Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
QQQM vs XLE: how they differ
QQQM and XLE hold 1% of their weight in the same names, and XLE returned more over the year.
Invesco NASDAQ 100 ETF and State Street(R) Energy Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, QQQM and XLE hold 1% of their money in the same securities at the same weight.
| Holding | QQQM | XLE |
|---|---|---|
| Baker Hughes Co | 0.26% | 3.36% |
| Diamondback Energy Inc | 0.26% | 2.28% |
| Only in QQQM | Only in XLE |
|---|---|
| NVIDIA Corp 8.52% | EXXONMOBIL HOLDINGS CORP 20.13% |
| Apple Inc 7.72% | CHEVRON CORP 15.18% |
| Microsoft Corp 5.89% | CONOCOPHILLIPS 6.36% |
| Micron Technology Inc 4.90% | MARATHON PETROLEUM CORP 5.63% |
| Amazon.com Inc 4.36% | PHILLIPS 66 5.52% |
| Advanced Micro Devices Inc 3.65% | VALERO ENERGY CORP 5.38% |
| Alphabet Inc 3.12% | SLB LTD 4.49% |
| Meta Platforms Inc 3.07% | EOG RESOURCES INC 4.15% |
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 Invesco NASDAQ 100 ETF | XLE State Street(R) Energy Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | Nasdaq-100 | Energy |
| Total return, 1 year | +23.0% | +50.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +33.2 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 96.7% | 100.0% |
| Holdings | 106 | 24 |
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.
XLE in plain words
XLE is an index equity fund tracking the Energy. Over the year to Sep 11, 2026 it returned +50.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% 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 24 positions, with the top ten at 74.0%.
Questions people ask
- Which returned more over the last year, QQQM or XLE?
- In the year to Sep 13, 2026, with distributions reinvested, QQQM returned +23.0% and XLE returned +50.7%, so XLE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQM or XLE?
- QQQM charges 0.15% a year and XLE charges 0.08%, so XLE is cheaper. Fees come from each fund's prospectus.
- How much do QQQM and XLE overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQM and 100% of XLE by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.
Other comparisons
Where to next
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.
Cite this page. ETFIQ, QQQM against XLE, data as of Sep 13, 2026. https://etfiq.com/compare/any/qqqm-vs-xle Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources