VGT closed at a record $129.80 on Oct. 6 and was around $117 at writing, about 10% lower, after a roughly 4% fall on Friday. The author counts 19 closes at least 10% below a prior record since January 2004; in the 17 cases with a year of follow-up, the fund rose 14 times, with a median gain of around 21%, though these drops did not improve the odds versus its usual 12-month results. The three losing years all followed drops of over 20%, the worst being November 2007, when the fund was about 44% lower a year later. With the Fed holding its rate range at 3.75% to 4% after raising it on Sept. 16, and the fund trading around 33 times earnings, the author would hold rather than sell, but does not see this drop as a bargain yet.
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QQQtech stocksinvestment trustsvaluationinterest rates
Open a keyword to see other news on the same topic.
Related tickers and likely impact
QQQ
• NeutralInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/30/2026 | 690.49 |
| Change that session | -3.47% |
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/30/2026 | 204.81 |
| Change that session | -4.14% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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