OriginaveQQQ — Invesco QQQ Trust
Invesco QQQ Trust: what it is, what it costs, and what it actually returned — dividends reinvested.
QQQ in plain words
QQQ is the Invesco QQQ Trust from Invesco. It tracks the Nasdaq-100 Index and costs 0.18% a year, quietly deducted from returns. Yes — QQQ is a distributing fund: the dividends its holdings pay are passed on to you as cash.
$10,000 invested at the start of 2016 was worth $59,045 by the end of 2025 — an average of 19.4% per year over 10 full years, dividends reinvested. Its best full year so far was 1999 (+78.95%), its worst 2008 (-41.73%) — the range you sign up for.
QQQ fund facts
| Fund | Invesco QQQ Trust |
|---|---|
| Provider | Invesco |
| Tracks | Nasdaq-100 Index |
| Yearly cost (TER) | 0.18% |
| Dividends | Distributing — paid out as cash |
| Launched | 10 Mar 1999 |
Curious what the index actually holds? Read our Nasdaq-100 Index profile.
QQQ returns by year (USD)
| Year | Total return |
|---|---|
| 2026 (so far) | +20.16% |
| 2025 | +20.77% |
| 2024 | +25.58% |
| 2023 | +54.86% |
| 2022 | -32.58% |
| 2021 | +27.42% |
| 2020 | +48.41% |
| 2019 | +38.96% |
| 2018 | -0.13% |
| 2017 | +32.66% |
| 2016 | +7.10% |
| 2015 | +9.44% |
| 2014 | +19.18% |
| 2013 | +36.63% |
| 2012 | +18.11% |
| 2011 | +3.48% |
| 2010 | +20.14% |
| 2009 | +54.68% |
| 2008 | -41.73% |
| 2007 | +19.03% |
| 2006 | +7.14% |
| 2005 | +1.57% |
| 2004 | +10.54% |
| 2003 | +49.67% |
| 2002 | -37.37% |
| 2001 | -33.34% |
| 2000 | -36.11% |
| 1999 | +78.95% |
Calendar-year total returns of QQQ in USD, dividends reinvested — the ETF tracking this index, not the raw index level.
Frequently asked
Is QQQ a good investment?
QQQ is a broad, low-effort way to own the Nasdaq-100 Index at 0.18% a year. $10,000 invested at the start of 2016 was worth $59,045 by the end of 2025 — an average of 19.4% per year over 10 full years, dividends reinvested. Whether it fits depends on your goals and horizon — past returns don't promise future ones, but this is the actual track record.
What is QQQ's TER?
QQQ's total expense ratio (TER) is 0.18% per year, deducted continuously from the fund's assets — you never get a bill, the returns are simply quoted after costs.
Does QQQ pay dividends?
Yes — QQQ is a distributing fund: the dividends its holdings pay are passed on to you as cash.
What would $10,000 invested in QQQ be worth?
$10,000 invested at the start of 2016 was worth $59,045 by the end of 2025 — an average of 19.4% per year over 10 full years, dividends reinvested.
Curious about other amounts or start years? Try the QQQ what-if calculator.