Invesco QQQ ETF (QQQ) Performance
QQQ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.1% since Dec 31, 2025
- 1 year
- +15.9% total return
- 5 years
- +14.2% a year
- 10 years
- +20.4% a year
- Since first price
- +10.6% a year since 1999
QQQ trailing returns vs SPY, AGG, IWM
| Period | QQQ total return | Price only | S&P 500 (SPY) | U.S. bonds (AGG) | Russell 2000 (IWM) |
|---|---|---|---|---|---|
| 1 month | −5.0% | −5.0% | −1.0% | +0.9% | −2.2% |
| 3 months | +1.9% | +1.8% | +3.2% | −0.4% | −5.3% |
| 6 months | +8.4% | +8.1% | +7.8% | −1.5% | +0.6% |
| YTD | +15.1% | +14.7% | +12.3% | −1.0% | +12.8% |
| 1 year | +15.9% | +15.4% | +14.4% | −1.1% | +13.0% |
| 3 years | +101.4%+26.3%/yr | +98.0% | +87.4%+23.3%/yr | +16.6%+5.2%/yr | +72.7%+20.0%/yr |
| 5 years | +94.0%+14.2%/yr | +88.3% | +79.3%+12.4%/yr | −0.8%−0.2%/yr | +29.0%+5.2%/yr |
| 10 years | +538.9%+20.4%/yr | +496.2% | +315.9%+15.3%/yr | +14.0%+1.3%/yr | +158.1%+9.9%/yr |
| 15 years | +1,299.3%+19.2%/yr | +1,129.3% | +696.0%+14.8%/yr | +32.2%+1.9%/yr | +374.8%+10.9%/yr |
| 20 years | +1,839.9%+16.0%/yr | +1,560.1% | +696.9%+10.9%/yr | +79.6%+3.0%/yr | +375.2%+8.1%/yr |
| Since inceptionMar 10, 1999 | +1,536.6%+10.6%/yr | +1,279.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: QQQ vs SPY
From Mar 10, 1999: QQQ grew to $163,665, SPY to $95,131.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QQQ returns by calendar year
20 of 26 full years positive. Best 2023 (+54.9%), worst 2008 (−41.7%). 2026 is year to date.
QQQ annual returns table
| Year | QQQ | Largest drop | SPY | AGG | IWM |
|---|---|---|---|---|---|
| 2026YTD | +15.1% | −11.7% | +12.3% | −1.0% | +12.8% |
| 2025 | +20.8% | −22.8% | +17.7% | +7.2% | +12.7% |
| 2024 | +25.6% | −13.6% | +24.9% | +1.3% | +11.4% |
| 2023 | +54.9% | −10.8% | +26.2% | +5.7% | +16.8% |
| 2022 | −32.6% | −34.8% | −18.2% | −13.0% | −20.5% |
| 2021 | +27.4% | −10.9% | +28.7% | −1.8% | +14.5% |
| 2020 | +48.6% | −28.6% | +18.3% | +7.5% | +20.0% |
| 2019 | +39.0% | −11.0% | +31.2% | +8.5% | +25.4% |
| 2018 | −0.1% | −22.8% | −4.6% | +0.1% | −11.1% |
| 2017 | +32.7% | −4.9% | +21.7% | +3.6% | +14.6% |
| 2016 | +7.1% | −12.0% | +12.0% | +2.4% | +21.6% |
| 2015 | +9.4% | −13.9% | +1.2% | +0.5% | −4.5% |
| 2014 | +19.2% | −8.2% | +13.5% | +6.0% | +5.0% |
| 2013 | +36.6% | −5.9% | +32.3% | −2.0% | +38.7% |
| 2012 | +18.1% | −11.6% | +16.0% | +3.8% | +16.7% |
| 2011 | +3.4% | −16.1% | +1.9% | +7.7% | −4.4% |
| 2010 | +19.9% | −15.8% | +15.1% | +6.4% | +26.9% |
| 2009 | +54.7% | −18.3% | +26.4% | +3.0% | +28.5% |
| 2008 | −41.7% | −49.4% | −36.8% | +7.9% | −34.2% |
| 2007 | +19.0% | −11.4% | +5.1% | +6.6% | −1.8% |
| 2006 | +7.1% | −17.3% | +15.8% | +3.9% | +18.3% |
| 2005 | +1.6% | −12.2% | +4.8% | +2.3% | +4.5% |
| 2004 | +10.5% | −15.9% | +10.7% | +3.8% | +18.1% |
| 2003 | +49.7% | −12.2% | +28.2% | — | +47.9% |
| 2002 | −37.4% | −51.9% | −21.6% | — | −20.4% |
| 2001 | −33.3% | −58.4% | −11.8% | — | +1.8% |
| 2000 | −36.1% | −52.7% | −9.7% | — | — |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
QQQ largest drawdowns
Now 7.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 27, 2000 | −83.0% | Oct 9, 2002 | Feb 20, 2015 | 2.5 years | 14.9 years |
