What if you invested $1,000 in Nasdaq 100 (QQQ) in 2020? (Inflation-Adjusted)

QQQ · Index · Adjusted to 2026 dollars using BLS CPI-U data

View nominal (non-adjusted) version

A $1,000 investment in Nasdaq 100 (QQQ) in 2020 grew to $2,724 in nominal terms. But 2020 dollars had 25% more purchasing power than today. After adjusting for cumulative inflation using BLS CPI-U data, the real value of that growth works out to $2,179 in constant 2020 dollars, equivalent to a +13.4% real annualized return.

Nominal final value

$2,724

+172.4% total return

Real value (2020 dollars)

$2,179

+117.9% real total return

Real annualized return

+13.4%

vs. +17.4% nominal annualized

Cumulative CPI-U inflation since 2020: 25% (1 dollar in 2020 = $1.25 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in Nasdaq 100 (QQQ) since 2020, values in constant 2020 dollars

YearNominal ValueReal Value (2020 $)
2020$1,000$1,000
2021$1,444$1,375
2022$1,675$1,460
2023$1,369$1,150
2024$1,951$1,592
2025$2,458$1,967
2026$2,942$2,353

Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2020 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.