Performance of the QQQ ETF Lastly, let's look at the return on $1,000 invested in the QQQ ETF at its March 2000 peak. When adjusted for inflation, the real month-over-month changes for each index become 1.7% for the Dow, 0.7% for the S&P 500, and 0.8% for the Nasdaq. Yes, markets do bounce back, but often in time frames that defy optimistic expectations.