Data as of Oct 28, 2026.

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QQQM vs VGK: Differences, Returns & Fees

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Over the year to Oct 28, 2026, QQQM returned +15.2% to VGK's +10.4%; 0% 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 $29.6bn on Sep 30, 2026 for Vanguard FTSE Europe ETF.

At a glance
+15.2%
QQQM total return, 1 year
+10.4%
VGK total return, 1 year
0.15%
QQQM expense ratio
0.06%
VGK expense ratio

Pair scorecard

VGK costs 0.09 points a year less; their one-year returns differ by 4.8 points.

QQQM vs VGK: Differences, Returns & Fees
MeasureQQQMVGK
Return
Total return, 1 year+15.2%+10.4%
Drawdown
Below its high4.5%, high on Oct 6, 20266.1%, high on Aug 25, 2026
Benchmark
What it tracksNasdaq-100 IndexFTSE Developed Europe All Cap Index
Cost and size
Expense ratio0.15%0.06%
Net assets, QQQM as of Oct 27, 2026 and VGK as of Sep 30, 2026$110.4bn$29.6bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund46.7%19.0%

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 VGK
Return
Total return edge QQQM +157.2% +94.9%
Annualized edge QQQM +17.0% +11.7%
Price return edge QQQM +147.9% +61.2%
Risk
Volatility edge VGK 21.0% 17.8%
Max drawdown edge VGK (slight) −35.0% −31.6%
Risk-adjusted
Sharpe edge QQQM 0.70 0.53
Sortino edge QQQM 1.07 0.77
Calmar edge QQQM 0.49 0.37
Reading

QQQM returned more: +157.2% to +94.9%. VGK swung less: 17.8% to 21.0%. VGK fell slightly less at its worst: −31.6% to −35.0%.

Full scorecard

9 measures, with how each is measured
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Risk and return: QQQM vs VGK: Differences, Returns & Fees
MeasureQQQMVGKEdgeHow it is measured
Return
Total return+157.2%+94.9%QQQMPrice change plus distributions, reinvested.
Annualized+17.0%+11.7%QQQMTotal return as a yearly rate.
Price return+147.9%+61.2%QQQMPrice change alone, distributions left out.
Risk
Volatility21.0%17.8%VGKSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.6%12.2%VGKLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−35.0%−31.6%VGK (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.700.53QQQMReturn above Treasury bills per unit of volatility.
Sortino1.070.77QQQMReturn above Treasury bills per unit of downside deviation.
Calmar0.490.37QQQMAnnualized 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

0%

By the books each fund has filed, QQQM and VGK hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first QQQM VGK
Ferrovial NV 0.17% 0.17%
Coca-Cola Europacific Partners PLC 0.21% 0.13%
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 VGK
ASML Holding NV 4.47%
HSBC Holdings PLC 2.19%
Roche Holding AG 1.89%
Novartis AG 1.72%
Shell PLC 1.64%
AstraZeneca PLC 1.56%
Nestle SA 1.51%
Siemens AG 1.45%
Check overlap with more funds →

Side by side

QQQM Invesco NASDAQ 100 ETF VGK Vanguard FTSE Europe ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Nasdaq-100 Tracks an index of European Stock
Total return, 1 year +15.2% +10.4%
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% 0.06%
Already in the S&P 500 95.7% 0.0%
Holdings 105 1245
Net assets, QQQM as of Oct 27, 2026 and VGK as of Sep 30, 2026 $110.4bn $29.6bn

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

Client brief · page 1 of 2 Report BR-C691B231B9

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

  1. What each follows. QQQM follows Nasdaq-100 Index and VGK follows FTSE Developed Europe All Cap Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 QQQM returned +15.2% and VGK +10.4% with distributions reinvested, a gap of 4.8 points.

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.

VGK

VGK tracks an index of European Stock. Over the year to Oct 28, 2026 it returned +10.4% with distributions reinvested. The prospectus expense ratio is 0.06% 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 1,245 positions, with the top ten at 19.0%. It sat 6.1% below its high of Aug 25, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, QQQM or VGK?
In the year to Oct 28, 2026, with distributions reinvested, QQQM returned +15.2% and VGK +10.4%.
Which is cheaper, QQQM or VGK?
VGK is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do QQQM and VGK overlap with the S&P 500?
By their latest filed holdings, 96% of QQQM and 0% of VGK by weight is stocks the S&P 500 already holds.
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ETFIQ, QQQM against VGK, data as of Oct 28, 2026. https://etfiq.com/compare/any/qqqm-vs-vgk

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