Invesco QQQ Gains 26% in 3 Months, Staying a Core 2026 Holding
Updated
Updated · The Motley Fool · Jul 4
Invesco QQQ Gains 26% in 3 Months, Staying a Core 2026 Holding
1 articles · Updated · The Motley Fool · Jul 4
Summary
QQQ rose 26% over the last three months, outpacing a market rally that saw the S&P 500 gain 14% in the second quarter and the Nasdaq Composite and Russell 2000 jump nearly 20%.
The ETF tracks the Nasdaq-100’s 100 largest nonfinancial Nasdaq companies and is heavily tilted toward technology, with tech at 66.9% of assets and consumer discretionary at 17.6%.
Nearly $500 billion in assets and a 25-year record underpin its appeal, while a 0.18% expense ratio means about $18 a year for every $10,000 invested.
The fund has climbed more than 615% over the past decade, and its quarterly rebalancing will soon absorb changes including SpaceX’s addition to the Nasdaq-100 on July 7.