QQEW vs QQQ: Differences, Returns & Fees
QQEW and QQQ hold 40% of their weight in the same names, and QQQ returned +17.9% over the year. Net assets on Oct 20, 2026: $1.8bn for First Trust Nasdaq-100 Select Equal Weight ETF and $484.7bn for Invesco QQQ Trust, Series 1.
QQQ costs 0.37 points a year less; their one-year returns differ by 8.0 points; QQQ is far larger, $484.7bn against $1.8bn.
| QQEW | QQQ | |
|---|---|---|
| Expense ratio | 0.55% | 0.18% |
| Net assets | $1.8bn | $484.7bn |
| Total return, 1 year | +9.9% | +17.9% |
| What it tracks | Nasdaq-100 Select Equal Weight Index | Nasdaq-100 Index |
| Holdings in common | 40% | |
| Top ten holdings, share of the fund | 23.1% | 47.2% |
| Below its high | 5.8%, high on Aug 13, 2026 | 5.5%, high on Oct 6, 2026 |
Holdings in common uses holdings dated Oct 19, 2026.
QQEW and QQQ are built for the same job. How do they differ in cost, holdings and results?
- What each follows. QQEW follows Nasdaq-100 Select Equal Weight Index and QQQ follows Nasdaq-100 Index.
- Holdings in common. 40% of the weight is in the same securities (holdings dated Oct 19, 2026).
- One-year total return. Over 1 year to Oct 20, 2026 QQEW returned +9.9% and QQQ +17.9% with distributions reinvested, a gap of 8.0 points.
Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.
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What they hold in common
By the books each fund has filed, QQEW and QQQ hold 40% of their money in the same securities at the same weight. Holdings dated Oct 19, 2026.
half
40% in common
On the same fields
QQEW and QQQ on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About QQEW
QQEW tracks an index. Over the year to Oct 20, 2026 it returned +9.9% with distributions reinvested, against +15.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.55% a year. By its holdings published by its issuer for Oct 19, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 50 positions, with the top ten at 23.1%. It sat 5.8% below its high of Aug 13, 2026 on Oct 20, 2026.
About QQQ
QQQ tracks the Nasdaq-100. Over the year to Oct 20, 2026 it returned +17.9% with distributions reinvested, against +18.0% 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 19, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 103 positions, with the top ten at 47.2%. It sat 5.5% below its high of Oct 6, 2026 on Oct 20, 2026.
Questions people ask
- Which returned more over the last year, QQEW or QQQ?
- In the year to Oct 20, 2026, with distributions reinvested, QQEW returned +9.9% and QQQ +17.9%.
- Which is cheaper, QQEW or QQQ?
- QQQ is cheaper, by 0.37 percentage points a year. That is about $37 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. 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.
Cite this pageCitation, APA and Markdown
ETFIQ, QQEW against QQQ, data as of Oct 20, 2026. https://etfiq.com/compare/any/qqew-vs-qqq
ETFIQ. (Oct 20, 2026). QQEW against QQQ. Retrieved from https://etfiq.com/compare/any/qqew-vs-qqq
[QQEW against QQQ (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/qqew-vs-qqq)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.