Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
QQQM vs QTUM: how they differ
Over the year QTUM returned more, +50.4% against +23.0%, and QQQM charges 0.15% against 0.40%.
Invesco NASDAQ 100 ETF and Defiance Quantum ETF.
What they hold in common
By the books each fund has filed, QQQM and QTUM hold 22% of their money in the same securities at the same weight.
| Holding | QQQM | QTUM |
|---|---|---|
| Palantir Technologies Inc. | 1.58% | 1.53% |
| Microsoft Corp. | 5.32% | 1.48% |
| Advanced Micro Devices, Inc. | 3.70% | 1.36% |
| Micron Technology, Inc. | 4.80% | 1.30% |
| NVIDIA Corp. | 8.16% | 1.30% |
| Amazon.com, Inc. | 4.62% | 1.28% |
| Broadcom Inc. | 3.37% | 1.16% |
| Intel Corp. | 2.52% | 1.14% |
| Alphabet Inc. | 3.52% | 1.13% |
| QUALCOMM Inc. | 1.18% | 1.13% |
| Texas Instruments Inc. | 1.22% | 1.13% |
| Cisco Systems, Inc. | 2.09% | 1.12% |
| Only in QQQM | Only in QTUM |
|---|---|
| Apple Inc. 7.29% | Arqit Quantum Inc 1.82% |
| Tesla, Inc. 3.46% | Global Unichip Corp 1.82% |
| Alphabet Inc. 3.26% | Horizon Quantum Holdings Ltd 1.81% |
| Meta Platforms, Inc. 2.97% | Cloudflare Inc 1.66% |
| Walmart Inc. 2.48% | Elastic Nv 1.63% |
| Costco Wholesale Corp. 1.86% | Snowflake Inc 1.63% |
| Netflix, Inc. 1.59% | Hewlett Packard Enterprise Co 1.62% |
| Sandisk Corp. 1.10% | Nutanix Inc 1.58% |
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 May 31, 2026 and Sep 14, 2026.
| QQQM Invesco NASDAQ 100 ETF | QTUM Defiance Quantum ETF | |
|---|---|---|
| Where it sits | Core index fund | Thematic ETF |
| Issuer | Invesco | Defiance |
| What it is | Nasdaq-100 | Quantum computing |
| Total return, 1 year | +23.0% | +50.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +32.9 pts |
| Expense ratio | 0.15% | 0.40% |
| Already in the S&P 500 | 96.7% | 34.8% |
| Holdings | 101 | 89 |
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.
QTUM in plain words
By weight, 35% of QTUM's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 83%. The top ten holdings are 17% of the fund across 89 positions, as published by its issuer for Sep 14, 2026. Over the year to Sep 11, 2026 the fund returned +50.4% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 32.9 pts. It sits 12.5% below its all-time high of Jun 2, 2026.
Questions people ask
- Which returned more over the last year, QQQM or QTUM?
- In the year to Sep 12, 2026, with distributions reinvested, QQQM returned +23.0% and QTUM returned +50.4%, so QTUM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQM or QTUM?
- QQQM charges 0.15% a year and QTUM charges 0.40%, so QQQM is cheaper. Fees come from each fund's prospectus.
- How much do QQQM and QTUM overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQM and 35% of QTUM by weight is stocks the S&P 500 already holds. Between the two funds, 22% of their books are the same securities at the same weight.
- Are QQQM and QTUM the same kind of fund?
- No. QQQM is an index ETF and QTUM is a thematic ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
Other comparisons
Where to next
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, QQQM against QTUM, data as of Sep 12, 2026. https://etfiq.com/compare/any/QQQM-QTUM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources