QQQ — Invesco QQQ Trust
US Large Cap Growth Ranked #22 of 120 tracked ETFs · Issued by Invesco
Overview
The Invesco QQQ Trust (QQQ) operates within the US Large Cap Growth category, where ETFValuer tracks a total of five funds. Issued by Invesco, this fund holds an overall rank of #22 out of 120 tracked ETFs across all categories and carries an ETFValuer grade of B with a score of 74.6 out of 100. The fund charges an expense ratio of 0.18% and offers a dividend yield of 0.25%. With an asset under management of $490 billion and a share price of $711.44, the product demonstrates significant scale and investor adoption relative to its peers. These metrics position the fund as a substantial vehicle within its specific growth sector while maintaining a moderate cost structure for investors.
Recent performance data shows a 1-day return of +0.28% following a 1-week decline of -3.39%. The fund posted a 1-month return of +1.02% and a 3-month return of +21.00%, indicating a strong acceleration in the near term. Year-to-date gains stand at +16.31%, while the 6-month return is recorded at +15.39%. Over the longer horizon, the 1-year return reached +29.50%, and the 3-year return accumulated to +90.92%. This trajectory illustrates a pattern where short-term volatility was followed by sustained growth over the one and three-year periods.
The fund is assigned a Moderate volatility label and exhibits a beta of 1.24, suggesting price movements that are more sensitive than the broader market average. A Sharpe ratio of 1.33 indicates that the returns generated have been efficient relative to the risk taken during the measurement period. However, the maximum drawdown of -22.77% highlights the potential for significant temporary losses during market downturns. This combination of a beta above 1.0 and a substantial drawdown implies the fund experiences amplified swings in both rising and falling markets. Despite these fluctuations, the positive Sharpe ratio suggests the long-term return profile has compensated investors for the elevated volatility and drawdown risk.
AI-generated summary based on the data on this page.
QQQ Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | NVIDIA Corp. | 8.68% | $32.3B |
| 2 | Apple Inc. | 7.63% | $28.4B |
| 3 | Microsoft Corp. | 5.63% | $21.0B |
| 4 | Amazon.com, Inc. | 4.58% | $17.1B |
| 5 | Tesla, Inc. | 3.80% | $14.2B |
| 6 | Meta Platforms, Inc. | 3.46% | $12.9B |
| 7 | Walmart Inc. | 3.43% | $12.8B |
| 8 | Alphabet Inc. | 3.43% | $12.8B |
| 9 | Alphabet Inc. | 3.20% | $11.9B |
| 10 | Broadcom Inc. | 3.01% | $11.2B |
Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing.
Market Backdrop
10-Year Treasury Yield: 4.55% (as of 2026-07-07) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 16.13 (as of 2026-07-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
QQQ Performance History
| Period | Return |
|---|---|
| 1-Day | +0.28% |
| 1-Week | -3.39% |
| 1-Month | +1.02% |
| 3-Month | +21.00% |
| 6-Month | +15.39% |
| YTD | +16.31% |
| 1-Year | +29.50% |
| 3-Year | +90.92% |
How QQQ Compares to Other US Large Cap Growth ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #22 | B |
QQQ | Invesco QQQ Trust | +29.50% | 0.18% | $490B |
| #39 | B |
SPYG | State Street SPDR Portfolio S&P 500 Growth ETF | +24.34% | 0.04% | $53.0B |
| #59 | C |
VUG | Vanguard Growth Index Fund ETF Shares | +18.11% | 0.03% | $379B |
| #61 | C |
SCHG | Schwab U.S. Large-Cap Growth ETF | +17.72% | 0.04% | $59.1B |
| #68 | C |
IWF | iShares Russell 1000 Growth ETF | +14.99% | 0.18% | $129B |