Which returned more over the last year, BIL or QQQM?

In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and QQQM +15.2%.

Which is cheaper, BIL or QQQM?

BIL is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

BIL vs QQQM: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BIL returned +3.7% to QQQM's +15.2%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $48.7bn for SPDR Bloomberg 1-3 Month T-Bill ETF and $110.4bn for Invesco NASDAQ 100 ETF.

BIL on its own →QQQM on its own →

At a glance

+3.7%

BIL total return, 1 year

+15.2%

QQQM total return, 1 year

0.14%

BIL expense ratio

0.15%

QQQM expense ratio

Pair scorecard

BIL costs 0.01 points a year less; their one-year returns differ by 11.5 points; QQQM is 2.3 times larger.

BIL vs QQQM: Differences, Returns & Fees
Measure	BIL	QQQM
Return
Measure	BIL	QQQM
Total return, 1 year	+3.7%	+15.2%
Drawdown
Measure	BIL	QQQM
Below its high		4.5%, high on Oct 6, 2026
Benchmark
Measure	BIL	QQQM
What it tracks	Bloomberg 1-3 Month U.S. Treasury Bill Index	Nasdaq-100 Index
Cost and size
Measure	BIL	QQQM
Expense ratio	0.14%	0.15%
Net assets, as of Oct 27, 2026	$48.7bn	$110.4bn
Holdings
Measure	BIL	QQQM
Holdings in common	0%
In the S&P 500, by weight		96%
Top ten holdings, share of the fund		46.7%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

By the books each fund has filed, BIL and QQQM hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BIL QQQM

Only in one fund ↓

Only in BIL

TREASURY BILL 12/26 0.00000 7.94%

TREASURY BILL 12/26 0.00000 6.66%

TREASURY BILL 12/26 0.00000 6.46%

TREASURY BILL 12/26 0.00000 6.40%

TREASURY BILL 12/26 0.00000 6.39%

TREASURY BILL 11/26 0.00000 6.26%

TREASURY BILL 12/26 0.00000 6.21%

TREASURY BILL 11/26 0.00000 4.85%

Only in QQQM

NVIDIA Corp 8.17%

Apple Inc 7.88%

Microsoft Corp 6.14%

Micron Technology Inc 4.50%

Amazon.com Inc 4.25%

Advanced Micro Devices Inc 3.93%

Tesla Inc 3.33%

Alphabet Inc 2.93%

Check overlap with more funds →

Side by side

BIL SPDR Bloomberg 1-3 Month T-Bill ETF QQQM Invesco NASDAQ 100 ETF

Where it sits Bond ETF Stock ETF

Issuer State Street Invesco

What it is Tracks an index of 1-3 month T-bills Tracks the Nasdaq-100

Total return, 1 year +3.7% +15.2%

Its benchmark over the same days not measured +15.2% (QQQ)

Gap to its benchmark not measured 0.0 pts vs QQQ

Expense ratio 0.14% 0.15%

Holdings 26 105

Net assets, as of Oct 27, 2026 $48.7bn $110.4bn

BIL and QQQM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

BIL

BIL tracks an index of 1-3 month T-bills. Over the year to Oct 28, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.14% a year.

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, BIL or QQQM?: In the year to Oct 28, 2026, with distributions reinvested, BIL returned +3.7% and QQQM +15.2%.
Which is cheaper, BIL or QQQM?: BIL is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BIL vs QQQ BIL vs SPYG BIL vs VONG BIL vs MGK QQQM vs SHV PULS vs QQQM QQQM vs USFR MINT vs QQQM

Where to next

BIL on its own →QQQM on its own →Hold both: look the portfolio through →Rankings →BIL dividend history →BIL holdings →QQQM dividend history →QQQM holdings →Standards and sources →

Sources and dates

BIL filings on SEC EDGAR ↗

BIL prospectus with the expense ratio (SEC) ↗

State Street website ↗

QQQM filings on SEC EDGAR ↗

QQQM prospectus with the expense ratio (SEC) ↗

Invesco page for QQQM ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, BIL against QQQM, data as of Oct 28, 2026. https://etfiq.com/compare/any/bil-vs-qqqm

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.