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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

IWO vs QQQM: how they differ

IWO and QQQM hold 0% of their weight in the same names, and QQQM returned more over the year.

iShares Russell 2000 Growth ETF and Invesco NASDAQ 100 ETF.

What they hold in common

By the books each fund has filed, IWO and QQQM hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in IWOOnly in QQQM
MOOG INC CLASS A 0.69%NVIDIA Corp 8.52%
GLAUKOS 0.65%Apple Inc 7.72%
JFROG 0.64%Microsoft Corp 5.89%
BRIGHTSPRING HEALTH SERVICES INC 0.62%Micron Technology Inc 4.90%
FIRSTCASH HOLDINGS INC 0.62%Amazon.com Inc 4.36%
BRINKER INTERNATIONAL INC 0.61%Advanced Micro Devices Inc 3.65%
INTERDIGITAL INC 0.60%Alphabet Inc 3.12%
KRYSTAL BIOTECH 0.59%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.

IWO and QQQM on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
IWO
iShares Russell 2000 Growth ETF
QQQM
Invesco NASDAQ 100 ETF
Where it sitsCore index fundCore index fund
IssueriSharesInvesco
What it isRussell 2000 GrowthNasdaq-100
Total return, 1 year+17.0%+23.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−0.5 pts+5.5 pts
Expense ratio0.24%0.15%
Already in the S&P 5000.0%96.7%
Holdings970106

IWO in plain words

IWO is an index equity fund tracking the Russell 2000 Growth. Over the year to Sep 11, 2026 it returned +17.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.24% 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 970 positions, with the top ten at 6.2%. It sat 7.1% below its high of Aug 14, 2026 on Sep 11, 2026.

QQQM in plain words

QQQM 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 0.15% 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 106 positions, with the top ten at 47.1%. 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, IWO or QQQM?
In the year to Sep 13, 2026, with distributions reinvested, IWO returned +17.0% and QQQM returned +23.0%, so QQQM returned more. One year is one year; the longer windows are in the table.
Which is cheaper, IWO or QQQM?
IWO charges 0.24% a year and QQQM charges 0.15%, so QQQM is cheaper. Fees come from each fund's prospectus.
How much do IWO and QQQM overlap with the S&P 500?
By their latest filed holdings, 0% of IWO and 97% of QQQM 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.

IWO against QQQM, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IWO against QQQM, data as of Sep 13, 2026. https://etfiq.com/compare/any/iwo-vs-qqqm Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources