Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
QQQM vs SPHD: how they differ
QQQM and SPHD hold 2% of their weight in the same names, and QQQM returned more over the year.
Invesco NASDAQ 100 ETF and Invesco S&P 500 High Dividend Low Volatility ETF.
What they hold in common
By the books each fund has filed, QQQM and SPHD hold 2% of their money in the same securities at the same weight.
| Holding | QQQM | SPHD |
|---|---|---|
| PepsiCo Inc | 0.84% | 1.97% |
| Comcast Corp | 0.40% | 2.62% |
| Honeywell International Inc | 0.28% | 1.66% |
| Exelon Corp | 0.20% | 1.50% |
| Paychex Inc | 0.18% | 2.13% |
| Invesco Government & Agency Portfolio | 0.13% | 0.26% |
| Kraft Heinz Co/The | 0.13% | 2.90% |
| CASH COLLATERAL | 0.01% | 0.03% |
| Only in QQQM | Only in SPHD |
|---|---|
| NVIDIA Corp 8.52% | Verizon Communications Inc 3.39% |
| Apple Inc 7.72% | Pfizer Inc 3.38% |
| Microsoft Corp 5.89% | General Mills Inc 2.96% |
| Micron Technology Inc 4.90% | VICI Properties Inc 2.83% |
| Amazon.com Inc 4.36% | AT&T Inc 2.70% |
| Advanced Micro Devices Inc 3.65% | Altria Group Inc 2.55% |
| Alphabet Inc 3.12% | Crown Castle Inc 2.43% |
| Meta Platforms Inc 3.07% | Healthpeak Properties Inc 2.38% |
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 Invesco NASDAQ 100 ETF | SPHD Invesco S&P 500 High Dividend Low Volatility ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Invesco |
| What it is | Nasdaq-100 | S&P 500 High Dividend Low Volatility |
| Total return, 1 year | +23.0% | +8.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | −8.9 pts |
| Expense ratio | 0.15% | 0.30% |
| Already in the S&P 500 | 96.7% | 95.7% |
| Holdings | 106 | 56 |
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.
SPHD in plain words
SPHD is an index equity fund tracking the S&P 500 High Dividend Low Volatility. Over the year to Sep 11, 2026 it returned +8.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for Sep 10, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 56 positions, with the top ten at 28.1%. It sat 4.1% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, QQQM or SPHD?
- In the year to Sep 13, 2026, with distributions reinvested, QQQM returned +23.0% and SPHD returned +8.6%, so QQQM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQM or SPHD?
- QQQM charges 0.15% a year and SPHD charges 0.30%, so QQQM is cheaper. Fees come from each fund's prospectus.
- How much do QQQM and SPHD overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQM and 96% of SPHD by weight is stocks the S&P 500 already holds. Between the two funds, 2% 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.
Cite this page. ETFIQ, QQQM against SPHD, data as of Sep 13, 2026. https://etfiq.com/compare/any/qqqm-vs-sphd Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources