If You Invested $1,000 In QQQ At The End Of The Great Recession In 2009, Here's How Much You Would Have Now
Portfolio Pulse from Shanthi Rexaline
The Invesco QQQ Trust (NASDAQ:QQQ) has outperformed the broader market this year, rallying over 33% compared to the 26% advance by the Nasdaq Composite Index and the 11% gain for the S&P 500 Index. A $1,000 investment in QQQ at the end of June 2009 would now be worth $12,158, translating to a return of 1,116% over a 14-year period.
June 06, 2023 | 10:29 am
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Invesco QQQ Trust (NASDAQ:QQQ) has rallied 33% this year, outperforming the broader market. A $1,000 investment in QQQ at the end of June 2009 would now be worth $12,158, a 1,116% return over 14 years.
The article highlights the strong performance of the Invesco QQQ Trust (NASDAQ:QQQ) compared to the broader market. The ETF has rallied 33% this year, outperforming the Nasdaq Composite Index and the S&P 500 Index. Additionally, the article provides a historical perspective on the returns of QQQ, showing that a $1,000 investment in the ETF at the end of June 2009 would now be worth $12,158, a 1,116% return over a 14-year period. This information is highly relevant and important for investors in QQQ, and the strong performance suggests a positive short-term impact on the ETF's price.
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