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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

QQQM vs VEU: how they differ

QQQM and VEU hold 0% of their weight in the same names.

Invesco NASDAQ 100 ETF and Vanguard FTSE All-World ex-US Index Fund.

What they hold in common

By the books each fund has filed, QQQM and VEU hold 0% of their money in the same securities at the same weight.

Positions QQQM and VEU both hold, largest shared weight first
HoldingQQQMVEU
Shopify Inc.0.64%0.38%
Largest positions each one holds and the other does not
Only in QQQMOnly in VEU
NVIDIA Corp. 8.16%Samsung Electronics Co Ltd 1.83%
Apple Inc. 7.29%ASML Holding NV 1.45%
Microsoft Corp. 5.32%SK hynix Inc 1.24%
Micron Technology, Inc. 4.80%Tencent Holdings Ltd 0.97%
Amazon.com, Inc. 4.62%HSBC Holdings PLC 0.81%
Advanced Micro Devices, Inc. 3.70%Alibaba Group Holding Ltd 0.76%
Alphabet Inc. 3.52%AstraZeneca PLC 0.73%
Tesla, Inc. 3.46%Novartis AG 0.73%

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.

QQQM and VEU on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
QQQM
Invesco NASDAQ 100 ETF
VEU
Vanguard FTSE All-World ex-US Index Fund
Where it sitsCore index fundCore index fund
IssuerInvescoVanguard
What it isNasdaq-100FTSE All-World ex-US
Total return, 1 year+23.0%+22.9%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5.5 pts+5.4 pts
Expense ratio0.15%0.04%
Already in the S&P 50096.7%0.0%
Holdings1013860

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.

VEU in plain words

VEU is an index equity fund tracking the FTSE All-World ex-US. Over the year to Sep 11, 2026 it returned +22.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3860 positions, with the top ten at 13.6%.

Questions people ask

Which returned more over the last year, QQQM or VEU?
In the year to Sep 12, 2026, with distributions reinvested, QQQM returned +23.0% and VEU returned +22.9%, so QQQM returned more. One year is one year; the longer windows are in the table.
Which is cheaper, QQQM or VEU?
QQQM charges 0.15% a year and VEU charges 0.04%, so VEU is cheaper. Fees come from each fund's prospectus.
How much do QQQM and VEU overlap with the S&P 500?
By their latest filed holdings, 97% of QQQM and 0% of VEU by weight is stocks the S&P 500 already holds. Between the two funds, 0% 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.

QQQM against VEU, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, QQQM against VEU, data as of Sep 12, 2026. https://etfiq.com/compare/any/QQQM-VEU Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources