Invesco NASDAQ 100 ETF (QQQM)

How has QQQM done since 2020?#

From October 2020 to October 2026, QQQM returned about 16.5% a year. The S&P 500 returned about 15.4% a year over the same dates. Say you put in $10,000 at the start. It would have been worth about $25,048 at the end, with every dividend reinvested.

QQQM returns by month and year#

QQQM rose in 46 of its 73 months (63%). Its best month was April 2026, at 15.7%. Its worst was April 2022, at −13.5%.

How risky is QQQM compared with the S&P 500?#

Measured from October 2021 to October 2026, on the days both traded.

• Beta 1.27. When the S&P 500 moved 1% in a day, QQQM tended to move about 1.27%.
• Correlation 0.95. QQQM mostly moved with the S&P 500.
• Up and down months. In months the S&P 500 rose, QQQM rose 113% as much on average. In months it fell, QQQM fell 108% as much.

Is QQQM above its 200-day average?#

QQQM closed 5.4% above its 200-day average on October 16, 2026. A rule that holds QQQM only above that average would hold it today.

What was QQQM’s worst drop?#

A drawdown is how far a fund falls from its last high point. QQQM’s worst fall was −35.0%, from November 19, 2021 to November 3, 2022. It got back to that high on December 12, 2023. On October 16, 2026 it was 6.6% below its highest close.

What does QQQM hold?#

This fund owns the stocks in the Nasdaq-100, which is 100 of the largest companies listed on the Nasdaq that are not banks or other financial firms. It follows the same index as QQQ with a lower yearly fee. Its value goes up and down with those stocks.

It tracks the Nasdaq-100 Index.

What is the QQQM expense ratio?#

QQQM charges 0.15% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.15% fee comes to about $15 a year. Of the 162 ETFs on Tactfolio, 42% charge more.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

Which Tactfolio strategies hold QQQM?#

No classic strategy holds QQQM yet. You can add it to your own rules in the builder and see how they would have done.

How does QQQM compare with similar ETFs?#

Side-by-side pages measure both funds over the same dates:

• QQQ vs QQQM: the same Nasdaq-100 index in two Invesco funds with different fees.

Funds that can stand in for QQQM:

• QQQ: Invesco QQQ Trust, Series 1, 0.18% a year
• ONEQ: Fidelity Nasdaq Composite Index ETF, 0.21% a year
• QQEW: First Trust Nasdaq-100 Select Equal Weight ETF, 0.55% a year
• XLK: State Street Technology Select Sector SPDR ETF, 0.08% a year

See all 8 QQQM alternatives, compared on the same dates as QQQM.

Test QQQM in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add QQQM, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for QQQM and SPY. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns. Beta and correlation compare daily returns with the S&P 500 over the same dates.

Fund facts come from Invesco. We checked them on October 16, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.