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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 SPMO: how they differ

QQQM and SPMO hold 41% of their weight in the same names, and SPMO returned more over the year.

Invesco NASDAQ 100 ETF and Invesco S&P 500 Momentum ETF.

What they hold in common

By the books each fund has filed, QQQM and SPMO hold 41% of their money in the same securities at the same weight.

Positions QQQM and SPMO both hold, largest shared weight first
HoldingQQQMSPMO
NVIDIA Corp8.52%8.93%
Micron Technology Inc4.90%11.01%
Advanced Micro Devices Inc3.65%4.12%
Alphabet Inc3.12%4.29%
Alphabet Inc2.90%3.42%
Broadcom Inc2.75%6.24%
Intel Corp2.24%2.63%
Cisco Systems Inc1.88%1.84%
Lam Research Corp1.66%3.38%
Applied Materials Inc1.60%1.82%
Palantir Technologies Inc1.69%1.50%
Sandisk Corp1.11%2.51%
Largest positions each one holds and the other does not
Only in QQQMOnly in SPMO
Apple Inc 7.72%Johnson & Johnson 4.64%
Microsoft Corp 5.89%ExxonMobil Holdings Corp 3.22%
Amazon.com Inc 4.36%Caterpillar Inc 2.44%
Meta Platforms Inc 3.07%General Electric Co 1.67%
Tesla Inc 2.92%RTX Corp 1.57%
Walmart Inc 2.29%Goldman Sachs Group Inc/The 1.45%
Costco Wholesale Corp 1.78%Amphenol Corp 1.43%
Netflix Inc 1.42%Philip Morris International Inc 1.41%

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 SPMO on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
QQQM
Invesco NASDAQ 100 ETF
SPMO
Invesco S&P 500 Momentum ETF
Where it sitsCore index fundCore index fund
IssuerInvescoInvesco
What it isNasdaq-100S&P 500 Momentum
Total return, 1 year+23.0%+24.5%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5.5 pts+7.0 pts
Expense ratio0.15%0.13%
Already in the S&P 50096.7%100.0%
Holdings106101

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.

SPMO in plain words

SPMO is an index equity fund tracking the S&P 500 Momentum. Over the year to Sep 11, 2026 it returned +24.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.13% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 51.9%. It sat 8.3% below its high of Jun 22, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, QQQM or SPMO?
In the year to Sep 13, 2026, with distributions reinvested, QQQM returned +23.0% and SPMO returned +24.5%, so SPMO returned more. One year is one year; the longer windows are in the table.
Which is cheaper, QQQM or SPMO?
QQQM charges 0.15% a year and SPMO charges 0.13%, so SPMO is cheaper. Fees come from each fund's prospectus.
How much do QQQM and SPMO overlap with the S&P 500?
By their latest filed holdings, 97% of QQQM and 100% of SPMO by weight is stocks the S&P 500 already holds. Between the two funds, 41% 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 SPMO, 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 SPMO, data as of Sep 13, 2026. https://etfiq.com/compare/any/qqqm-vs-spmo Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources