Why Invesco QQQ Trust, Series 1 moves
Invesco QQQ Trust, Series 1 rose clearly.
Written after the close on ·
Why today
16,437 news analyzed todayInvesco QQQ Trust, Series 1 rose clearly.
Its gain came as the Nasdaq rebounded from a sharp selloff, helped partly by October payrolls beating expectations and a rotation back into beaten-down tech names.
No single company news explains the move, so it is best read as a broad market bounce.
Over the last five trading days the fund fell sharply, a big move about three times its normal weekly swing, driven by the AI and tech selloff after the midterm elections.
The bounce came from oversold conditions rather than any new fund-specific event.
Today's move of +1.40% was 2.0 times a normal day's 0.7%. S&P 500 moved +0.31% on the same day.
Invesco QQQ Trust, Series 1 +1.40%S&P 500 +0.31%A little stronger than the market
What the key figures say about Invesco QQQ Trust, Series 1
The figures connect what Invesco QQQ Trust, Series 1 earns with what investors pay.
The line shows the share price in the same year, on its own scale.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $1.30–$2.85.
The dividend explained
A dividend is money paid to shareholders. Invesco QQQ Trust, Series 1 paid $3.09 per share in the twelve months through November 6, 2026.
On the ex-dividend day, September 21, 2026, Invesco QQQ Trust, Series 1 traded without the right to the $0.75 dividend. The price went from $721.45 to $741.47; including the dividend, the day's change was +2.9%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: $1.302018: $1.412019: $1.582020: $1.352021: $1.702022: $2.132023: $2.542024: $2.852025: $2.792026 so far: $2.30
What followed similar falls?
Including reinvested dividends, Invesco QQQ Trust, Series 1 fell 5.0% over the latest five trading days. Since November 7, 2016, falls at least this large were followed by a higher value 21 trading days later in 19 out of 29 non-overlapping periods. The median was +2.6%, against +2.4% for an ordinary 21-day period, which ended higher 68 times in 100.
Such a fall has not said much about the next month.
+2.6% · 19/29
$10,000 in Invesco QQQ Trust, Series 1 bought on November 7, 2016 is worth $60,400 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,400.
What would $10,000 in Invesco QQQ Trust, Series 1 be worth today? →
What would $10,000 in Invesco QQQ Trust, Series 1 be worth today?
$60,400
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,400.
The five biggest days of the journey
· +12.0% · the whole market rose 9.5% the same day
· −12.0% · the whole market fell 12.0% the same day
· −9.2% · the whole market fell 9.5% the same day
· +8.5% · the whole market rose 9.3% the same day
· +7.7% · the whole market rose 9.4% the same day
Earlier days
−4.98% market −2.70% Invesco QQQ Trust, Series 1 trades on Nasdaq and fell sharply over the week, a bigger drop than the broader market. Read →
Invesco QQQ Trust, Series 1 trades on Nasdaq and fell sharply over the week, a bigger drop than the broader market.
The move was big for this fund, rare in the past year.
Heavy selling in AI and chip stocks, led by Nvidia, Qualcomm, Intel and Marvell, weighed on the fund, which holds large positions in those names.
Jobs data released on Friday, showing strong hiring, then lifted tech stocks in a partial rebound.
−6.49% market −4.41% QQQ fell on post-election AI and chip selling. Read →
QQQ fell on post-election AI and chip selling.
The S&P 500 fell sharply too, so QQQ moved roughly in line with the broad market.
Over the last five trading days, QQQ fell very sharply, a far bigger move than its usual swings.
AI and chip stocks sold off after the election, as fears of tighter AI spending rules hit technology.
QQQ's largest holdings, including AMD and Tesla, fell hard, and their losses weighed on the fund.
+0.97% market +1.65% Invesco QQQ Trust, Series 1 rose clearly. Read →
Invesco QQQ Trust, Series 1 rose clearly.
Invesco QQQ Trust, Series 1 rose, while the S&P 500 rose sharply, so it lagged the market.
The rise came as the post-election rally lifted big tech stocks such as Microsoft, Apple and Amazon.
No single company news explains the fund's move; its gain mostly mirrors those heavyweight holdings.
Over the last five trading days, QQQ fell sharply and dropped more than the S&P 500, which fell slightly.
+0.62% market +0.30% Invesco QQQ Trust, Series 1 rose with the market. Read →
Invesco QQQ Trust, Series 1 rose with the market.
Over the same day the S&P 500 also rose slightly, so the move was in line with the market.
