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How the Invesco QQQ ETF Could Turn You Into a Millionaire

TheMotleyFool

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How the Invesco QQQ ETF Could Turn You Into a Millionaire: https://g.foolcdn.com/editorial/images/757331/gettyimages-135538001-d773358147f2445688c73d4ac04e9b88.jpeg

Comparing 2022 losses to 2023 gains has truly shown a tale of two years for many stocks and major U.S. stock market indexes. A prime example of this contrast is the Nasdaq-100 index, which was down 33% in 2022 and is up over 46% in 2023, as of Dec. 6.

Despite swings, the Nasdaq-100 has averaged 17.6% annual total returns over the past decade, roughly 5.7 percentage points more than the S 500.