The Invesco QQQ Trust delivered a 20.8% total return in 2025 and has outpaced the S&P 500 in roughly 88% of all 12-month rolling periods over the last decade. Over the past ten years, the ETF has generated an average annual return of 19.3%, while its three-year average annualized gain stands at 29.3%. Its consistent outperformance makes QQQ one of the top index-based growth ETFs for investors seeking long-term equity exposure.

QQQ’s 101-stock portfolio offers broad coverage of the AI value chain, from semiconductor chipmakers to cloud-computing and software innovators. Semiconductor leader Nvidia represents approximately 9% of the fund, while Broadcom contributes about 3.3%. The ETF also holds major AI software players such as Apple and Microsoft in its third and fourth largest positions, and combines roughly 7% weighting in Alphabet’s Class A and Class C shares, reflecting deep exposure to cloud infrastructure and generative AI partnerships.

With a total expense ratio of just 0.18%, QQQ ranks among the most cost-effective ways to gain diversified AI and growth stock exposure. Its 101 holdings help mitigate the volatility of any single stock, providing investors a simple, time-saving approach to dollar-cost averaging into the rapidly expanding technology sector without the need to research and manage individual positions.