Invesco NASDAQ 100 ETF (NASDAQ:QQQM) has outperformed the market over the past 5 years by 4.72% on an annualized basis producing an average annual return of 16.86%. Currently, Invesco NASDAQ 100 ETF has a market capitalization of $89.11 billion.
Buying $1000 In QQQM: If an investor had bought $1000 of QQQM stock 5 years ago, it would be worth $2,228.24 today based on a price of $292.54 for QQQM at the time of writing.
Invesco NASDAQ 100 ETF's Performance Over Last 5 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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