Invesco NASDAQ Future Gen 200 ETF (QQQS) Performance
QQQS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.9% since Dec 31, 2025
- 1 year
- +13.8% total return
- 3 years
- +25.5% a year
- Since first price
- +12.9% a year since 2022
QQQS trailing returns vs SPY, QQQ, AGG
| Period | QQQS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −9.4% | −9.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −7.1% | −7.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +1.4% | +1.3% | +7.8% | +8.4% | −1.5% |
| YTD | +14.9% | +14.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +13.8% | +11.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +97.8%+25.5%/yr | +88.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionOct 13, 2022 | +62.7%+12.9%/yr | +54.0% | — | — | — |
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: QQQS vs SPY
From Oct 13, 2022: QQQS grew to $16,273, SPY to $21,871.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QQQS returns by calendar year
2 of 3 full years positive. Best 2025 (+23.0%), worst 2023 (−1.9%). 2026 is year to date.
QQQS annual returns table
| Year | QQQS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.9% | −15.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +23.0% | −34.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +10.2% | −15.7% | +24.9% | +25.6% | +1.3% |
| 2023 | −1.9% | −38.1% | +26.2% | +54.9% | +5.7% |
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.
QQQS largest drawdowns
Now 13.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 2, 2023 | −38.1% | Oct 27, 2023 | Sep 11, 2025 | 9 months | 2.6 years |
| Aug 19, 2026 | −15.4% | Oct 16, 2026 | not yet | 58 days | 2 months so far |
| Jan 22, 2026 | −13.6% | Mar 30, 2026 | Apr 14, 2026 | 2 months | 3 months |
| Oct 27, 2025 | −12.8% | Nov 20, 2025 | Dec 10, 2025 | 24 days | 44 days |
| Nov 15, 2022 | −10.3% | Dec 28, 2022 | Jan 9, 2023 | 43 days | 55 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QQQS risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +24.1% | +14.1% |
| Volatility (annualized) | 27.2% | 26.7% |
| Sharpe ratio | 0.77 | 0.46 |
| Sortino ratio | 1.38 | 0.77 |
| Best month | +18.4% | +18.4% |
| Worst month | −13.8% | −13.8% |
| Best 12 months | +89.5% | +89.5% |
| Worst 12 months | −12.9% | −24.4% |
| Positive months | 53% | 51% |
| Beta vs S&P 500 | 1.72 | — |
| Correlation with S&P 500 | 0.79 | — |
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.
QQQS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 37 | −24.4% | +13.4% | +89.5% | 59% |
| 3-year (a year) | 13 | +6.3% | +14.4% | +26.3% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
QQQS performance overview
Invesco NASDAQ Future Gen 200 ETF (QQQS) returned +13.8% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +12.9% a year, turning $10,000 into about $16,273. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −38.1%, from Feb 2, 2023 to Oct 27, 2023, and it took 1.9 years to get back to the old high. QQQS finished 2 of its 3 full calendar years with a gain; the best year was 2025 (+23.0%) and the worst 2023 (−1.9%). Volatility has been 26.7% a year.
Related: QQQS chart, QQQS holdings, QQQS dividends. See the QQQS overview for the latest quote and fund facts.
QQQS performance FAQ
What is the QQQS return over the past year?
QQQS returned +13.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 11.4%.
How much would $10,000 invested in QQQS be worth?
$10,000 invested in QQQS at its first recorded close on October 13, 2022 would be worth about $16,273 on October 23, 2026 with distributions reinvested.
What was the worst year for QQQS?
The worst calendar year was 2023, with a total return of −1.9%. The best was 2025 at +23.0%.
What is the biggest drawdown of QQQS?
The largest peak-to-trough decline was −38.1% between February 2, 2023 and October 27, 2023. It recovered to the old high on September 11, 2025, 1.9 years after the bottom.
How volatile is QQQS?
Over the past 3 years QQQS had an annualized volatility of 27.2% and a Sharpe ratio of 0.77 (excess return over 1–3 month T-bills per unit of risk).