If You'd Invested $1,000 in the Invesco QQQ ETF 27 Years Ago, Here's How Much You'd Have Today

Thanks to the multidecade bull market in tech stocks, the Invesco QQQ Trust ETF (NASDAQ: QQQ) is one of the best-performing exchange-traded funds (ETFs) in the world. Having launched back in early 1999, it's amassed more than $400 billion in assets under management (AUM), making it one of the five biggest ETFs in the marketplace.

Today, the Nasdaq-100, the index it's based on, has become famously concentrated. Its top five holdings -- Nvidia, Apple, Microsoft, Amazon, and Tesla -- are all part of the "Magnificent Seven" stocks and account for roughly 1/3 of the entire portfolio.

Image source: Getty Images.

Over the course of its 27-year life, it's seen quite a lot. Most notably, it lived through the tech bubble of the early 2000s and experienced more than an 80% drawdown from peak to valley. Despite this early setback, the Invesco QQQ ETF has managed to deliver a total return of 1,340% since its inception.

That means a $1,000 investment made when the fund launched would today be worth about $14,190!

The average annual return of 10.4% that this translates to may not seem terribly impressive on the surface, but that's what a raging bear market will do to returns. If, however, you had invested on Oct. 9, 2002, which was the bottom of that particular recession, that $1,000 investment would have grown by more than 3,613%!

Either way, it's been an incredibly impressive run for the tech-heavy Nasdaq-100 index.

David Dierking has positions in Apple. The Motley Fool has positions in and recommends Amazon, Apple, Microsoft, Nvidia, and Tesla. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.