Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
QQQM vs QTUM: how they differ
Over the year QTUM returned more, +50.4% against +23.0%, and QQQM charges 0.15% against 0.40%.
Invesco NASDAQ 100 ETF and Defiance Quantum ETF.
What they hold in common
By the books each fund has filed, QQQM and QTUM hold 23% of their money in the same securities at the same weight.
| Holding | QQQM | QTUM |
|---|---|---|
| Palantir Technologies Inc | 1.69% | 1.53% |
| Microsoft Corp | 5.89% | 1.48% |
| Advanced Micro Devices Inc | 3.65% | 1.36% |
| Micron Technology Inc | 4.90% | 1.30% |
| NVIDIA Corp | 8.52% | 1.30% |
| Amazon.com Inc | 4.36% | 1.28% |
| Broadcom Inc | 2.75% | 1.16% |
| Intel Corp | 2.24% | 1.14% |
| Alphabet Inc | 3.12% | 1.13% |
| Cisco Systems Inc | 1.88% | 1.12% |
| Lam Research Corp | 1.66% | 1.10% |
| Applied Materials Inc | 1.60% | 1.09% |
| Only in QQQM | Only in QTUM |
|---|---|
| Apple Inc 7.72% | Arqit Quantum Inc 1.82% |
| Meta Platforms Inc 3.07% | Global Unichip Corp 1.82% |
| Tesla Inc 2.92% | Horizon Quantum Holdings Ltd 1.81% |
| Alphabet Inc 2.90% | Cloudflare Inc 1.66% |
| Walmart Inc 2.29% | Elastic Nv 1.63% |
| Costco Wholesale Corp 1.78% | Snowflake Inc 1.63% |
| Netflix Inc 1.42% | Hewlett Packard Enterprise Co 1.62% |
| Space Exploration Technologies Corp 1.26% | Nutanix Inc 1.58% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026 and Sep 14, 2026.
| QQQM Invesco NASDAQ 100 ETF | QTUM Defiance Quantum ETF | |
|---|---|---|
| Where it sits | Core index fund | Thematic ETF |
| Issuer | Invesco | Defiance |
| What it is | Nasdaq-100 | Quantum computing |
| Total return, 1 year | +23.0% | +50.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +32.9 pts |
| Expense ratio | 0.15% | 0.40% |
| Already in the S&P 500 | 96.7% | 34.8% |
| Holdings | 106 | 89 |
QQQM in plain words
QQQM is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Sep 10, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 106 positions, with the top ten at 47.1%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
QTUM in plain words
By weight, 35% of QTUM's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 83%. The top ten holdings are 17% of the fund across 89 positions, as published by its issuer for Sep 14, 2026. Over the year to Sep 11, 2026 the fund returned +50.4% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 32.9 pts. It sits 12.5% below its all-time high of Jun 2, 2026.
Questions people ask
- Which returned more over the last year, QQQM or QTUM?
- In the year to Sep 13, 2026, with distributions reinvested, QQQM returned +23.0% and QTUM returned +50.4%, so QTUM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQM or QTUM?
- QQQM charges 0.15% a year and QTUM charges 0.40%, so QQQM is cheaper. Fees come from each fund's prospectus.
- How much do QQQM and QTUM overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQM and 35% of QTUM by weight is stocks the S&P 500 already holds. Between the two funds, 23% of their books are the same securities at the same weight.
- Are QQQM and QTUM the same kind of fund?
- No. QQQM is an index ETF and QTUM is a thematic ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, QQQM against QTUM, data as of Sep 13, 2026. https://etfiq.com/compare/any/qqqm-vs-qtum Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources