QQQM Invesco NASDAQ 100 ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-05-31
Executive Summary
The quantitative backtest for QQQM (Invesco NASDAQ 100 ETF) using the Excess Return MMA CA* strategy in a Trading context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -23.5% (compared to the benchmark's drawdown of -35.0%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 11.2%, compared to a Buy-and-Hold benchmark return of 17.4%. The strategy executed 44 total trades.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA Active
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Available in Investing Mode
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
Available in Investing Mode
QQQM Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | Full History | |||
|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 37.62% | 42.77% | 11.96% | 18.09% | 11.22% | 17.35% |
| Sharpe Ratio | 2.51 | 2.25 | 0.85 | 0.75 | 0.80 | 0.73 |
| Max Drawdown | -7.30% | -11.96% | -23.50% | -35.04% | -23.50% | -35.04% |
| % Time Invested | 93.7% | 100.0% | 87.5% | 100.0% | 87.7% | 100.0% |
| Trades / Year | 5.0 | 0.0 | 8.2 | 0.0 | 8.6 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open / Mark-to-Market exit denotes a position currently held active, valued at the latest price. Interest entries record cash yields accrued during out-of-market periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason |
|---|---|---|---|---|---|---|---|
| 2026-04-10 | Open | Open | 33.33% | $251.92 | $303.96 | 20.66% | Mark-to-Market |
| 2026-04-10 | Open | Open | 33.33% | $251.92 | $303.96 | 20.66% | Mark-to-Market |
| 2026-04-10 | Open | Open | 33.33% | $251.92 | $303.96 | 20.66% | Mark-to-Market |
| 2026-03-18 | 2026-04-10 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.22% | Interest Income |
| 2026-03-13 | 2026-04-10 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income |
| 2026-03-03 | 2026-04-10 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income |
| 2025-07-08 | 2026-03-18 | Completed | 33.33% | $226.89 | $247.31 | 9.00% | Signal |
| 2026-03-06 | 2026-03-13 | Completed | 33.33% | $246.84 | $246.59 | -0.10% | Signal |
| 2026-03-03 | 2026-03-06 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income |
| 2026-02-27 | 2026-03-02 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.03% | Interest Income |
| 2026-01-26 | 2026-03-02 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income |
| 2025-05-27 | 2026-02-27 | Completed | 33.33% | $211.39 | $247.92 | 17.28% | Signal |
| 2026-01-21 | 2026-01-26 | Completed | 33.33% | $250.59 | $256.25 | 2.26% | Signal |
| 2025-12-26 | 2026-01-21 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.26% | Interest Income |
| 2025-12-12 | 2025-12-26 | Completed | 33.33% | $255.45 | $256.81 | 0.53% | Signal |
| 2025-11-19 | 2025-12-12 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income |
| 2025-09-26 | 2025-11-19 | Completed | 33.33% | $243.99 | $245.16 | 0.48% | Signal |
| 2025-09-04 | 2025-09-26 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.28% | Interest Income |
| 2025-04-30 | 2025-09-04 | Completed | 33.33% | $191.35 | $234.07 | 22.33% | Signal |
| 2025-06-03 | 2025-07-08 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.56% | Interest Income |
| 2025-05-02 | 2025-06-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income |
| 2025-05-02 | 2025-05-27 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.25% | Interest Income |
| 2025-04-04 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.15% | Interest Income |
| 2025-03-11 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.35% | Interest Income |
| 2025-04-07 | 2025-04-30 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.64% | Interest Income |
| 2025-04-03 | 2025-04-07 | Completed | 33.33% | $186.90 | $167.24 | -10.52% | Signal |
| 2025-04-02 | 2025-04-04 | Completed | 33.33% | $190.91 | $179.35 | -6.05% | Signal |
| 2025-03-05 | 2025-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.47% | Interest Income |
| 2025-03-11 | 2025-04-02 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.29% | Interest Income |
| 2024-09-30 | 2025-03-11 | Completed | 33.33% | $198.25 | $193.06 | -2.62% | Signal |
| 2024-08-28 | 2025-03-11 | Completed | 33.33% | $194.09 | $193.06 | -0.53% | Stop |
| 2025-01-29 | 2025-03-05 | Completed | 33.33% | $213.63 | $202.85 | -5.05% | Stop |
| 2025-01-03 | 2025-01-29 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.31% | Interest Income |
| 2024-12-02 | 2025-01-03 | Completed | 33.33% | $208.57 | $209.89 | 0.63% | Signal |
| 2024-11-07 | 2024-12-02 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.31% | Interest Income |
| 2024-10-04 | 2024-11-07 | Completed | 33.33% | $198.94 | $207.52 | 4.31% | Signal |
| 2024-10-02 | 2024-10-04 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.10% | Interest Income |
| 2024-09-12 | 2024-10-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.33% | Interest Income |
| 2024-08-06 | 2024-09-30 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.84% | Interest Income |
| 2024-08-19 | 2024-09-12 | Completed | 33.33% | $193.61 | $190.99 | -1.36% | Signal |
| 2024-08-06 | 2024-08-28 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income |
| 2024-08-02 | 2024-08-19 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.26% | Interest Income |
| 2024-06-06 | 2024-08-06 | Completed | 33.33% | $188.85 | $178.17 | -5.66% | Stop |
| 2023-12-21 | 2024-08-06 | Completed | 33.33% | $165.20 | $178.17 | 7.85% | Stop |
| 2024-07-26 | 2024-08-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.13% | Interest Income |
