ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) Performance
QQQA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +30.0% since Dec 31, 2025
- 1 year
- +33.2% total return
- 5 years
- +8.2% a year
- Since first price
- +9.0% a year since 2021
QQQA trailing returns vs SPY, QQQ, AGG
| Period | QQQA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −9.7% | −9.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −8.2% | −8.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.0% | +2.0% | +7.8% | +8.4% | −1.5% |
| YTD | +30.0% | +30.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +33.2% | +33.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +96.7%+25.3%/yr | +96.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +48.4%+8.2%/yr | +47.0% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionMay 20, 2021 | +59.5%+9.0%/yr | +57.9% | — | — | — |
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: QQQA vs SPY
From May 20, 2021: QQQA grew to $15,948, SPY to $19,693.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QQQA returns by calendar year
3 of 4 full years positive. Best 2023 (+25.0%), worst 2022 (−29.1%). 2026 is year to date.
QQQA annual returns table
| Year | QQQA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +30.0% | −26.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +9.9% | −30.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +16.2% | −21.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +25.0% | −13.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −29.1% | −34.8% | −18.2% | −32.6% | −13.0% |
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.
QQQA largest drawdowns
Now 25.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 19, 2021 | −38.4% | Oct 14, 2022 | Jun 17, 2024 | 11 months | 2.6 years |
| Feb 14, 2025 | −30.8% | Apr 4, 2025 | Jan 13, 2026 | 49 days | 11 months |
| Jun 22, 2026 | −26.6% | Oct 22, 2026 | not yet | 4 months | 4 months so far |
| Jun 18, 2024 | −21.4% | Aug 7, 2024 | Dec 6, 2024 | 50 days | 6 months |
| Jan 29, 2026 | −14.5% | Mar 30, 2026 | Apr 9, 2026 | 2 months | 2 months |
| Jun 3, 2026 | −10.2% | Jun 10, 2026 | Jun 15, 2026 | 7 days | 12 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QQQA risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +29.3% | +11.3% | +10.9% |
| Volatility (annualized) | 29.5% | 27.2% | 26.5% |
| Sharpe ratio | 0.87 | 0.39 | 0.39 |
| Sortino ratio | 1.69 | 0.65 | 0.65 |
| Best month | +31.8% | +31.8% | +31.8% |
| Worst month | −16.4% | −16.4% | −16.4% |
| Best 12 months | +89.5% | +89.5% | +89.5% |
| Worst 12 months | −5.5% | −31.1% | −31.1% |
| Positive months | 64% | 57% | 58% |
| Beta vs S&P 500 | 1.75 | 1.33 | — |
| Correlation with S&P 500 | 0.74 | 0.77 | — |
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.
QQQA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 54 | −31.1% | +11.0% | +89.5% | 72% |
| 3-year (a year) | 30 | −2.3% | +11.7% | +34.1% | 87% |
| 5-year (a year) | 6 | +7.4% | +10.8% | +14.9% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
QQQA performance overview
ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) returned +33.2% over the past year and +8.2% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +9.0% a year, turning $10,000 into about $15,948. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −38.4%, from Nov 19, 2021 to Oct 14, 2022, and it took 1.7 years to get back to the old high. QQQA finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+25.0%) and the worst 2022 (−29.1%). Volatility has been 26.5% a year.
Related: QQQA chart, QQQA holdings, QQQA dividends. See the QQQA overview for the latest quote and fund facts.
QQQA performance FAQ
What is the QQQA return over the past year?
QQQA returned +33.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 33.1%.
What is the average annual return of QQQA?
QQQA has returned +8.2% a year over 5 years, +9.0% a year since May 20, 2021 (total return, distributions reinvested).
How much would $10,000 invested in QQQA be worth?
$10,000 invested in QQQA at its first recorded close on May 20, 2021 would be worth about $15,948 on October 23, 2026 with distributions reinvested.
What was the worst year for QQQA?
The worst calendar year was 2022, with a total return of −29.1%. The best was 2023 at +25.0%.
What is the biggest drawdown of QQQA?
The largest peak-to-trough decline was −38.4% between November 19, 2021 and October 14, 2022. It recovered to the old high on June 17, 2024, 1.7 years after the bottom.
How volatile is QQQA?
Over the past 3 years QQQA had an annualized volatility of 29.5% and a Sharpe ratio of 0.87 (excess return over 1–3 month T-bills per unit of risk).