QQQ
Invesco QQQ Trust Series 1
TREND FOLLOWING PERFORMANCE HISTORY
2026-06-12
Executive Summary
The quantitative backtest for QQQ (Invesco QQQ Trust Series 1) using the Excess Return SMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -29.1% (compared to the benchmark's drawdown of -60.7%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 15.3%, compared to a Buy-and-Hold benchmark return of 12.0%. The strategy executed 20 total trades.
* Excess Return SMA: Advanced Single Moving Average model utilizing custom duration weighting and dynamic Stop Loss limits.
* Excess Return SMA: Advanced Single Moving Average model utilizing custom duration weighting and dynamic Stop Loss limits.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA Active
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
🎯 Investment Objective
🛡️ Long-Term Investing Active
Ideal for wealth preservation and multi-year horizons. Optimized for low turnover and tax efficiency.
⚔️ Tactical Trading
Ideal for active capital rotation and momentum-first accounts. Optimized for high sensitivity to price shifts.
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QQQ Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 35.85% | 35.85% | 17.59% | 16.65% | 24.18% | 21.78% | 15.35% | 11.99% |
| Sharpe Ratio | 1.79 | 1.79 | 0.87 | 0.69 | 1.15 | 0.88 | 0.82 | 0.47 |
| Max Drawdown | -11.96% | -11.96% | -27.50% | -35.12% | -27.50% | -35.12% | -29.15% | -60.71% |
| % Time Invested | 100.0% | 100.0% | 89.0% | 100.0% | 93.2% | 100.0% | 82.6% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 1.0 | 0.0 | 0.7 | 0.0 | 0.8 | 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 |
|---|---|---|---|---|---|---|---|
| 2025-04-24 | Open | Open | 100% | $454.28 | $721.34 | 58.79% | Mark-to-Market |
| 2025-04-01 | 2025-04-24 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income |
| 2024-08-28 | 2025-04-01 | Completed | 100% | $471.86 | $465.05 | -1.44% | Stop |
| 2024-08-06 | 2024-08-28 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.33% | Interest Income |
| 2023-01-18 | 2024-08-06 | Completed | 100% | $277.75 | $433.17 | 55.96% | Stop |
| 2022-10-24 | 2023-01-18 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.99% | Interest Income |
| 2022-10-17 | 2022-10-24 | Completed | 100% | $261.16 | $269.82 | 3.32% | Signal |
| 2022-09-23 | 2022-10-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.22% | Interest Income |
| 2022-05-20 | 2022-09-23 | Completed | 100% | $285.83 | $271.64 | -4.96% | Stop |
| 2022-04-28 | 2022-05-20 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.06% | Interest Income |
| 2022-02-16 | 2022-04-28 | Completed | 100% | $344.58 | $313.83 | -8.92% | Stop |
| 2022-01-25 | 2022-02-16 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2020-03-24 | 2022-01-25 | Completed | 100% | $173.75 | $337.61 | 94.31% | Stop |
| 2020-03-02 | 2020-03-24 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2018-12-17 | 2020-03-02 | Completed | 100% | $152.87 | $201.30 | 31.68% | Stop |
| 2018-11-21 | 2018-12-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.15% | Interest Income |
| 2016-02-12 | 2018-11-21 | Completed | 100% | $90.70 | $153.79 | 69.55% | Stop |
| 2016-01-21 | 2016-02-12 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2015-09-17 | 2016-01-21 | Completed | 100% | $98.83 | $93.99 | -4.90% | Stop |
| 2015-08-25 | 2015-09-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2011-08-31 | 2015-08-25 | Completed | 100% | $48.62 | $94.30 | 93.94% | Stop |
| 2011-08-09 | 2011-08-31 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2010-06-01 | 2011-08-09 | Completed | 100% | $39.47 | $45.15 | 14.38% | Stop |
| 2010-05-07 | 2010-06-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income |
| 2009-07-17 | 2010-05-07 | Completed | 100% | $32.33 | $40.16 | 24.21% | Stop |
| 2008-10-08 | 2009-07-17 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.17% | Interest Income |
| 2008-09-30 | 2008-10-08 | Completed | 100% | $32.51 | $27.54 | -15.30% | Stop |
| 2008-09-08 | 2008-09-30 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.06% | Interest Income |
| 2008-02-04 | 2008-09-08 | Completed | 100% | $39.20 | $37.92 | -3.28% | Stop |
| 2008-01-10 | 2008-02-04 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.16% | Interest Income |
| 2007-05-31 | 2008-01-10 | Completed | 100% | $40.60 | $40.79 | 0.47% | Stop |
| 2007-04-16 | 2007-05-31 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.61% | Interest Income |
| 2006-08-07 | 2007-04-16 | Completed | 100% | $31.59 | $38.47 | 21.75% | Signal |
| 2006-07-14 | 2006-08-07 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.32% | Interest Income |
| 2004-08-31 | 2006-07-14 | Completed | 100% | $28.71 | $31.07 | 8.23% | Stop |
| 2004-08-09 | 2004-08-31 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.09% | Interest Income |
| 2003-08-20 | 2004-08-09 | Completed | 100% | $27.08 | $27.69 | 2.25% | Stop |
| 2001-05-18 | 2003-08-20 | Interest (CASH) | 100% | $1.00 | $1.04 | 4.05% | Interest Income |
| 2001-04-04 | 2001-05-18 | Completed | 100% | $29.28 | $40.19 | 37.25% | Signal |
| 2001-03-13 | 2001-04-04 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.27% | Interest Income |
| 2001-03-02 | 2001-03-13 | Completed | 100% | $39.82 | $36.09 | -9.36% | Stop |
| 2001-02-28 | 2001-03-02 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income |