The Invesco QQQ Trust has outpaced the broader market in nearly nine out of ten rolling 12-month periods over the past decade, delivering an average annual return of 19.3% over ten years. In 2025 alone, the fund generated a 20.8% gain, cementing its status as one of the top-performing index ETFs. Even during volatile markets, QQQ’s tech-heavy Nasdaq-100 benchmark has demonstrated resilience, contributing significantly to investors’ long-term portfolio growth.

QQQ offers targeted exposure to the artificial intelligence value chain through its 101 holdings. The largest single position, a leading AI semiconductor company, carries a 9% weighting, while another key AI chip supplier accounts for 3.3%. The fund’s third and fourth largest allocations are to two major technology firms—one providing consumer AI tools and the other offering enterprise AI services and cloud infrastructure. Combined, these top four positions represent over a quarter of the portfolio, underscoring QQQ’s role as a proxy for AI-driven growth.

With a total expense ratio of just 0.18%, QQQ remains one of the most cost-effective ways to access a broad array of high-growth technology names. The fund’s 101 holdings span semiconductors, software, cloud computing and internet services, reducing the impact of any single stock’s volatility. This diversified approach allows investors to participate in multiple nodes of the AI ecosystem—from hardware innovation to software deployment—while managing idiosyncratic risk.