Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
QQQM vs XOP: how they differ
QQQM and XOP hold 0% of their weight in the same names, and XOP returned more over the year.
Invesco NASDAQ 100 ETF and State Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF.
What they hold in common
By the books each fund has filed, QQQM and XOP hold 0% of their money in the same securities at the same weight.
| Holding | QQQM | XOP |
|---|---|---|
| Diamondback Energy, Inc. | 0.24% | 2.43% |
| Only in QQQM | Only in XOP |
|---|---|
| NVIDIA Corp. 8.16% | Texas Pacific Land Corp 3.17% |
| Apple Inc. 7.29% | PBF Energy Inc 2.91% |
| Microsoft Corp. 5.32% | Delek US Holdings Inc 2.81% |
| Micron Technology, Inc. 4.80% | Expand Energy Corp 2.80% |
| Amazon.com, Inc. 4.62% | CNX Resources Corp 2.78% |
| Advanced Micro Devices, Inc. 3.70% | EQT Corp 2.75% |
| Alphabet Inc. 3.52% | Valero Energy Corp 2.75% |
| Tesla, Inc. 3.46% | Antero Resources Corp 2.68% |
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.
| QQQM Invesco NASDAQ 100 ETF | XOP State Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | Nasdaq-100 | SPDR S&P Oil & Gas Exploration & Production |
| Total return, 1 year | +23.0% | +52.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +34.9 pts |
| Expense ratio | 0.15% | 0.35% |
| Holdings | 101 | 51 |
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.
XOP in plain words
XOP is a commodity fund tracking the SPDR S&P Oil & Gas Exploration & Production. Over the year to Sep 11, 2026 it returned +52.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. It sat 26.8% below its high of Jun 23, 2014 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, QQQM or XOP?
- In the year to Sep 12, 2026, with distributions reinvested, QQQM returned +23.0% and XOP returned +52.4%, so XOP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQM or XOP?
- QQQM charges 0.15% a year and XOP charges 0.35%, so QQQM is cheaper. Fees come from each fund's prospectus.
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 XOP, data as of Sep 12, 2026. https://etfiq.com/compare/any/QQQM-XOP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources