Registry rank 9 · Portfolio as of 2026-03-31

Invesco QQQ Trust, Series 1

QQQ

Best-fit active share41.4%vs IWF · fund as of 2026-03-31 · proxy as of 2026-03-31
Declared-benchmark active shareNot filed yetNo mapped declared benchmark
QQQ expense ratio0.18%SEC expense filing · as of 2025-12-31
QQQ fee per active unit0.44%expense as of 2025-12-31; fund as of 2026-03-31; proxy as of 2026-03-31

Filed fees in dollars

Assumptions for each dollar figure: $100,000 starting amount · 5.0% annual return · annual compounding · fees deducted annually · 0.00% computed index-control baseline. Methodology.

Illustrated difference between each class’s filed expense ratio and the computed index-control baseline.
Share class and filing10 years20 years30 years
QQQ0.18% · SEC expense filing · as of 2025-12-31$2,771$8,950$21,683

These figures are illustrations, not predictions or personalized advice. Returns and fees can differ. Read the research disclaimer.

Change the illustration

Assumptions for the dollar figures below: $100,000 starting amount; 5.0% annual return; 20 years; annual compounding; fees deducted annually; 0.00% computed index-control baseline. QQQ SEC expense filing, as of 2025-12-31. Methodology.

Illustration for QQQ; expense ratio filed as of 2025-12-31.
ResultAmount
Ending value at baseline$265,330
Ending value at filed expense ratio$256,379
Difference attributed to fee drag$8,950

This is an illustration, not a prediction or personalized advice. Returns and fees can differ. Read the research disclaimer.

Largest active differences vs IWF

The bars are labeled and repeated in the table; color is not the only signal. Linked company names open Buy Like Buffett’s company record; Sensible Investor does not score stocks.

HoldingFundIWFDifference
NVIDIA CORPORATION8.69%12.95%-4.25%
APPLE INC.7.64%11.66%-4.02%
WALMART INC.3.44%0.20%+3.24%
MICROSOFT CORPORATION5.64%8.84%-3.20%
ELI LILLY AND COMPANY0.00%2.66%-2.66%
Micron Technology, Inc.2.15%0.00%+2.15%
VISA INC.0.00%1.84%-1.84%
BROADCOM INC.3.01%4.80%-1.79%
Cisco Systems, Inc.1.74%0.00%+1.74%
MASTERCARD INCORPORATED0.00%1.45%-1.45%

Source and verification

SEC N-PORT filing · filed 2026-05-28 · period 2026-03-31

SEC expense filing · period 2025-12-31

Immutable verification record · Active-share method