Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
IWM vs QQQ: how they differ
IWM and QQQ hold 0% of their weight in the same names, and QQQ returned more over the year.
iShares Russell 2000 ETF and Invesco QQQ Trust.
What they hold in common
By the books each fund has filed, IWM and QQQ hold 0% of their money in the same securities at the same weight.
| Only in IWM | Only in QQQ |
|---|---|
| MOOG INC CLASS A 0.34% | NVIDIA Corp 8.52% |
| UMB FINANCIAL 0.34% | Apple Inc 7.72% |
| CYTOKINETICS 0.32% | Microsoft Corp 5.89% |
| GLAUKOS 0.32% | Micron Technology Inc 4.90% |
| JFROG 0.32% | Amazon.com Inc 4.36% |
| BRIGHTSPRING HEALTH SERVICES INC 0.31% | Advanced Micro Devices Inc 3.65% |
| BRINKER INTERNATIONAL INC 0.31% | Alphabet Inc 3.12% |
| FIRSTCASH HOLDINGS INC 0.31% | Meta Platforms Inc 3.07% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| IWM iShares Russell 2000 ETF | QQQ Invesco QQQ Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | Russell 2000 | Nasdaq-100 |
| Total return, 1 year | +21.2% | +23.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +3.7 pts | +5.5 pts |
| Expense ratio | 0.19% | 0.18% |
| Already in the S&P 500 | 0.0% | 96.7% |
| Holdings | 1749 | 105 |
IWM in plain words
IWM is an index equity fund tracking the Russell 2000. Over the year to Sep 11, 2026 it returned +21.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.19% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1749 positions, with the top ten at 3.2%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
QQQ in plain words
QQQ is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Sep 10, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 47.0%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IWM or QQQ?
- In the year to Sep 13, 2026, with distributions reinvested, IWM returned +21.2% and QQQ returned +23.0%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWM or QQQ?
- IWM charges 0.19% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.
- How much do IWM and QQQ overlap with the S&P 500?
- By their latest filed holdings, 0% of IWM and 97% of QQQ by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, IWM against QQQ, data as of Sep 13, 2026. https://etfiq.com/compare/any/iwm-vs-qqq Free to use with attribution; the underlying files are at Open data.
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