Data as of Oct 28, 2026.
KWEB vs QQQM: Differences, Returns & Fees
Over the year to Oct 28, 2026, KWEB returned −40.6% to QQQM's +15.2%, and QQQM charges 0.15% to KWEB's 0.69%.
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Net assets: $4.3bn on Oct 28, 2026 for KraneShares CSI China Internet ETF, and $110.4bn on Oct 27, 2026 for Invesco NASDAQ 100 ETF.
Pair scorecard
QQQM costs 0.54 points a year less; their one-year returns differ by 55.8 points; QQQM is far larger, $110.4bn against $4.3bn.
| Measure | KWEB | QQQM |
|---|---|---|
| Return | ||
| Total return, 1 year | −40.6% | +15.2% |
| Drawdown | ||
| Below its all-time high | 73.4%, high on Feb 17, 2021 | |
| Below its high | 4.5%, high on Oct 6, 2026 | |
| Benchmark | ||
| What it tracks | Internet and e-commerce | Nasdaq-100 Index |
| Cost and size | ||
| Expense ratio | 0.69% | 0.15% |
| Net assets, as of Oct 27, 2026 | $4.3bn | $110.4bn |
| Active share vs the S&P 500 | 100% | |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 62% | 46.7% |
Holdings in common uses holdings dated Oct 27, 2026 and Oct 28, 2026. Method
What they share
By the books each fund has filed, KWEB and QQQM hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026 and Oct 28, 2026.
half
0% in common
Only in one fund ↓
Side by side
KWEB and QQQM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
KWEB
By weight, 0% of KWEB's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 62% of the fund across 45 positions, as published by its issuer for Oct 28, 2026. Over the year to Oct 28, 2026 the fund returned −40.6% with distributions reinvested. It sits 73.4% below its all-time high of Feb 17, 2021.
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
- Are KWEB and QQQM in the same category?
- KWEB is a thematic ETF and QQQM 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, KWEB or QQQM?
- In the year to Oct 28, 2026, with distributions reinvested, KWEB returned −40.6% and QQQM +15.2%.
- Which is cheaper, KWEB or QQQM?
- QQQM is cheaper, by 0.54 percentage points a year. That is about $54 on $10,000 held for a year. Fees come from each fund's prospectus.
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.
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ETFIQ, KWEB against QQQM, data as of Oct 28, 2026. https://etfiq.com/compare/any/kweb-vs-qqqm
ETFIQ. (Oct 28, 2026). KWEB against QQQM. Retrieved from https://etfiq.com/compare/any/kweb-vs-qqqm
[KWEB against QQQM (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/kweb-vs-qqqm)
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