QQQM — Invesco NASDAQ 100 ETF
Invesco NASDAQ 100 ETF: what it is, what it costs, and what it actually returned — dividends reinvested.
QQQM in plain words
QQQM is the Invesco NASDAQ 100 ETF from Invesco. It tracks the Nasdaq-100 Index and costs 0.15% a year, quietly deducted from returns. Yes — QQQM is a distributing fund: the dividends its holdings pay are passed on to you as cash.
$10,000 invested at the start of 2020 was worth $21,599 by the end of 2025 — an average of 13.7% per year over 6 full years, dividends reinvested. Its best full year so far was 2023 (+55.01%), its worst 2022 (-32.52%) — the range you sign up for.
QQQM fund facts
| Fund | Invesco NASDAQ 100 ETF |
|---|---|
| Provider | Invesco |
| Tracks | Nasdaq-100 Index |
| Yearly cost (TER) | 0.15% |
| Dividends | Distributing — paid out as cash |
| Launched | 13 Oct 2020 |
Curious what the index actually holds? Read our Nasdaq-100 Index profile.
QQQM returns by year (USD)
| Year | Total return |
|---|---|
| 2026 (so far) | +20.09% |
| 2025 | +20.85% |
| 2024 | +25.68% |
| 2023 | +55.01% |
| 2022 | -32.52% |
| 2021 | +27.45% |
| 2020 | +6.67% |
Calendar-year total returns of QQQM in USD, dividends reinvested — the ETF tracking this index, not the raw index level.
Frequently asked
Is QQQM a good investment?
QQQM is a broad, low-effort way to own the Nasdaq-100 Index at 0.15% a year. $10,000 invested at the start of 2020 was worth $21,599 by the end of 2025 — an average of 13.7% per year over 6 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 QQQM's TER?
QQQM's total expense ratio (TER) is 0.15% per year, deducted continuously from the fund's assets — you never get a bill, the returns are simply quoted after costs.
Does QQQM pay dividends?
Yes — QQQM is a distributing fund: the dividends its holdings pay are passed on to you as cash.
What would $10,000 invested in QQQM be worth?
$10,000 invested at the start of 2020 was worth $21,599 by the end of 2025 — an average of 13.7% per year over 6 full years, dividends reinvested.
Curious about other amounts or start years? Try the QQQM what-if calculator.