IUSG vs QQEW: Differences, Returns & Fees

IUSG and QQEW hold 23% of their weight in the same names, and IUSG returned +15.9% over the year. Net assets on Oct 20, 2026: $33.6bn for iShares Core S&P U.S. Growth ETF and $1.8bn for First Trust Nasdaq-100 Select Equal Weight ETF.

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IUSG costs 0.51 points a year less; their one-year returns differ by 6.0 points; IUSG is 18.3 times larger.

IUSG vs QQEW: Differences, Returns & Fees
IUSGQQEW
Expense ratio0.04%0.55%
Net assets$33.6bn$1.8bn
Total return, 1 year+15.9%+9.9%
What it tracksS&P 900 Growth IndexNasdaq-100 Select Equal Weight Index
Holdings in common23%
Top ten holdings, share of the fund57.4%23.1%
Below its high4.1%, high on Oct 6, 20265.8%, high on Aug 13, 2026

Holdings in common uses holdings dated Oct 19, 2026.

+15.9%
IUSG total return, 1 year
+9.9%
QQEW total return, 1 year
0.04%
IUSG expense ratio
0.55%
QQEW expense ratio

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Client brief · page 1 of 2Report BR-7634103502

IUSG and QQEW are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. IUSG follows S&P 900 Growth Index and QQEW follows Nasdaq-100 Select Equal Weight Index.
  2. Holdings in common. 23% of the weight is in the same securities (holdings dated Oct 19, 2026).
  3. One-year total return. Over 1 year to Oct 20, 2026 IUSG returned +15.9% and QQEW +9.9% with distributions reinvested, a gap of 6.0 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, IUSG and QQEW hold 23% of their money in the same securities at the same weight. Holdings dated Oct 19, 2026.

half

23% in common

Positions both hold, largest shared weight first
Holding IUSG QQEW
META PLATFORMS CLASS A 4.08% 2.55%
ADVANCED MICRO DEVICES 2.31% 2.37%
APPLE 6.57% 2.24%
MICROSOFT 10.40% 2.18%
NVIDIA 13.79% 2.04%
MICRON TECHNOLOGY 2.68% 1.95%
BROADCOM INC 4.18% 1.87%
PALANTIR TECHNOLOGIES CLASS A 1.17% 2.16%
LAM RESEARCH 0.89% 1.87%
NETFLIX 0.76% 1.78%
KLA 0.57% 1.96%
SANDISK 0.53% 1.81%
Only in IUSG
ALPHABET CLASS A 5.30%
ALPHABET CLASS C 4.24%
AMAZON.COM INC 3.58%
BERKSHIRE HATHAWAY INC CLASS B 2.60%
ELI LILLY 2.60%
TESLA INC 1.69%
JPMORGAN CHASE & CO 1.58%
VISA CLASS A 0.99%
Only in QQEW
Shopify Inc. (Class A) 2.40%
Analog Devices, Inc. 2.25%
Texas Instruments Incorporated 2.19%
QUALCOMM Incorporated 2.11%
Microchip Technology Incorporated 2.10%
Automatic Data Processing, Inc. 2.08%
Regeneron Pharmaceuticals, Inc. 2.03%
ASML Holding N.V. (New York Registry Shares) 2.01%

Check overlap with more funds →

On the same fields

IUSG
iShares Core S&P U.S. Growth ETF
QQEW
First Trust Nasdaq-100 Select Equal Weight ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index
Total return, 1 year +15.9% +9.9%
Its benchmark over the same days not measured +15.8% (IVV)
Gap to its benchmark not measured −6.0 pts vs IVV
Expense ratio 0.04% 0.55%
Already in the S&P 500 94.9% 90.8%
Holdings 402 50
Net assets $33.6bn $1.8bn

IUSG and QQEW on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About IUSG

IUSG tracks an index. Over the year to Oct 20, 2026 it returned +15.9% with distributions reinvested. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer for Oct 19, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 402 positions, with the top ten at 57.4%. It sat 4.1% below its high of Oct 6, 2026 on Oct 20, 2026.

About QQEW

QQEW tracks an index. Over the year to Oct 20, 2026 it returned +9.9% with distributions reinvested, against +15.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.55% a year. By its holdings published by its issuer for Oct 19, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 50 positions, with the top ten at 23.1%. It sat 5.8% below its high of Aug 13, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, IUSG or QQEW?
In the year to Oct 20, 2026, with distributions reinvested, IUSG returned +15.9% and QQEW +9.9%.
Which is cheaper, IUSG or QQEW?
IUSG is cheaper, by 0.51 percentage points a year. That is about $51 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IUSG and QQEW overlap with the S&P 500?
By their latest filed holdings, 95% of IUSG and 91% of QQEW by weight is stocks the S&P 500 already holds.
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ETFIQ, IUSG against QQEW, data as of Oct 20, 2026. https://etfiq.com/compare/any/iusg-vs-qqew

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