Data as of Oct 28, 2026.

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QQQM vs TIP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, QQQM returned +15.2% to TIP's −1.0%; 0% 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 $14.6bn for iShares TIPS Bond ETF.

At a glance
+15.2%
QQQM total return, 1 year
−1.0%
TIP total return, 1 year
0.15%
QQQM expense ratio
0.18%
TIP expense ratio

Pair scorecard

QQQM costs 0.03 points a year less; their one-year returns differ by 16.2 points; QQQM is 7.6 times larger.

QQQM vs TIP: Differences, Returns & Fees
MeasureQQQMTIP
Return
Total return, 1 year+15.2%−1.0%
Drawdown
Below its high4.5%, high on Oct 6, 2026
Benchmark
What it tracksNasdaq-100 IndexICE U.S. Treasury Inflation Linked Bond Index
Cost and size
Expense ratio0.15%0.18%
Net assets, as of Oct 27, 2026$110.4bn$14.6bn
Holdings
Holdings in common0%
In the S&P 500, by weight96%
Top ten holdings, share of the fund46.7%

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

What they share

0%

By the books each fund has filed, QQQM and TIP hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first QQQM TIP
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 TIP
TREASURY (CPI) NOTE 4.07%
TREASURY (CPI) NOTE 4.00%
TREASURY (CPI) NOTE 3.99%
TREASURY (CPI) NOTE 3.75%
TREASURY (CPI) NOTE 3.44%
TREASURY (CPI) NOTE 3.38%
TREASURY (CPI) NOTE 3.38%
TREASURY (CPI) NOTE 3.27%
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Side by side

QQQM Invesco NASDAQ 100 ETF TIP iShares TIPS Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks the Nasdaq-100 Tracks an index of TIPS Bond
Total return, 1 year +15.2% −1.0%
Its benchmark over the same days +15.2% (QQQ) −0.8% (VTP)
Gap to its benchmark 0.0 pts vs QQQ −0.2 pts vs VTP
Expense ratio 0.15% 0.18%
Holdings 105 48
Net assets, as of Oct 27, 2026 $110.4bn $14.6bn

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

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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.

TIP

TIP tracks an index of TIPS Bond. Over the year to Oct 28, 2026 it returned −1.0% with distributions reinvested, against −0.8% for its benchmark, the ICE U.S. Treasury Inflation Linked Bond Index. The prospectus expense ratio is 0.18% a year.

Questions people ask

Which returned more over the last year, QQQM or TIP?
In the year to Oct 28, 2026, with distributions reinvested, QQQM returned +15.2% and TIP −1.0%.
Which is cheaper, QQQM or TIP?
QQQM is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, QQQM against TIP, data as of Oct 28, 2026. https://etfiq.com/compare/any/qqqm-vs-tip

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