Data as of Oct 28, 2026.
OEF vs QQQM: Differences, Returns & Fees
Over the year to Oct 28, 2026, OEF returned +11.8% to QQQM'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 $110.4bn for Invesco NASDAQ 100 ETF.
Pair scorecard
QQQM costs 0.05 points a year less; their one-year returns differ by 3.4 points; QQQM is 5.4 times larger.
| Measure | OEF | QQQM |
|---|---|---|
| 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% | 0.15% |
| Net assets, as of Oct 27, 2026 | $20.5bn | $110.4bn |
| 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
Oct 23, 2020 to Oct 23, 2026 · 313 weekly returnsQQQM returned slightly more: +157.2% to +153.6%. OEF swung less: 16.7% to 21.0%. OEF fell less at its worst: −25.2% to −35.0%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | OEF | QQQM | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +153.6% | +157.2% | QQQM (slight) | Price change plus distributions, reinvested. |
| Annualized | +16.7% | +17.0% | Tie | Total return as a yearly rate. |
| Price return | +136.4% | +147.9% | QQQM (slight) | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 16.7% | 21.0% | OEF | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.9% | 13.6% | OEF | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −25.2% | −35.0% | OEF | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.81 | 0.70 | OEF | Return above Treasury bills per unit of volatility. |
| Sortino | 1.25 | 1.07 | OEF | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.66 | 0.49 | OEF | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 313 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, OEF and QQQM 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 QQQM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
OEF and QQQM do different jobs. What does each one do in a portfolio?
- What each follows. OEF follows S&P 100 and QQQM follows Nasdaq-100 Index.
- One-year total return. Over 1 year to Oct 28, 2026 OEF returned +11.8% and QQQM +15.2% with distributions reinvested, a gap of 3.4 points.
- Size. OEF has $20.5bn in net assets and QQQM $110.4bn (net assets, as of Oct 27, 2026); QQQM is 5.4 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%.
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
- Which returned more over the last year, OEF or QQQM?
- In the year to Oct 28, 2026, with distributions reinvested, OEF returned +11.8% and QQQM +15.2%.
- Which is cheaper, OEF or QQQM?
- QQQM is cheaper, by 0.05 percentage points a year. That is about $5 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 QQQM, data as of Oct 28, 2026. https://etfiq.com/compare/any/oef-vs-qqqm
ETFIQ. (Oct 28, 2026). OEF against QQQM. Retrieved from https://etfiq.com/compare/any/oef-vs-qqqm
[OEF against QQQM (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/oef-vs-qqqm)
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