Over the last five trading days the fund fell sharply, a big move for it, likely driven by the AI and chip stock selloff and election-related uncertainty.
Tech stocks were mixed, with semiconductors rebounding and some AI names falling.
The fund trades well below its October high, so the wider market mood matters most for it.
−1.36% market −0.48% Invesco QQQ Trust, Series 1 fell, more than the S&P 500. Read →
Invesco QQQ Trust, Series 1 fell, more than the S&P 500.
No company news explains it.
Over the last five trading days it fell sharply, a big move for this fund.
Likely drivers were worries about heavy AI spending by big tech firms, a risk-off mood in the market, and the Fed's hawkish stance, with rate-hike odds rising.
Trading volume was well above its usual level.
−3.47% market −1.77% Invesco QQQ Trust, Series 1 fell very sharply. Read →
Invesco QQQ Trust, Series 1 fell very sharply.
The fall was much bigger than the S&P 500's, which also dropped that day.
Such a move happened only once in the past year.
Trading was well above normal.
The main reason is likely the wave of worry about heavy AI spending by big tech companies, which hit Alphabet and other large technology names.
−1.97% market −0.56% Invesco QQQ Trust, Series 1 fell clearly over the week, and its last session saw a very sharp drop. Read →
Invesco QQQ Trust, Series 1 fell clearly over the week, and its last session saw a very sharp drop.
The fall was steeper than the S&P 500's, which slipped only slightly over the week.
Tech stocks sold off on disappointing earnings from Amazon and Intel and on worries about heavy AI spending.
The move was very big for this fund, about five times a normal day, and trading volume ran well above its usual level.
−1.42% market −0.38% Invesco QQQ Trust, Series 1 fell clearly. Read →
Invesco QQQ Trust, Series 1 fell clearly.
Tech stocks sold off after Alphabet's weak cash flow and Intel's cautious outlook.
Alphabet's free cash flow turned negative as it spent heavily on AI, and that worried investors about how big cloud spenders will pay for it.
Intel's weak guidance, blamed on a slowing PC market, weighed on chip stocks too.
Over the last five trading days the fund rose slightly, so the recent week was mixed.
+0.60% market +0.34% Invesco QQQ Trust, Series 1 rose slightly. Read →
Invesco QQQ Trust, Series 1 rose slightly.
The S&P 500 also rose slightly, so the fund moved only a little more than the broad market.
Over the last five trading days the fund was roughly unchanged, in step with a flat S&P 500.
Its gain likely reflects the wider tech and AI trade, which has been driven by chip stocks and expectations for the Federal Reserve's rate decision.
+1.27% market +0.56% Invesco QQQ Trust, Series 1 rose clearly. Read →
Invesco QQQ Trust, Series 1 rose clearly.
Invesco QQQ Trust, Series 1 rose clearly in the last session, moving more than the S&P 500, which also rose clearly.
Its rise likely reflected a broad tech rally, with AI-linked chip and cloud names such as Oracle, CoreWeave and Intel climbing that day.
Those stocks are large holdings in the fund, so their gains lift it.
Over the last five trading days it was roughly unchanged, while the S&P 500 was also roughly flat.
+1.11% market +0.71% Invesco QQQ Trust, Series 1 rose clearly. Read →
Invesco QQQ Trust, Series 1 rose clearly.
The S&P 500 also rose clearly that day, so the gain was largely part of a wider market rally.
Most likely, the move reflects renewed enthusiasm for AI and large technology stocks, since the Nasdaq rose as tech shares rebounded.
Over the last five trading days the fund fell slightly, while the S&P 500 was roughly flat.
−0.76% market −0.43% Invesco QQQ Trust, Series 1 eased slightly over the last five trading days, a modest move in line with ordinary daily swings. Read →
Invesco QQQ Trust, Series 1 eased slightly over the last five trading days, a modest move in line with ordinary daily swings.
The S&P 500 also fell slightly, so the fund moved a little more than the broad market.
The main driver in the news was tech and AI stocks selling off, along with a rise in oil prices and Treasury yields, which pushed investors away from high-priced growth shares.
The fund remains well above its one-year low, though below its one-year high set in early October.
−2.86% market −1.18% Invesco QQQ Trust, Series 1 fell very sharply. Read →
Invesco QQQ Trust, Series 1 fell very sharply.
The S&P 500 fell sharply too, so QQQ fell more than the broad market.
No company news from that session clearly explains the drop.
The fall was about four times a normal daily move, and trading was well above its usual level.
Over the last five trading days, QQQ fell clearly, while the S&P 500 fell slightly.