Data as of Oct 28, 2026.

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QQQM vs SPYD: Differences, Returns & Fees

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Over the year to Oct 28, 2026, QQQM returned +15.2% to SPYD's +15.3%; 2% of their weight is in the same names.

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Net assets on Oct 27, 2026: $110.4bn for Invesco NASDAQ 100 ETF and $7.5bn for State Street SPDR Portfolio S&P 500 High Dividend ETF.

At a glance
+15.2%
QQQM total return, 1 year
+15.3%
SPYD total return, 1 year
0.15%
QQQM expense ratio
0.07%
SPYD expense ratio

Pair scorecard

SPYD costs 0.08 points a year less; their one-year returns differ by 0.1 points; QQQM is 14.7 times larger.

QQQM vs SPYD: Differences, Returns & Fees
MeasureQQQMSPYD
Return
Total return, 1 year+15.2%+15.3%
Drawdown
Below its high4.5%, high on Oct 6, 20264.1%, high on Aug 24, 2026
Benchmark
What it tracksNasdaq-100 IndexS&P 500 High Dividend Index
Cost and size
Expense ratio0.15%0.07%
Net assets, as of Oct 27, 2026$110.4bn$7.5bn
Holdings
Holdings in common2%
Top ten holdings, share of the fund46.7%16.1%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Oct 23, 2020 to Oct 23, 2026 · 313 weekly returns
QQQM SPYD
Return
Total return edge QQQM +157.2% +119.3%
Annualized edge QQQM +17.0% +13.9%
Price return edge QQQM +147.9% +66.2%
Risk
Volatility edge SPYD 21.0% 16.8%
Max drawdown edge SPYD −35.0% −21.4%
Risk-adjusted
Sharpe edge QQQM (slight) 0.70 0.67
Sortino edge QQQM (slight) 1.07 1.00
Calmar edge SPYD 0.49 0.65
Reading

QQQM returned more: +157.2% to +119.3%. SPYD swung less: 16.8% to 21.0%. SPYD fell less at its worst: −21.4% to −35.0%.

Full scorecard

9 measures, with how each is measured
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Risk and return: QQQM vs SPYD: Differences, Returns & Fees
MeasureQQQMSPYDEdgeHow it is measured
Return
Total return+157.2%+119.3%QQQMPrice change plus distributions, reinvested.
Annualized+17.0%+13.9%QQQMTotal return as a yearly rate.
Price return+147.9%+66.2%QQQMPrice change alone, distributions left out.
Risk
Volatility21.0%16.8%SPYDSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.6%11.2%SPYDLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−35.0%−21.4%SPYDDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.700.67QQQM (slight)Return above Treasury bills per unit of volatility.
Sortino1.071.00QQQM (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.490.65SPYDAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 313 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

2%

By the books each fund has filed, QQQM and SPYD hold 2% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

2% in common

Positions both hold · largest shared weight first QQQM SPYD
PepsiCo Inc 0.78% 1.28%
Comcast Corp 0.34% 1.21%
Honeywell International Inc 0.30% 1.22%
Exelon Corp 0.20% 1.24%
Paychex Inc 0.17% 1.28%
Only in one fund ↓
Only in QQQM
NVIDIA Corp 8.17%
Apple Inc 7.88%
Microsoft Corp 6.14%
Micron Technology Inc 4.50%
Amazon.com Inc 4.25%
Advanced Micro Devices Inc 3.93%
Tesla Inc 3.33%
Alphabet Inc 2.93%
Only in SPYD
ACCENTURE PLC CL A 2.18%
HP INC 1.74%
HASBRO INC 1.73%
PFIZER INC 1.56%
CHEVRON CORP 1.54%
MEDTRONIC PLC 1.49%
CROWN CASTLE INC 1.47%
BEST BUY CO INC 1.47%
Check overlap with more funds →

Side by side

QQQM Invesco NASDAQ 100 ETF SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Nasdaq-100 Tracks the S&P 500 High Dividend
Total return, 1 year +15.2% +15.3%
Its benchmark over the same days +15.2% (QQQ) not measured
Gap to its benchmark 0.0 pts vs QQQ not measured
Expense ratio 0.15% 0.07%
Already in the S&P 500 95.7% 99.3%
Holdings 105 79
Net assets, as of Oct 27, 2026 $110.4bn $7.5bn

QQQM and SPYD on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-C3899C7D5D

QQQM and SPYD do different jobs. What does each one do in a portfolio?

  1. What each follows. QQQM follows Nasdaq-100 Index and SPYD follows S&P 500 High Dividend Index.
  2. Holdings in common. 2% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. Size. QQQM has $110.4bn in net assets and SPYD $7.5bn (net assets, as of Oct 27, 2026); QQQM is 14.7 times larger.

Data as of Oct 28, 2026.

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About each fund
QQQM

QQQM tracks the Nasdaq-100. Over the year to Oct 28, 2026 it returned +15.2% with distributions reinvested, against +15.2% for its benchmark, the Nasdaq-100 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 46.7%. It sat 4.5% below its high of Oct 6, 2026 on Oct 28, 2026.

SPYD

SPYD tracks the S&P 500 High Dividend. Over the year to Oct 28, 2026 it returned +15.3% with distributions reinvested. The prospectus expense ratio is 0.07% a year. By its holdings published by its issuer for Oct 27, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 79 positions, with the top ten at 16.1%. It sat 4.1% below its high of Aug 24, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, QQQM or SPYD?
In the year to Oct 28, 2026, with distributions reinvested, QQQM returned +15.2% and SPYD +15.3%.
Which is cheaper, QQQM or SPYD?
SPYD is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do QQQM and SPYD overlap with the S&P 500?
By their latest filed holdings, 96% of QQQM and 99% of SPYD by weight is stocks the S&P 500 already holds.
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ETFIQ, QQQM against SPYD, data as of Oct 28, 2026. https://etfiq.com/compare/any/qqqm-vs-spyd

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