Data as of Oct 28, 2026.
AVEM vs QQQM: Differences, Returns & Fees
Over the year to Oct 28, 2026, AVEM returned +17.9% to QQQM's +15.2%; 0% of their weight is in the same names.
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Net assets on Oct 27, 2026: $27.3bn for Avantis Emerging Markets Equity ETF and $110.4bn for Invesco NASDAQ 100 ETF.
Pair scorecard
QQQM costs 0.18 points a year less; their one-year returns differ by 2.7 points; QQQM is 4.0 times larger.
| Measure | AVEM | QQQM |
|---|---|---|
| Return | ||
| Total return, 1 year | +17.9% | +15.2% |
| Drawdown | ||
| Below its high | 10.2%, high on Jun 22, 2026 | 4.5%, high on Oct 6, 2026 |
| Benchmark | ||
| What it tracks | No index, actively managed | Nasdaq-100 Index |
| Cost and size | ||
| Expense ratio | 0.33% | 0.15% |
| Net assets, as of Oct 27, 2026 | $27.3bn | $110.4bn |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 28.7% | 46.7% |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Oct 23, 2020 to Oct 23, 2026 · 313 weekly returnsQQQM returned more: +157.2% to +90.7%. AVEM swung less: 17.8% to 21.0%. AVEM fell slightly less at its worst: −33.6% to −35.0%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | AVEM | QQQM | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +90.7% | +157.2% | QQQM | Price change plus distributions, reinvested. |
| Annualized | +11.3% | +17.0% | QQQM | Total return as a yearly rate. |
| Price return | +61.8% | +147.9% | QQQM | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 17.8% | 21.0% | AVEM | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.2% | 13.6% | AVEM | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −33.6% | −35.0% | AVEM (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.51 | 0.70 | QQQM | Return above Treasury bills per unit of volatility. |
| Sortino | 0.74 | 1.07 | QQQM | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.34 | 0.49 | QQQM | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 313 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, AVEM and QQQM hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
AVEM and QQQM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
AVEM and QQQM do different jobs. What does each one do in a portfolio?
- What each follows. AVEM follows No index, actively managed and QQQM follows Nasdaq-100 Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 AVEM returned +17.9% and QQQM +15.2% with distributions reinvested, a gap of 2.7 points.
Data as of Oct 28, 2026.
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AVEM
AVEM is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +17.9% with distributions reinvested. The prospectus expense ratio is 0.33% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 4,088 positions, with the top ten at 28.7%. It sat 10.2% below its high of Jun 22, 2026 on Oct 28, 2026.
QQQM
QQQM tracks the Nasdaq-100. Over the year to Oct 28, 2026 it returned +15.2% with distributions reinvested, against +15.2% for its benchmark, the Nasdaq-100 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 46.7%. It sat 4.5% below its high of Oct 6, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, AVEM or QQQM?
- In the year to Oct 28, 2026, with distributions reinvested, AVEM returned +17.9% and QQQM +15.2%.
- Which is cheaper, AVEM or QQQM?
- QQQM is cheaper, by 0.18 percentage points a year. That is about $18 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, AVEM against QQQM, data as of Oct 28, 2026. https://etfiq.com/compare/any/avem-vs-qqqm
ETFIQ. (Oct 28, 2026). AVEM against QQQM. Retrieved from https://etfiq.com/compare/any/avem-vs-qqqm
[AVEM against QQQM (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/avem-vs-qqqm)
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