Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
QQQM vs SPHD: how they differ
QQQM and SPHD hold 1% of their weight in the same names, and QQQM returned more over the year.
Invesco NASDAQ 100 ETF and Invesco S&P 500 High Dividend Low Volatility ETF.
What they hold in common
By the books each fund has filed, QQQM and SPHD hold 1% of their money in the same securities at the same weight.
| Holding | QQQM | SPHD |
|---|---|---|
| Comcast Corp. | 0.39% | 1.60% |
| Exelon Corp. | 0.20% | 1.59% |
| Paychex, Inc. | 0.15% | 1.46% |
| Kraft Heinz Co. (The) | 0.12% | 3.03% |
| Only in QQQM | Only in SPHD |
|---|---|
| NVIDIA Corp. 8.16% | Verizon Communications Inc. 3.49% |
| Apple Inc. 7.29% | Altria Group, Inc. 3.45% |
| Microsoft Corp. 5.32% | Healthpeak Properties, Inc. 3.24% |
| Micron Technology, Inc. 4.80% | Pfizer Inc. 2.99% |
| Amazon.com, Inc. 4.62% | Franklin Resources, Inc. 2.82% |
| Advanced Micro Devices, Inc. 3.70% | VICI Properties Inc. 2.68% |
| Alphabet Inc. 3.52% | ONEOK, Inc. 2.66% |
| Tesla, Inc. 3.46% | Kimco Realty Corp. 2.46% |
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.
| QQQM Invesco NASDAQ 100 ETF | SPHD Invesco S&P 500 High Dividend Low Volatility ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Invesco |
| What it is | Nasdaq-100 | S&P 500 High Dividend Low Volatility |
| Total return, 1 year | +23.0% | +8.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | −8.9 pts |
| Expense ratio | 0.15% | 0.30% |
| Already in the S&P 500 | 96.7% | 95.7% |
| Holdings | 101 | 49 |
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.
SPHD in plain words
SPHD is an index equity fund tracking the S&P 500 High Dividend Low Volatility. Over the year to Sep 11, 2026 it returned +8.6% 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 May 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 49 positions, with the top ten at 29.3%. It sat 4.1% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, QQQM or SPHD?
- In the year to Sep 12, 2026, with distributions reinvested, QQQM returned +23.0% and SPHD returned +8.6%, so QQQM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQM or SPHD?
- QQQM charges 0.15% a year and SPHD charges 0.30%, so QQQM is cheaper. Fees come from each fund's prospectus.
- How much do QQQM and SPHD overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQM and 96% of SPHD by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.
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 SPHD, data as of Sep 12, 2026. https://etfiq.com/compare/any/QQQM-SPHD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources