Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IYW vs QQQM: how they differ
IYW and QQQM hold 59% of their weight in the same names, and IYW returned more over the year.
iShares U.S. Technology ETF and Invesco NASDAQ 100 ETF.
What they hold in common
By the books each fund has filed, IYW and QQQM hold 59% of their money in the same securities at the same weight.
| Holding | IYW | QQQM |
|---|---|---|
| NVIDIA CORPORATION | 16.25% | 8.16% |
| APPLE INC. | 13.65% | 7.29% |
| MICROSOFT CORPORATION | 3.99% | 5.32% |
| ALPHABET INC. | 7.84% | 3.52% |
| ADVANCED MICRO DEVICES, INC. | 3.50% | 3.70% |
| BROADCOM INC. | 3.78% | 3.37% |
| ALPHABET INC. | 6.34% | 3.26% |
| MICRON TECHNOLOGY, INC. | 2.98% | 4.80% |
| META PLATFORMS, INC. | 2.81% | 2.97% |
| INTEL CORPORATION | 2.56% | 2.52% |
| LAM RESEARCH CORPORATION | 1.99% | 1.75% |
| PALANTIR TECHNOLOGIES INC. | 1.86% | 1.58% |
| Only in IYW | Only in QQQM |
|---|---|
| ORACLE CORPORATION 1.67% | Amazon.com, Inc. 4.62% |
| INTERNATIONAL BUSINESS MACHINES CORPORAT 1.32% | Tesla, Inc. 3.46% |
| AMPHENOL CORPORATION 1.10% | Walmart Inc. 2.48% |
| SALESFORCE, INC. 0.99% | Cisco Systems, Inc. 2.09% |
| CORNING INCORPORATED 0.79% | Costco Wholesale Corp. 1.86% |
| VERTIV HOLDINGS CO 0.77% | Netflix, Inc. 1.59% |
| SERVICENOW, INC. 0.57% | Linde PLC 1.01% |
| DELL TECHNOLOGIES INC. 0.40% | T-Mobile US, Inc. 0.91% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
| IYW iShares U.S. Technology ETF | QQQM Invesco NASDAQ 100 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | U.S. Technology | Nasdaq-100 |
| Total return, 1 year | +34.9% | +23.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +17.4 pts | +5.5 pts |
| Expense ratio | 0.37% | 0.15% |
| Already in the S&P 500 | 95.5% | 96.7% |
| Holdings | 139 | 101 |
IYW in plain words
IYW is an index equity fund tracking the U.S. Technology. Over the year to Sep 11, 2026 it returned +34.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 139 positions, with the top ten at 63.7%.
QQQM in plain words
QQQM is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IYW or QQQM?
- In the year to Sep 12, 2026, with distributions reinvested, IYW returned +34.9% and QQQM returned +23.0%, so IYW returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IYW or QQQM?
- IYW charges 0.37% a year and QQQM charges 0.15%, so QQQM is cheaper. Fees come from each fund's prospectus.
- How much do IYW and QQQM overlap with the S&P 500?
- By their latest filed holdings, 96% of IYW and 97% of QQQM by weight is stocks the S&P 500 already holds. Between the two funds, 59% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, IYW against QQQM, data as of Sep 12, 2026. https://etfiq.com/compare/any/IYW-QQQM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources