Data as of Oct 28, 2026.
OEF vs QQQ: Differences, Returns & Fees
Over the year to Oct 28, 2026, OEF returned +11.8% to QQQ's +15.2%; 56% of their weight is in the same names.
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Net assets on Oct 27, 2026: $20.5bn for iShares S&P 100 ETF and $483.0bn for Invesco QQQ Trust, Series 1.
Pair scorecard
QQQ costs 0.02 points a year less; their one-year returns differ by 3.4 points; QQQ is far larger, $483.0bn against $20.5bn.
| Measure | OEF | QQQ |
|---|---|---|
| Return | ||
| Total return, 1 year | +11.8% | +15.2% |
| Drawdown | ||
| Below its high | 4.5%, high on Oct 6, 2026 | |
| Benchmark | ||
| What it tracks | S&P 100 | Nasdaq-100 Index |
| Cost and size | ||
| Expense ratio | 0.20% | 0.18% |
| Net assets, as of Oct 27, 2026 | $20.5bn | $483.0bn |
| Holdings | ||
| Holdings in common | 56% | |
| Top ten holdings, share of the fund | 51.6% | 46.7% |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Nov 3, 2000 to Oct 23, 2026 · 1,355 weekly returnsQQQ returned more: +906.2% to +694.9%. OEF swung less: 17.2% to 22.7%. OEF fell less at its worst: −53.5% to −75.5%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | OEF | QQQ | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +694.9% | +906.2% | QQQ | Price change plus distributions, reinvested. |
| Annualized | +8.3% | +9.3% | QQQ | Total return as a yearly rate. |
| Price return | +401.0% | +748.1% | QQQ | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 17.2% | 22.7% | OEF | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.3% | 15.9% | OEF | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −53.5% | −75.5% | OEF | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.45 | 0.43 | OEF (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 0.63 | 0.61 | OEF (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.15 | 0.12 | OEF | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,355 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, OEF and QQQ hold 56% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
56% in common
Only in one fund ↓
Side by side
OEF and QQQ on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
OEF and QQQ do different jobs. What does each one do in a portfolio?
- What each follows. OEF follows S&P 100 and QQQ follows Nasdaq-100 Index.
- One-year total return. Over 1 year to Oct 28, 2026 OEF returned +11.8% and QQQ +15.2% with distributions reinvested, a gap of 3.4 points.
- Size. OEF has $20.5bn in net assets and QQQ $483.0bn (net assets, as of Oct 27, 2026); QQQ is 23.6 times larger.
Data as of Oct 28, 2026.
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OEF
OEF tracks an index. Over the year to Oct 28, 2026 it returned +11.8% with distributions reinvested. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 51.6%.
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
- Which returned more over the last year, OEF or QQQ?
- In the year to Oct 28, 2026, with distributions reinvested, OEF returned +11.8% and QQQ +15.2%.
- Which is cheaper, OEF or QQQ?
- QQQ is cheaper, by 0.02 percentage points a year. That is about $2 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, OEF against QQQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/oef-vs-qqq
ETFIQ. (Oct 28, 2026). OEF against QQQ. Retrieved from https://etfiq.com/compare/any/oef-vs-qqq
[OEF against QQQ (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/oef-vs-qqq)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.