY or QQQ? ›
QQQ is better to buy for investments of a year or more. The NASDAQ-100 index dynamics are more volatile compared to the S&P 500. With a shorter investment horizon, there's a high risk of a decrease in value.
Is QQQ better than VOO? ›
In the past year, QQQ returned a total of 32.22%, which is higher than VOO's 28.12% return. Over the past 10 years, QQQ has had annualized average returns of 18.60% , compared to 12.80% for VOO. These numbers are adjusted for stock splits and include dividends.
Has QQQ outperformed the S&P 500? ›
NASDAQ: QQQ
This ETF has been a huge winner over the past decade, producing an annual average return of 18.1%. That easily outpaces the performance of the Vanguard S&P 500 Growth ETF and the S&P 500 index.
What is the 10 year average return on the QQQ? ›
Investment Metrics as of Apr 30, 2024
| Metrics as of Apr 30, 2024 |
|---|
| 1M | 10Y |
|---|
| Investment Return (%) | -4.37 | 18.09 |
| Infl. Adjusted Return (%) details | -4.67 | 14.81 |
| US Inflation (%) | 0.31 | 2.85 |
53 more rowsInvesco QQQ stock price stood at $459.68
According to the latest long-term forecast, Invesco QQQ price will hit $500 by the end of 2024 and then $600 by the middle of 2026. Invesco QQQ will rise to $700 within the year of 2028, $800 in 2029, $900 in 2030, $1000 in 2031, $1100 in 2034 and $1200 in 2035.
What fund is better than QQQ? ›
Bloomberg recently reported that only one equity mutual fund, the Baron Partners Fund, has outperformed QQQ over the past 5, 10, and 15 years, mainly due to its outsized exposure to Tesla.
3 Top ETFs for a Diversified Stock Portfolio
- SPDR S&P 500 ETF Trust. The SPDR S&P 500 ETF Trust (SPY -0.70%) mirrors the S&P 500 Index, encompassing 500 of the largest U.S. corporations. ...
- Invesco QQQ Trust. ...
- iShares Russell 2000 ETF.
The price-to-earnings ratio of the average company in the Invesco QQQ Trust is 34.4. That's on the expensive side. However, I still believe it's smart to consider investing. Valuation doesn't matter as much if you have a long time horizon.
Is QQQ a safe long term investment? ›
The Invesco QQQ ETF, usually just called QQQ, is a top performer this year. But more importantly, it's the very top performing, actively traded, U.S. diversified ETF over the past 10 years, says an Investor's Business Daily analysis of data from Morningstar Direct. The QQQ gained 18.1% annually over the past 10 years.
Should you buy Invesco QQQ? ›
Invesco QQQ Trust
Despite its popularity, QQQ is very rarely the best choice for any investor. If you want a quick, easy way to invest in the high-flying tech stocks found in the Nasdaq-100 index, one of the most popular ETFs you could buy is the Invesco QQQ Trust ETF (QQQ 0.95%).
Does QQQ pay dividends? ›
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.
How safe is QQQ stock? ›
QQQ has also delivered solid performance over the years, returning 17.65% over the past 10 years and outpacing the S&P 500 by 5.88% in the same time frame, but it is important to keep in mind that the Nasdaq-100 has posted six annual losses since launching in 1985.
Does QQQ have high fees? ›
Performance data quoted represents past performance, which is not a guarantee of future results. Invesco QQQ's total expense ratio is 0.20%. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost.
What is the long term outlook for QQQ? ›
Invesco QQQ stock price stood at $457.95
According to the latest long-term forecast, Invesco QQQ price will hit $500 by the middle of 2025 and then $600 by the middle of 2026. Invesco QQQ will rise to $700 within the year of 2028, $800 in 2029, $900 in 2030, $1000 in 2032, $1100 in 2034 and $1200 in 2035.
What is the average return of QQQ in the last 30 years? ›
In the last 30 Years, the Invesco QQQ Trust (QQQ) ETF obtained a 14.23% compound annual return, with a 23.98% standard deviation. The ETF is related to the following investment themes: Asset Class: Equity.