| 2024-05-08 | 2024-07-26 | Completed | 33.33% | $178.04 | $188.53 | 5.89% | Stop |
| 2024-05-07 | 2024-06-06 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.53% | Interest Income |
| 2024-04-15 | 2024-05-08 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.47% | Interest Income |
| 2023-11-07 | 2024-05-07 | Completed | 33.33% | $149.95 | $179.27 | 19.55% | Signal |
| 2024-02-07 | 2024-04-15 | Completed | 33.33% | $174.79 | $179.81 | 2.87% | Signal |
| 2024-01-16 | 2024-02-07 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.49% | Interest Income |
| 2023-11-21 | 2024-01-16 | Completed | 33.33% | $157.56 | $165.82 | 5.25% | Signal |
| 2023-11-13 | 2023-12-21 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.58% | Interest Income |
| 2023-10-30 | 2023-11-21 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.34% | Interest Income |
| 2023-01-18 | 2023-11-13 | Completed | 33.33% | $114.16 | $152.63 | 33.70% | Signal |
| 2023-09-18 | 2023-11-07 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.79% | Interest Income |
| 2023-10-17 | 2023-10-30 | Completed | 33.33% | $148.12 | $140.86 | -4.90% | Signal |
| 2023-09-25 | 2023-10-17 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.27% | Interest Income |
| 2023-09-05 | 2023-09-25 | Completed | 33.33% | $152.33 | $144.53 | -5.12% | Signal |
| 2023-02-14 | 2023-09-18 | Completed | 33.33% | $122.08 | $149.55 | 22.50% | Signal |
| 2023-08-10 | 2023-09-05 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.40% | Interest Income |
| 2023-05-24 | 2023-08-10 | Completed | 33.33% | $133.75 | $149.98 | 12.13% | Signal |
| 2023-05-02 | 2023-05-24 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.25% | Interest Income |
| 2023-03-24 | 2023-05-02 | Completed | 33.33% | $124.83 | $130.03 | 4.17% | Signal |
| 2023-03-02 | 2023-03-24 | Interest (FLOT) | 33.33% | $1.00 | $0.99 | -0.91% | Interest Income |
| 2023-01-17 | 2023-03-02 | Completed | 33.33% | $113.17 | $116.29 | 2.76% | Signal |
| 2023-01-23 | 2023-02-14 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.58% | Interest Income |
| 2022-12-06 | 2023-01-23 | Completed | 33.33% | $115.55 | $114.25 | -1.12% | Signal |
| 2022-12-02 | 2023-01-18 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.86% | Interest Income |
| 2022-12-19 | 2023-01-17 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.60% | Interest Income |
| 2022-10-26 | 2022-12-19 | Completed | 33.33% | $111.89 | $110.34 | -1.39% | Signal |
| 2022-12-02 | 2022-12-06 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-10-04 | 2022-10-26 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.14% | Interest Income |
| 2022-09-19 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.17% | Interest Income |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-08-08 | 2022-09-19 | Completed | 33.33% | $129.26 | $115.00 | -11.03% | Stop |
| 2022-08-31 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income |
| 2022-03-02 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income |
| 2022-07-08 | 2022-08-31 | Completed | 33.33% | $117.14 | $121.93 | 4.09% | Stop |
| 2022-05-06 | 2022-08-08 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.18% | Interest Income |
| 2022-06-14 | 2022-07-08 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income |
| 2022-06-03 | 2022-06-14 | Completed | 33.33% | $123.73 | $111.18 | -10.15% | Stop |
| 2022-04-19 | 2022-06-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income |
| 2022-05-03 | 2022-05-06 | Completed | 33.33% | $127.42 | $124.59 | -2.22% | Signal |
| 2022-03-02 | 2022-05-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2022-03-23 | 2022-04-19 | Completed | 33.33% | $141.78 | $135.33 | -4.55% | Stop |
| 2022-03-02 | 2022-03-23 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2022-02-16 | 2022-03-02 | Completed | 33.33% | $141.44 | $137.17 | -3.02% | Signal |
| 2022-02-25 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income |
| 2022-01-25 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income |
| 2022-02-11 | 2022-02-25 | Completed | 33.33% | $143.37 | $136.39 | -4.86% | Stop |
| 2022-01-25 | 2022-02-16 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income |
| 2022-01-18 | 2022-02-11 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income |
| 2021-11-17 | 2022-01-25 | Completed | 33.33% | $158.80 | $138.54 | -12.76% | Stop |
| 2021-04-15 | 2022-01-25 | Completed | 33.33% | $135.12 | $138.54 | 2.53% | Stop |
| 2021-12-30 | 2022-01-18 | Completed | 33.33% | $160.42 | $149.67 | -6.70% | Signal |
| 2021-12-07 | 2021-12-30 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income |
| 2021-10-20 | 2021-12-07 | Completed | 33.33% | $150.06 | $156.95 | 4.59% | Signal |
| 2021-11-02 | 2021-11-17 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2021-10-26 | 2021-11-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income |
| 2021-04-22 | 2021-10-26 | Completed | 33.33% | $135.01 | $151.79 | 12.43% | Signal |
| 2021-09-23 | 2021-10-20 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2021-06-01 | 2021-09-23 | Completed | 33.33% | $133.54 | $147.99 | 10.82% | Signal |
| 2021-05-07 | 2021-06-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.12% | Interest Income |
| 2021-04-15 | 2021-05-07 | Completed | 33.33% | $135.12 | $133.25 | -1.38% | Signal |
| 2021-04-13 | 2021-04-22 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2021-04-13 | 2021-04-15 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2021-04-13 | 2021-04-15 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |