Data as of Oct 28, 2026.

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PFF vs QQQM: Differences, Returns & Fees

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Over the year to Oct 28, 2026, PFF returned −4.2% to QQQM's +15.2%; 5% of their weight is in the same names.

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Net assets on Oct 27, 2026: $11.8bn for iShares Preferred and Income Securities ETF and $110.4bn for Invesco NASDAQ 100 ETF.

At a glance
−4.2%
PFF total return, 1 year
+15.2%
QQQM total return, 1 year
0.45%
PFF expense ratio
0.15%
QQQM expense ratio

Pair scorecard

QQQM costs 0.30 points a year less; their one-year returns differ by 19.4 points; QQQM is 9.4 times larger.

PFF vs QQQM: Differences, Returns & Fees
MeasurePFFQQQM
Return
Total return, 1 year−4.2%+15.2%
Drawdown
Below its high7.1%, high on May 8, 20264.5%, high on Oct 6, 2026
Benchmark
What it tracksICE Exchange-Listed Preferred & Hybrid Securities IndexNasdaq-100 Index
Cost and size
Expense ratio0.45%0.15%
Net assets, as of Oct 27, 2026$11.8bn$110.4bn
Holdings
Holdings in common5%
Top ten holdings, share of the fund22.7%46.7%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

5%

By the books each fund has filed, PFF and QQQM hold 5% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

5% in common

Positions both hold · largest shared weight first PFF QQQM
ALPHABET INC 2.31% 2.93%
ALPHABET INC 2.26% 2.72%
STRATEGY INC 3.53% 0.22%
XCEL ENERGY INC 0.38% 0.21%
MICROCHIP TECHNOLOGY INCORPORATED 1.03% 0.19%
T-MOBILE USA INC 0.16% 0.68%
Only in one fund ↓
Only in PFF
BOEING CO 3.11%
HEWLETT PACKARD ENTERPRISE CONV PR 2.36%
SUPER MICRO COMPUTER INC 2.27%
WELLS FARGO & COMPANY SERIES L 2.14%
ORACLE CORPORATION 2.06%
BANK OF AMERICA CORP 1.43%
CITIGROUP CAPITAL XIII 1.22%
KKR & CO INC 1.08%
Only in QQQM
NVIDIA Corp 8.17%
Apple Inc 7.88%
Microsoft Corp 6.14%
Micron Technology Inc 4.50%
Amazon.com Inc 4.25%
Advanced Micro Devices Inc 3.93%
Tesla Inc 3.33%
Meta Platforms Inc 2.87%
Check overlap with more funds →

Side by side

PFF iShares Preferred and Income Securities ETF QQQM Invesco NASDAQ 100 ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Preferred and Income Securities Tracks the Nasdaq-100
Total return, 1 year −4.2% +15.2%
Its benchmark over the same days +13.6% (MLRG) +15.2% (QQQ)
Gap to its benchmark −17.8 pts vs MLRG 0.0 pts vs QQQ
Expense ratio 0.45% 0.15%
Already in the S&P 500 0.0% 95.7%
Holdings 453 105
Net assets, as of Oct 27, 2026 $11.8bn $110.4bn

PFF and QQQM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
PFF

PFF tracks an index of Preferred and Income Securities. Over the year to Oct 28, 2026 it returned −4.2% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.45% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 453 positions, with the top ten at 22.7%. It sat 7.1% below its high of May 8, 2026 on Oct 28, 2026.

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, PFF or QQQM?
In the year to Oct 28, 2026, with distributions reinvested, PFF returned −4.2% and QQQM +15.2%.
Which is cheaper, PFF or QQQM?
QQQM is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do PFF and QQQM overlap with the S&P 500?
By their latest filed holdings, 0% of PFF and 96% of QQQM by weight is stocks the S&P 500 already holds.
Other comparisons
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ETFIQ, PFF against QQQM, data as of Oct 28, 2026. https://etfiq.com/compare/any/pff-vs-qqqm

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