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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

QQQM vs RSP: how they differ

QQQM and RSP hold 17% of their weight in the same names, and QQQM returned more over the year.

Invesco NASDAQ 100 ETF and Invesco S&P 500 Equal Weight ETF.

What they hold in common

By the books each fund has filed, QQQM and RSP hold 17% of their money in the same securities at the same weight.

Positions QQQM and RSP both hold, largest shared weight first
HoldingQQQMRSP
DoorDash Inc0.37%0.26%
Regeneron Pharmaceuticals Inc0.36%0.26%
Airbnb Inc0.31%0.25%
Crowdstrike Holdings Inc0.94%0.25%
Palo Alto Networks Inc1.23%0.25%
Palantir Technologies Inc1.69%0.25%
Microsoft Corp5.89%0.24%
Gilead Sciences Inc0.80%0.23%
Constellation Energy Corp0.46%0.23%
Vertex Pharmaceuticals Inc0.58%0.23%
Automatic Data Processing Inc0.47%0.22%
Fortinet Inc0.52%0.22%
Largest positions each one holds and the other does not
Only in QQQMOnly in RSP
Space Exploration Technologies Corp 1.26%Moderna Inc 0.58%
ASML Holding NV 0.69%Veeva Systems Inc 0.31%
Shopify Inc 0.69%Zebra Technologies Corp 0.31%
ARM Holdings PLC 0.48%Marathon Petroleum Corp 0.29%
MercadoLibre Inc 0.43%Valero Energy Corp 0.29%
PDD Holdings Inc 0.23%Charles River Laboratories International 0.28%
Nebius Group NV 0.22%Phillips 66 0.28%
Astera Labs Inc 0.22%Salesforce Inc 0.28%

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.

QQQM and RSP on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
QQQM
Invesco NASDAQ 100 ETF
RSP
Invesco S&P 500 Equal Weight ETF
Where it sitsCore index fundCore index fund
IssuerInvescoInvesco
What it isNasdaq-100S&P 500 equal weight
Total return, 1 year+23.0%+14.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5.5 pts−2.7 pts
Expense ratio0.15%0.20%
Already in the S&P 50096.7%99.1%
Holdings106506

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.

RSP in plain words

RSP is an index equity fund tracking the S&P 500 equal weight. Over the year to Sep 11, 2026 it returned +14.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Sep 10, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 3.2%. It sat 3.5% below its high of Aug 14, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, QQQM or RSP?
In the year to Sep 13, 2026, with distributions reinvested, QQQM returned +23.0% and RSP returned +14.8%, so QQQM returned more. One year is one year; the longer windows are in the table.
Which is cheaper, QQQM or RSP?
QQQM charges 0.15% a year and RSP charges 0.20%, so QQQM is cheaper. Fees come from each fund's prospectus.
How much do QQQM and RSP overlap with the S&P 500?
By their latest filed holdings, 97% of QQQM and 99% of RSP by weight is stocks the S&P 500 already holds. Between the two funds, 17% of their books are the same securities at the same weight.

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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.

QQQM against RSP, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, QQQM against RSP, data as of Sep 13, 2026. https://etfiq.com/compare/any/qqqm-vs-rsp Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources