Invesco QQQ Trust, Series 1

Frequently Asked Questions About QQQ

What does QQQ invest in?

Managed by Invesco, the Invesco QQQ Trust, Series 1 functions as an exchange-traded fund (ETF) that commenced operations on March 10, 1999. Its design specifically aims to replicate the overall financial performance, encompassing both capital appreciation and dividend income, of the NASDAQ-100 Index.

What is the expense ratio of QQQ?

Invesco QQQ Trust, Series 1 (QQQ) charges an expense ratio of 0.18%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QQQ?

Invesco QQQ Trust, Series 1 (QQQ) manages $489.57B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is QQQ actively managed or an index fund?

QQQ is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (QQQ's is 0.18%) because there's no security selection cost.

When was QQQ launched?

Invesco QQQ Trust, Series 1 (QQQ) launched in March 1999 and is managed by Invesco.

How has QQQ performed?

QQQ's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.