The Invesco QQQ Trust has generated a fantastic 22% annualized total return since June 2016.
It looks like artificial intelligence (AI) will be the most influential trend that will propel this ETF in the future.
In 2023, money tied up in U.S. passive equity investment vehicles surpassed the amount in active funds for the first time. Given the strong performance of top options within the former group, it makes sense.
The Invesco QQQ Trust (NASDAQ: QQQ) is a fantastic example. If you'd invested $10,000 in this exchange-traded fund (ETF) 10 years ago, here's how much you'd have today.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »
Image source: Getty Images.
In the past decade, QQQ has produced a total return of 642% (as of June 16). Investors who allocated $10,000 to this ETF in June 2016 would have about $74,000 today. This translates to a 22% annualized total return.
This ETF has gained from the incredible rise of big tech companies, most notably the "Magnificent Seven" stocks. Combined, they carry a monster market capitalization of $22 trillion. According to research by The Motley Fool, these seven businesses account for 34% of the S&P 500 (SNPINDEX: ^GSPC).
Of course, artificial intelligence (AI) has been the most significant tailwind in recent years, as companies have spared no expense to build the essential infrastructure to capture growth. High-end chip maker Nvidia, the most valuable company on Earth, at $5 trillion, is the leading beneficiary of AI. Its share price has skyrocketed 17,420% in the past decade, lifting the QQQ in the process.
Although this ETF trades in record territory, it's hard for investors not to remain bullish over the next 10 years.
Before you buy stock in Invesco QQQ Trust, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Invesco QQQ Trust wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $415,040!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,256,076!*
Now, it’s worth noting Stock Advisor’s total average return is 920% — a market-crushing outperformance compared to 207% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of June 19, 2026.
Neil Patel has positions in Invesco QQQ Trust. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy.