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

FundInvesco NASDAQ 100 ETF
ProviderInvesco
TracksNasdaq-100 Index
Yearly cost (TER)0.15%
DividendsDistributing — paid out as cash
Launched13 Oct 2020

Curious what the index actually holds? Read our Nasdaq-100 Index profile.

QQQM returns by year (USD)

Last 5 years
+15.16%
average per year (CAGR)
YearTotal 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.