IWM vs QQQ
iShares Russell 2000 ETF vs Invesco QQQ Trust
Last updated: 2026-04-10
iShares Russell 2000 ETF (IWM) is an exchange-traded fund issued by iShares that provides exposure to small-cap U.S. equities with higher growth potential and volatility. It charges a moderate expense ratio of 0.19%. The fund offers a modest dividend yield of 0.97%. Launched in 2000, the fund has a 26-year track record.
Invesco QQQ Trust (QQQ) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a moderate expense ratio of 0.18%. The fund offers a modest dividend yield of 0.46%. Launched in 1999, the fund has a 27-year track record.
Quick Verdict
Both funds have nearly identical expense ratios (0.18% vs 0.19%), so fees are not a differentiator here. Over the past year, IWM has significantly outperformed with a 43.7% return vs 37.0%. Income investors may prefer IWM for its higher yield (1.0% vs 0.5%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
0 of top 9 holdings overlap (0% overlap in top holdings)
IWM Top Holdings
| Name | Weight |
|---|---|
| Bloom Energy CorporationBE | 1.04% |
| FabrinetFN | 0.71% |
| COEUR MINING INCCDE.NE | 0.65% |
| Credo Technology Group Holding LtdCRDO | 0.58% |
| Nextpower Inc.NXT | 0.55% |
| EchoStar CorporationSATS | 0.54% |
| Advanced Energy Industries, Inc.AEIS | 0.45% |
| Kratos Defense & Security Solutions, Inc.KTOS | 0.44% |
| Sterling Infrastructure, Inc.STRL | 0.41% |
| Hecla Mining CompanyHL | 0.40% |
QQQ Top Holdings
| Name | Weight |
|---|---|
| NVIDIA CorporationNVDA | 8.69% |
| Apple Inc.AAPL | 7.47% |
| Microsoft CorporationMSFT | 5.55% |
| Amazon.com, Inc.AMZN | 4.61% |
| Tesla, Inc.TSLA | 3.47% |
| Meta Platforms, Inc.META | 3.41% |
| Alphabet Inc.GOOG | 3.32% |
| Walmart Inc.WMT | 3.32% |
| Broadcom Inc.AVGO | 3.18% |
Which One Should You Choose?
Choose IWM if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose IWM if...
you prioritize dividend income and want higher regular distributions from your portfolio.