Data as of Oct 28, 2026.

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PQOC vs QQQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, PQOC returned +12.1% to QQQ's +15.2%, and QQQ charges 0.18% to PQOC's 0.50%.

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Net assets: $30m on Oct 28, 2026 for PGIM Nasdaq-100 Buffer 12 ETF - October, and $483.0bn on Oct 27, 2026 for Invesco QQQ Trust, Series 1.

At a glance
+12.1%
PQOC total return, 1 year
+15.2%
QQQ total return, 1 year
0.50%
PQOC expense ratio
0.18%
QQQ expense ratio

Pair scorecard

QQQ costs 0.32 points a year less; their one-year returns differ by 3.1 points; QQQ is far larger, $483.0bn against $29m.

PQOC vs QQQ: Differences, Returns & Fees
MeasurePQOCQQQ
Return
Total return, 1 year+12.1%+15.2%
Drawdown
Below its high4.5%, high on Oct 6, 2026
Benchmark
What it tracksQQQNasdaq-100 Index
The outcome period
Room to the cap22.0%
Buffer left, in index points10.1% of 12.0%
Days left in the period337
Period endsSep 30, 2027
Cost and size
Expense ratio0.50%0.18%
Net assets, as of Oct 27, 2026$29m$483.0bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight96%
Top ten holdings, share of the fund46.7%

Method

Side by side

PQOC PGIM Nasdaq-100 Buffer 12 ETF - October QQQ Invesco QQQ Trust, Series 1
Where it sits Buffer ETF Stock ETF
Issuer PGIM Invesco
What it is Defined outcome, 12% on QQQ Tracks the Nasdaq-100
Total return, 1 year +12.1% +15.2%
Its benchmark over the same days +14.6% (QQQ) +15.2% (QQQM)
Gap to its benchmark −2.5 pts vs QQQ 0.0 pts vs QQQM
Expense ratio 0.50% 0.18%
Holdings not read by ETFIQ 103
Net assets, PQOC as of Oct 28, 2026 and QQQ as of Oct 27, 2026 $30m $483.0bn

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

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About each fund
PQOC

From its price on Oct 28, 2026, the fund can gain about 22.0% more before it reaches its cap. Protection left, in index points: 10.1% of the 12.0% buffer still sits below today's QQQ level. 337 days remained on Oct 28, 2026. On Sep 30, 2027 the period ends and a new cap is set.

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

Are PQOC and QQQ in the same category?
PQOC is a buffer ETF and QQQ 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, PQOC or QQQ?
In the year to Oct 28, 2026, with distributions reinvested, PQOC returned +12.1% and QQQ +15.2%.
Which is cheaper, PQOC or QQQ?
QQQ is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, PQOC against QQQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/pqoc-vs-qqq

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