| Dec 27, 2021 | −35.1% | Nov 3, 2022 | Dec 13, 2023 | 10 months | 2.0 years |
| Feb 19, 2020 | −28.6% | Mar 16, 2020 | Jun 3, 2020 | 26 days | 3 months |
| Aug 29, 2018 | −22.8% | Dec 24, 2018 | Apr 12, 2019 | 4 months | 7 months |
| Feb 19, 2025 | −22.8% | Apr 8, 2025 | Jun 24, 2025 | 48 days | 4 months |
| Dec 1, 2015 | −16.1% | Feb 9, 2016 | Jul 27, 2016 | 2 months | 8 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QQQ risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 1999 |
|---|---|---|---|---|
| Annualized return | +28.1% | +16.3% | +20.9% | +10.8% |
| Volatility (annualized) | 17.3% | 20.9% | 19.0% | 23.3% |
| Sharpe ratio | 1.28 | 0.66 | 0.98 | — |
| Sortino ratio | 2.75 | 1.07 | 1.67 | — |
| Best month | +15.7% | +15.7% | +15.7% | +24.3% |
| Worst month | −7.6% | −13.6% | −13.6% | −26.2% |
| Best 12 months | +42.9% | +54.9% | +68.7% | +108.7% |
| Worst 12 months | +6.3% | −32.6% | −32.6% | −67.3% |
| Positive months | 67% | 62% | 66% | 60% |
| Beta vs S&P 500 | 1.26 | 1.22 | 1.13 | — |
| Correlation with S&P 500 | 0.91 | 0.92 | 0.91 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
QQQ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 320 | −67.3% | +16.9% | +108.7% | 80% |
| 3-year (a year) | 296 | −38.7% | +15.0% | +38.1% | 83% |
| 5-year (a year) | 272 | −19.5% | +15.1% | +28.4% | 87% |
| 10-year (a year) | 212 | −8.1% | +13.7% | +22.9% | 89% |
Every holding period starting at a month-end since 1999. Returns for 3 years and longer are annualized.
QQQ performance overview
Invesco QQQ ETF (QQQ) returned +15.9% over the past year and +20.4% a year over ten years, with distributions reinvested. Since its first recorded price in 1999 it has returned +10.6% a year, turning $10,000 into about $163,665. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −83.0%, from Mar 27, 2000 to Oct 9, 2002, and it took 12.4 years to get back to the old high. QQQ finished 20 of its 26 full calendar years with a gain; the best year was 2023 (+54.9%) and the worst 2008 (−41.7%). Volatility has been 23.3% a year.
Related: QQQ chart, QQQ holdings, QQQ dividends, QQQ valuation. See the QQQ overview for the latest quote and fund facts.
QQQ performance FAQ
What is the QQQ return over the past year?
QQQ returned +15.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 15.4%.
What is the average annual return of QQQ?
QQQ has returned +14.2% a year over 5 years, +20.4% a year over 10 years, +10.6% a year since March 10, 1999 (total return, distributions reinvested).
How much would $10,000 invested in QQQ be worth?
$10,000 invested in QQQ at its first recorded close on March 10, 1999 would be worth about $163,665 on October 23, 2026 with distributions reinvested.
What was the worst year for QQQ?
The worst calendar year was 2008, with a total return of −41.7%. The best was 2023 at +54.9%.
What is the biggest drawdown of QQQ?
The largest peak-to-trough decline was −83.0% between March 27, 2000 and October 9, 2002. It recovered to the old high on February 20, 2015, 12.4 years after the bottom.
How volatile is QQQ?
Over the past 3 years QQQ had an annualized volatility of 17.3% and a Sharpe ratio of 1.28 (excess return over 1–3 month T-bills per unit of risk).