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Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.

QQQ vs QQQM

Invesco QQQ Trust and Invesco NASDAQ 100 ETF.

QQQ and QQQM on the fields both publish, as of Sep 4, 2026. Source: ETFIQ.
QQQ
Invesco QQQ Trust
QQQM
Invesco NASDAQ 100 ETF
Where it sitsCore fundCore fund
IssuerInvescoInvesco
What it isNasdaq-100, book from QQQMNasdaq-100
Total return, 1 year+25.6%+25.7%
S&P 500 over the same days+20.0%+20.0%
Gap to the S&P 500+5.6 pts+5.7 pts
Expense ratio0.18%0.15%
Already in the S&P 50096.7%96.7%
Holdings101101

QQQ in plain words

QQQ is a index equity fund tracking Nasdaq-100, book from QQQM. Over the year to Sep 4, 2026 it returned +25.6% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. The prospectus expense ratio is 0.18% 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 3.5% below its high of Jun 2, 2026 on Sep 4, 2026.

QQQM in plain words

QQQM is a index equity fund tracking Nasdaq-100. Over the year to Sep 4, 2026 it returned +25.7% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% 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 3.5% below its high of Jun 2, 2026 on Sep 4, 2026.

Questions people ask

Which returned more over the last year, QQQ or QQQM?
In the year to Sep 4, 2026, with distributions reinvested, QQQ returned +25.6% and QQQM returned +25.7%, so QQQM returned more. One year is one year; the longer windows are in the table.
Which is cheaper, QQQ or QQQM?
QQQ charges 0.18% a year and QQQM charges 0.15%, so QQQM is cheaper. Fees come from each fund's prospectus.
How much do QQQ and QQQM overlap with the S&P 500?
By their latest filed holdings, 97% of QQQ and 97% of QQQM by weight is stocks the S&P 500 already holds.

Other comparisons

Where to next

Cite this page. ETFIQ, QQQ against QQQM, data as of Sep 4, 2026. https://etfiq.com/compare/any/QQQ-QQQM.html Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. ETFIQ publishes the same fields for every fund and suggests no allocation. Standards and sources