Data as of Oct 28, 2026.

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EEM vs QQQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EEM returned +16.3% to QQQ's +15.2%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $29.1bn for iShares MSCI Emerging Markets ETF and $483.0bn for Invesco QQQ Trust, Series 1.

At a glance
+16.3%
EEM total return, 1 year
+15.2%
QQQ total return, 1 year
0.72%
EEM expense ratio
0.18%
QQQ expense ratio

Pair scorecard

QQQ costs 0.54 points a year less; their one-year returns differ by 1.1 points; QQQ is 16.6 times larger.

EEM vs QQQ: Differences, Returns & Fees
MeasureEEMQQQ
Return
Total return, 1 year+16.3%+15.2%
Drawdown
Below its high10.8%, high on Jun 22, 20264.5%, high on Oct 6, 2026
Benchmark
What it tracksMSCI Emerging Markets IndexNasdaq-100 Index
Cost and size
Expense ratio0.72%0.18%
Net assets, as of Oct 27, 2026$29.1bn$483.0bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund37.2%46.7%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EEM QQQ
PDD HOLDINGS ADS 0.36% 0.23%
Only in one fund ↓
Only in EEM
TAIWAN SEMICONDUCTOR MANUFACTURING 15.98%
SAMSUNG ELECTRONICS LTD 6.88%
SK HYNIX 4.91%
TENCENT HOLDINGS 2.64%
ALIBABA GROUP HOLDING 1.82%
MEDIATEK 1.54%
CHINA CONSTRUCTION BANK CORP H 0.94%
SAMSUNG ELECTRONICS NON VOTING PRE 0.91%
Only in QQQ
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 2.92%
Check overlap with more funds →

Side by side

EEM iShares MSCI Emerging Markets ETF QQQ Invesco QQQ Trust, Series 1
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Emerging markets Tracks the Nasdaq-100
Total return, 1 year +16.3% +15.2%
Its benchmark over the same days not measured +15.2% (QQQM)
Gap to its benchmark not measured 0.0 pts vs QQQM
Expense ratio 0.72% 0.18%
Already in the S&P 500 0.0% 95.7%
Holdings 1186 103
Net assets, as of Oct 27, 2026 $29.1bn $483.0bn

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

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About each fund
EEM

EEM tracks an index of Emerging markets. Over the year to Oct 28, 2026 it returned +16.3% with distributions reinvested. The prospectus expense ratio is 0.72% 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 1,186 positions, with the top ten at 37.2%. It sat 10.8% below its high of Jun 22, 2026 on Oct 28, 2026.

QQQ

QQQ 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 0.18% 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 103 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, EEM or QQQ?
In the year to Oct 28, 2026, with distributions reinvested, EEM returned +16.3% and QQQ +15.2%.
Which is cheaper, EEM or QQQ?
QQQ is cheaper, by 0.54 percentage points a year. That is about $54 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EEM and QQQ overlap with the S&P 500?
By their latest filed holdings, 0% of EEM and 96% of QQQ by weight is stocks the S&P 500 already holds.
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ETFIQ, EEM against QQQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/eem-vs-qqq

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