Immutable verification record

Invesco QQQ Trust, Series 1

Run 7f35c13d-dab5-4663-b04b-b5d91b2d68a2 · portfolio period 2026-03-31 · captured 2026-07-27T02:24:38.043Z

This is the permanent record of what our July 27, 2026 data run computed for Invesco QQQ Trust, Series 1, and the exact SEC documents every number came from — it exists so anyone can check us.

Current interpretation · methodology 1.5

How to read this prior-run record now

58.6% of this portfolio matches the Russell 1000 Growth index, which costs $30 a year per $100,000 to own outright. This fund charges $180 a year.

This interpretation is computed under the current methodology and is not inserted into the immutable record below.

Cite these figures

Each snippet includes the figure’s source-event date and immutable verification URL.

Best-fit active share

Sensible Investor, “Invesco QQQ Trust, Series 1 — best-fit active share,” 41.4% versus the Russell 1000 Growth index, fund portfolio as of 2026-03-31; measured against the filed holdings of iShares Russell 1000 Growth ETF (IWF), as of 2026-03-31. https://sensible-investor.com/registry/qqq/as-of/7f35c13d-dab5-4663-b04b-b5d91b2d68a2

QQQ filed expense ratio

Sensible Investor, “Invesco QQQ Trust, Series 1 — filed expense ratio,” 0.18% for QQQ, as of 2025-12-31. https://sensible-investor.com/registry/qqq/as-of/7f35c13d-dab5-4663-b04b-b5d91b2d68a2

QQQ fee per active unit

Sensible Investor, “Invesco QQQ Trust, Series 1 — fee per unit of active management,” 0.44% using the QQQ expense ratio as of 2025-12-31 and fund portfolio as of 2026-03-31. https://sensible-investor.com/registry/qqq/as-of/7f35c13d-dab5-4663-b04b-b5d91b2d68a2

Holdings difference for every comparison calculated in this run.
Index	Active share	Holdings evidence	Identifier match
the Russell 1000 Growth index	41.4%	measured against the filed holdings of iShares Russell 1000 Growth ETF (IWF), as of 2026-03-31	79.5%
the S&P 500	49.3%	measured against the filed holdings of iShares Core S&P 500 ETF (IVV), as of 2026-03-31	95.4%
the Russell 1000 index	53.0%	measured against the filed holdings of iShares Russell 1000 ETF (IWB), as of 2026-03-31	96.0%
the total US market	54.9%	measured against the filed holdings of Vanguard Total Stock Market ETF (VTI), as of 2026-03-31	96.5%
the Russell 1000 Value index	78.9%	measured against the filed holdings of iShares Russell 1000 Value ETF (IWD), as of 2026-03-31	48.9%
the S&P SmallCap 600	100.0%	measured against the filed holdings of iShares Core S&P Small-Cap ETF (IJR), as of 2026-03-31	0.0%
the S&P MidCap 400	100.0%	measured against the filed holdings of iShares Core S&P Mid-Cap ETF (IJH), as of 2026-03-31	0.0%
the Russell 2000 index	100.0%	measured against the filed holdings of iShares Russell 2000 ETF (IWM), as of 2026-03-31	0.0%

Filed expense ratios by share class

Each fee is tied to its filed SEC source and period.
Share class	Expense ratio	Filing period	SEC document
QQQ (Invesco QQQ Trust, Series 1)	0.18%	2025-12-31	Open SEC expense filing

Match rates

How much of the fund filing could be matched to comparison holdings. A benchmark proxy is not compared with itself.
Fund identifier match	79.5%
the Russell 1000 Growth index	79.5%
the S&P 500	95.4%
the Russell 1000 index	96.0%
the total US market	96.5%
the Russell 1000 Value index	48.9%
the S&P SmallCap 600	0.0%
the S&P MidCap 400	0.0%
the Russell 2000 index	0.0%

Fee-drag windows

Dollar fee drag from licensed return windows; the lowest-cost control class is omitted rather than compared with itself, and missing history remains explicit.
Share class	Window	Fee drag	Window dates
QQQ	10 years	$7,475	2016-07-25 to 2026-07-24
QQQ	20 years	$37,525	2006-07-24 to 2026-07-24
QQQ	30 years	proxy history begins 2000 — no full 30-year window	Proxy history begins 2000-05-26

Check it yourself

Open the fund’s linked SEC holdings filing and, for fees, the linked SEC expense filing in the table above.
Find each security identifier and portfolio weight in the holdings filing, and the net annual operating expense for the relevant share class in its expense filing.
Recalculate the comparison using the active-share formula and portfolio rules.

Raw record (JSON)

Download this record as JSON

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