Are IGV and QQQ in the same category?

IGV is a thematic ETF and QQQ is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which returned more over the last year, IGV or QQQ?

In the year to Oct 28, 2026, with distributions reinvested, IGV returned −4.1% and QQQ +15.2%.

Which is cheaper, IGV or QQQ?

QQQ is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do IGV and QQQ overlap with the S&P 500?

By their latest filed holdings, 80% of IGV and 96% of QQQ by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

IGV vs QQQ: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, IGV returned −4.1% to QQQ's +15.2%, and QQQ charges 0.18% to IGV's 0.38%.

askIQ about this page

askIQ about IGV and QQQ

Net assets on Oct 27, 2026: $14.4bn for iShares Expanded Tech-Software Sector ETF and $483.0bn for Invesco QQQ Trust, Series 1.

IGV on its own →QQQ on its own →

At a glance

−4.1%

IGV total return, 1 year

+15.2%

QQQ total return, 1 year

0.38%

IGV expense ratio

0.18%

QQQ expense ratio

Pair scorecard

QQQ costs 0.20 points a year less; their one-year returns differ by 19.3 points; QQQ is far larger, $483.0bn against $14.4bn.

IGV vs QQQ: Differences, Returns & Fees
Measure	IGV	QQQ
Return
Measure	IGV	QQQ
Total return, 1 year	−4.1%	+15.2%
Drawdown
Measure	IGV	QQQ
Below its high		4.5%, high on Oct 6, 2026
Benchmark
Measure	IGV	QQQ
What it tracks	Cloud and software	Nasdaq-100 Index
Cost and size
Measure	IGV	QQQ
Expense ratio	0.38%	0.18%
Net assets, as of Oct 27, 2026	$14.4bn	$483.0bn
Active share vs the S&P 500	92%
Holdings
Measure	IGV	QQQ
Holdings in common	15%
Top ten holdings, share of the fund	61%	46.7%

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

Risk and return

Jul 20, 2001 to Oct 23, 2026 · 1,318 weekly returns

IGV QQQ

Return

Total return edge QQQ +1,125.3% +1,906.6%

Annualized edge QQQ +10.4% +12.6%

Price return edge QQQ +1,073.5% +1,591.2%

Risk

Volatility edge QQQ 24.7% 21.3%

Max drawdown edge QQQ −59.5% −52.9%

Risk-adjusted

Sharpe edge QQQ 0.45 0.58

Sortino edge QQQ 0.65 0.84

Calmar edge QQQ 0.17 0.24

Reading

QQQ returned more: +1,906.6% to +1,125.3%. QQQ swung less: 21.3% to 24.7%. QQQ fell less at its worst: −52.9% to −59.5%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: IGV vs QQQ: Differences, Returns & Fees
Measure	IGV	QQQ	Edge	How it is measured
Return
Total return	+1,125.3%	+1,906.6%	QQQ	Price change plus distributions, reinvested.
Annualized	+10.4%	+12.6%	QQQ	Total return as a yearly rate.
Price return	+1,073.5%	+1,591.2%	QQQ	Price change alone, distributions left out.
Risk
Volatility	24.7%	21.3%	QQQ	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	17.1%	14.7%	QQQ	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−59.5%	−52.9%	QQQ	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.45	0.58	QQQ	Return above Treasury bills per unit of volatility.
Sortino	0.65	0.84	QQQ	Return above Treasury bills per unit of downside deviation.
Calmar	0.17	0.24	QQQ	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,318 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

15%

By the books each fund has filed, IGV and QQQ hold 15% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

15% in common

Positions both hold · largest shared weight first IGV QQQ

MICROSOFT 8.39% 6.14%

PALANTIR TECHNOLOGIES CLASS A 9.10% 1.96%

PALO ALTO NETWORKS 9.30% 1.41%

CROWDSTRIKE HOLDINGS CLASS A 8.55% 1.18%

FORTINET 3.76% 0.58%

ADOBE INC 3.26% 0.42%

CADENCE DESIGN SYSTEMS 3.12% 0.41%

DATADOG INC CLASS A 3.10% 0.40%

SYNOPSYS 3.00% 0.39%

INTUIT 2.96% 0.39%

APPLOVIN CLASS A 2.35% 0.34%

STRATEGY INC CLASS A 1.70% 0.22%

Only in one fund ↓

Only in IGV

ORACLE 6.27%

SERVICENOW 4.85%

SALESFORCE 4.05%

ATLASSIAN CORP CLASS A 1.15%

ZSCALER 0.90%

ZOOM COMMUNICATIONS CLASS A 0.85%

RUBRIK CLASS A 0.72%

PTC 0.70%

Only in QQQ

NVIDIA Corp 8.17%

Apple Inc 7.88%

Micron Technology Inc 4.50%

Amazon.com Inc 4.25%

Advanced Micro Devices Inc 3.93%

Tesla Inc 3.33%

Alphabet Inc 2.92%

Meta Platforms Inc 2.87%

Check overlap with more funds →

Side by side

IGV iShares Expanded Tech-Software Sector ETF QQQ Invesco QQQ Trust, Series 1

Where it sits Thematic ETF Stock ETF

Issuer iShares Invesco

What it is Cloud and software Tracks the Nasdaq-100

Total return, 1 year −4.1% +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 0.38% 0.18%

Already in the S&P 500 80.3% 95.7%

Holdings 108 103

Net assets, as of Oct 27, 2026 $14.4bn $483.0bn

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

Client brief · page 1 of 2 Report BR-AF059F06A0

IGV and QQQ do different jobs. What does each one do in a portfolio?

What each follows. IGV follows Cloud and software and QQQ follows Nasdaq-100 Index.
Holdings in common. 15% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 IGV returned −4.1% and QQQ +15.2% with distributions reinvested, a gap of 19.3 points.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

IGV

By weight, 80% of IGV's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 61% of the fund across 108 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned −4.1% with distributions reinvested.

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

Are IGV and QQQ in the same category?: IGV is a thematic ETF and QQQ is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, IGV or QQQ?: In the year to Oct 28, 2026, with distributions reinvested, IGV returned −4.1% and QQQ +15.2%.
Which is cheaper, IGV or QQQ?: QQQ is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IGV and QQQ overlap with the S&P 500?: By their latest filed holdings, 80% of IGV and 96% of QQQ by weight is stocks the S&P 500 already holds.

Other comparisons

IGV vs QQQM IGV vs SCHG IGV vs VUG IGV vs IVV QQQ vs SOXX BOTZ vs QQQ NLR vs QQQ QQQ vs SMH

Where to next

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

Sources and dates

IGV filings on SEC EDGAR ↗

IGV prospectus with the expense ratio (SEC) ↗

iShares page for IGV ↗

QQQ filings on SEC EDGAR ↗

QQQ prospectus with the expense ratio (SEC) ↗

Invesco page for QQQ ↗

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, IGV against QQQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/igv-vs-qqq

Open data →

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