Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
QQQM vs XT: how they differ
Over the year XT returned more, +25.7% against +23.0%, and QQQM charges 0.15% against 0.46%.
Invesco NASDAQ 100 ETF and iShares Future Exponential Technologies ETF.
What they hold in common
By the books each fund has filed, QQQM and XT hold 0% of their money in the same securities at the same weight.
| Only in QQQM | Only in XT |
|---|---|
| NVIDIA Corp. 8.16% | MICROSOFT 4.21% |
| Apple Inc. 7.29% | NVIDIA 4.18% |
| Microsoft Corp. 5.32% | ELI LILLY 3.90% |
| Micron Technology, Inc. 4.80% | TESLA INC 3.55% |
| Amazon.com, Inc. 4.62% | TEXAS INSTRUMENT INC 3.55% |
| Advanced Micro Devices, Inc. 3.70% | JOHNSON & JOHNSON 3.48% |
| Alphabet Inc. 3.52% | ANALOG DEVICES 2.88% |
| Tesla, Inc. 3.46% | AMAZON.COM INC 2.87% |
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 10, 2026.
| QQQM Invesco NASDAQ 100 ETF | XT iShares Future Exponential Technologies ETF | |
|---|---|---|
| Where it sits | Core index fund | Thematic ETF |
| Issuer | Invesco | iShares |
| What it is | Nasdaq-100 | Broad innovation and megatrends |
| Total return, 1 year | +23.0% | +25.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +8.2 pts |
| Expense ratio | 0.15% | 0.46% |
| Already in the S&P 500 | 96.7% | 64.0% |
| Holdings | 101 | 192 |
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.
XT in plain words
By weight, 64% of XT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 34% of the fund across 192 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +25.7% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 8.2 pts.
Questions people ask
- Which returned more over the last year, QQQM or XT?
- In the year to Sep 12, 2026, with distributions reinvested, QQQM returned +23.0% and XT returned +25.7%, so XT returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQM or XT?
- QQQM charges 0.15% a year and XT charges 0.46%, so QQQM is cheaper. Fees come from each fund's prospectus.
- How much do QQQM and XT overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQM and 64% of XT 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.
- Are QQQM and XT the same kind of fund?
- No. QQQM is an index ETF and XT 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 XT, data as of Sep 12, 2026. https://etfiq.com/compare/any/QQQM-XT Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources