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

In the year to Oct 28, 2026, with distributions reinvested, IAU returned +2.7% and QQQM +15.2%.

Which is cheaper, IAU or QQQM?

QQQM is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

IAU vs QQQM: Differences, Returns & Fees

Share on X Download as PDF

IAU is a commodity fund and QQQM an equity index fund, and over the year to Oct 28, 2026, QQQM returned +15.2% against +2.7%.

askIQ about this page

askIQ about IAU and QQQM

Net assets: $60.1bn on Oct 28, 2026 for iShares Gold Trust, and $110.4bn on Oct 27, 2026 for Invesco NASDAQ 100 ETF.

IAU on its own →QQQM on its own →

At a glance

+2.7%

IAU total return, 1 year

+15.2%

QQQM total return, 1 year

0.25%

IAU expense ratio

0.15%

QQQM expense ratio

Pair scorecard

QQQM costs 0.10 points a year less; their one-year returns differ by 12.5 points; QQQM is 1.8 times larger.

IAU vs QQQM: Differences, Returns & Fees
Measure	IAU	QQQM
Return
Measure	IAU	QQQM
Total return, 1 year	+2.7%	+15.2%
Drawdown
Measure	IAU	QQQM
Below its high	24.6%, high on Jan 29, 2026	4.5%, high on Oct 6, 2026
Benchmark
Measure	IAU	QQQM
What it tracks	Gold	Nasdaq-100 Index
Cost and size
Measure	IAU	QQQM
Expense ratio	0.25%	0.15%
Net assets, as of Oct 27, 2026	$60.3bn	$110.4bn
Holdings
Measure	IAU	QQQM
Holdings in common	not published
In the S&P 500, by weight		96%
Top ten holdings, share of the fund		46.7%

Method

Side by side

IAU iShares Gold Trust QQQM Invesco NASDAQ 100 ETF

Where it sits Commodity ETF Stock ETF

Issuer iShares Invesco

What it is Holds gold Tracks the Nasdaq-100

Total return, 1 year +2.7% +15.2%

Its benchmark over the same days +2.5% (GLD) +15.2% (QQQ)

Gap to its benchmark +0.2 pts vs GLD 0.0 pts vs QQQ

Expense ratio 0.25% 0.15%

Holdings not counted 105

Net assets, IAU as of Oct 28, 2026 and QQQM as of Oct 27, 2026 $60.1bn $110.4bn

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

Alert

About each fund

IAU

Its expense ratio is 0.25% a year, for the three months to Jun 30, 2026, as its 10-Q states.

IAU holds gold. Over the year to Oct 28, 2026 it returned +2.7% with distributions reinvested, against +2.5% for its benchmark, the price of gold. It sat 24.6% below its high of Jan 29, 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, IAU or QQQM?: In the year to Oct 28, 2026, with distributions reinvested, IAU returned +2.7% and QQQM +15.2%.
Which is cheaper, IAU or QQQM?: QQQM is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

IAU vs SPYG IAU vs VONG IAU vs MGK IAU vs VOOG QQQM vs SLV QQQM vs USO QQQM vs SIVR BWET vs QQQM

Where to next

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

Sources and dates

iShares page for IAU ↗

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.

Cite this pageCitation, APA and Markdown

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

Open data →

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