Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MAGS vs QQQM: how they differ
MAGS and QQQM hold 25% of their weight in the same names, and QQQM returned more over the year.
Roundhill Magnificent Seven ETF and Invesco NASDAQ 100 ETF.
What they hold in common
By the books each fund has filed, MAGS and QQQM hold 25% of their money in the same securities at the same weight.
| Holding | MAGS | QQQM |
|---|---|---|
| NVIDIA Corp | 4.15% | 8.16% |
| Apple Inc | 4.12% | 7.29% |
| Amazon.com Inc | 4.11% | 4.62% |
| Microsoft Corp | 3.62% | 5.32% |
| Tesla Inc | 4.07% | 3.46% |
| Meta Platforms Inc | 3.59% | 2.97% |
| Alphabet Inc | 2.89% | 3.52% |
| Only in MAGS | Only in QQQM |
|---|---|
| TREASURY BILL 65.41% | Micron Technology, Inc. 4.80% |
| Roundhill Ultra Short Duration 8.06% | Advanced Micro Devices, Inc. 3.70% |
| Broadcom Inc. 3.37% | |
| Alphabet Inc. 3.26% | |
| Intel Corp. 2.52% | |
| Walmart Inc. 2.48% | |
| Cisco Systems, Inc. 2.09% | |
| Costco Wholesale Corp. 1.86% |
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 Jun 30, 2026 and May 31, 2026.
| MAGS Roundhill Magnificent Seven ETF | QQQM Invesco NASDAQ 100 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Roundhill | Invesco |
| What it is | Magnificent Seven | Nasdaq-100 |
| Total return, 1 year | +14.4% | +23.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −3.1 pts | +5.5 pts |
| Expense ratio | 0.30% | 0.15% |
| Already in the S&P 500 | 26.5% | 96.7% |
| Holdings | 9 | 101 |
MAGS in plain words
MAGS is an index equity fund tracking the Magnificent Seven. Over the year to Sep 11, 2026 it returned +14.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 26% of the fund by weight is stocks the S&P 500 also holds, across 9 positions, with the top ten at 100.0%.
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, MAGS or QQQM?
- In the year to Sep 12, 2026, with distributions reinvested, MAGS returned +14.4% and QQQM returned +23.0%, so QQQM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MAGS or QQQM?
- MAGS charges 0.30% a year and QQQM charges 0.15%, so QQQM is cheaper. Fees come from each fund's prospectus.
- How much do MAGS and QQQM overlap with the S&P 500?
- By their latest filed holdings, 26% of MAGS and 97% of QQQM by weight is stocks the S&P 500 already holds. Between the two funds, 25% 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, MAGS against QQQM, data as of Sep 12, 2026. https://etfiq.com/compare/any/MAGS-QQQM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources