Data as of Oct 28, 2026.

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QQQM vs VEA: Differences, Returns & Fees

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Over the year to Oct 28, 2026, QQQM returned +15.2% to VEA's +17.1%; 1% of their weight is in the same names.

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Net assets: $110.4bn on Oct 27, 2026 for Invesco NASDAQ 100 ETF, and $231.6bn on Sep 30, 2026 for Vanguard FTSE Developed Markets ETF.

At a glance
+15.2%
QQQM total return, 1 year
+17.1%
VEA total return, 1 year
0.15%
QQQM expense ratio
0.03%
VEA expense ratio

Pair scorecard

VEA costs 0.12 points a year less; their one-year returns differ by 1.9 points.

QQQM vs VEA: Differences, Returns & Fees
MeasureQQQMVEA
Return
Total return, 1 year+15.2%+17.1%
Drawdown
Below its high4.5%, high on Oct 6, 20264.4%, high on Aug 25, 2026
Benchmark
What it tracksNasdaq-100 IndexFTSE Developed All Cap ex US Index
Cost and size
Expense ratio0.15%0.03%
Net assets, QQQM as of Oct 27, 2026 and VEA as of Sep 30, 2026$110.4bn$231.6bn
Holdings
Holdings in common1%
Top ten holdings, share of the fund46.7%13.6%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Oct 23, 2020 to Oct 23, 2026 · 313 weekly returns
QQQM VEA
Return
Total return edge QQQM +157.2% +97.9%
Annualized edge QQQM +17.0% +12.0%
Price return edge QQQM +147.9% +65.4%
Risk
Volatility edge VEA 21.0% 16.3%
Max drawdown edge VEA −35.0% −29.5%
Risk-adjusted
Sharpe edge QQQM 0.70 0.58
Sortino edge QQQM 1.07 0.84
Calmar edge QQQM 0.49 0.41
Reading

QQQM returned more: +157.2% to +97.9%. VEA swung less: 16.3% to 21.0%. VEA fell less at its worst: −29.5% to −35.0%.

Full scorecard

9 measures, with how each is measured
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Risk and return: QQQM vs VEA: Differences, Returns & Fees
MeasureQQQMVEAEdgeHow it is measured
Return
Total return+157.2%+97.9%QQQMPrice change plus distributions, reinvested.
Annualized+17.0%+12.0%QQQMTotal return as a yearly rate.
Price return+147.9%+65.4%QQQMPrice change alone, distributions left out.
Risk
Volatility21.0%16.3%VEASpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.6%11.1%VEALike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−35.0%−29.5%VEADeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.700.58QQQMReturn above Treasury bills per unit of volatility.
Sortino1.070.84QQQMReturn above Treasury bills per unit of downside deviation.
Calmar0.490.41QQQMAnnualized 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

1%

By the books each fund has filed, QQQM and VEA hold 1% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

1% in common

Positions both hold · largest shared weight first QQQM VEA
Shopify Inc 0.86% 0.56%
Ferrovial NV 0.17% 0.08%
Coca-Cola Europacific Partners PLC 0.21% 0.06%
Thomson Reuters Corp 0.19% 0.04%
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 VEA
Samsung Electronics Co Ltd 2.81%
SK hynix Inc 2.30%
ASML Holding NV 2.14%
SLBBH1142 1.07%
HSBC Holdings PLC 1.05%
Roche Holding AG 0.91%
Shell PLC 0.86%
Royal Bank of Canada 0.85%
Check overlap with more funds →

Side by side

QQQM Invesco NASDAQ 100 ETF VEA Vanguard FTSE Developed Markets ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Nasdaq-100 Tracks an index of Developed markets ex US
Total return, 1 year +15.2% +17.1%
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% 0.03%
Already in the S&P 500 95.7% 0.0%
Holdings 105 3906
Net assets, QQQM as of Oct 27, 2026 and VEA as of Sep 30, 2026 $110.4bn $231.6bn

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

Client brief · page 1 of 2 Report BR-294A508BCA

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

  1. What each follows. QQQM follows Nasdaq-100 Index and VEA follows FTSE Developed All Cap ex US Index.
  2. Holdings in common. 1% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. Number of holdings. QQQM holds 105 positions and VEA holds 3906.

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.

VEA

VEA tracks an index of Developed markets ex US. Over the year to Oct 28, 2026 it returned +17.1% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3,906 positions, with the top ten at 13.6%. It sat 4.4% below its high of Aug 25, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, QQQM or VEA?
In the year to Oct 28, 2026, with distributions reinvested, QQQM returned +15.2% and VEA +17.1%.
Which is cheaper, QQQM or VEA?
VEA is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do QQQM and VEA overlap with the S&P 500?
By their latest filed holdings, 96% of QQQM and 0% of VEA by weight is stocks the S&P 500 already holds.
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ETFIQ, QQQM against VEA, data as of Oct 28, 2026. https://etfiq.com/compare/any/qqqm-vs-vea

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