Invesco QQQ ETF grows to $79,030 from a $5,000 investment since its 1999 launch
QQQ Invesco QQQ Trust Series 1
$674.76 -0.68%
View chart & analysis → - 1The Invesco QQQ ETF has been one of the most popular and high-performing ETFs over the past decades.
- 2A $5,000 principal investment on March 9, 1999, would become $79,030 if held until November 4, 2026.
- 3During the tech stock crash in the first few years after its inception, the Invesco QQQ ETF recorded a value decline of over 80%.
So what's the key point?
An investment of $5,000 in the Invesco QQQ ETF could grow to $79,030. Although stock prices fell by more than 80% in the early stages, it means significant returns can be made.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.