# Invesco QQQ Trust, Series 1 (QQQ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/qqq for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Invesco · Asset class: Equity - Strategy: Passive Index · Inception: 1999-03-10 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. ## Key Facts | Metric | Value | |---|---| | Price | $704.40 | | Expense Ratio | 0.18% | | Assets Under Management | $475.86B | | NAV | $704.35 | | Holdings Count | 102 | | Distribution Yield (TTM) | 0.44% | | Annual Distribution (TTM) | $3.09 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $555.60 – $762.86 | | Beta | 1.23 | ## Latest Distribution - Amount: $0.7514 /share - Ex-date: 2026-09-21 - Pay date: 2026-10-08 ## Frequently Asked Questions ### 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 $475.86B 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. ### Does QQQ pay a dividend? Invesco QQQ Trust, Series 1 (QQQ) currently distributes little or no income. Trailing-twelve-month yield is 0.44%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does QQQ pay dividends? Invesco QQQ Trust, Series 1 pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is QQQ's dividend yield? QQQ's trailing-twelve-month yield is 0.44%, calculated from the sum of dividends over the past year divided by the current price. ### When is QQQ's next ex-dividend date? The most recently announced ex-dividend date for QQQ was 2026-09-21. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will QQQ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.18% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does QQQ charge its expense ratio? The expense ratio is deducted in tiny daily slices from QQQ's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does QQQ cost more than a fund like VOO? QQQ is a passive index fund (current expense ratio 0.18%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to QQQ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as QQQ (0.18%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/qqq - Distribution history: https://www.dividenddata.com/funds/qqq/dividend - Holdings & diversification: https://www.dividenddata.com/funds/qqq/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/qqq/expenses - Peer comparison: https://www.dividenddata.com/funds/qqq/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.