QQQ vs QQQM
Invesco QQQ Trust vs Invesco NASDAQ 100 ETF
Last updated: 2026-04-10
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.
Invesco NASDAQ 100 ETF (QQQM) 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 low expense ratio of 0.15%. The fund offers a modest dividend yield of 0.50%. Launched in 2020, the fund has a 6-year track record.
Quick Verdict
QQQM has a slightly lower expense ratio (0.15% vs 0.18%), saving about $59 per $10,000 over 10 years. Both funds have delivered similar 1-year returns (37.0% vs 37.0%), tracking closely.
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
9 of top 9 holdings overlap (100% overlap in top holdings)
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% |
QQQM Top Holdings
| Name | Weight |
|---|---|
| NVIDIA CorporationNVDA | 8.62% |
| Apple Inc.AAPL | 7.41% |
| Microsoft CorporationMSFT | 5.42% |
| Amazon.com, Inc.AMZN | 4.63% |
| Meta Platforms, Inc.META | 3.52% |
| Walmart Inc.WMT | 3.35% |
| Tesla, Inc.TSLA | 3.34% |
| Alphabet Inc.GOOG | 3.33% |
| Broadcom Inc.AVGO | 3.24% |
Which One Should You Choose?
Choose QQQM if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Either works if...
you just need broad us large cap growth exposure. Both are solid options — pick whichever your brokerage offers commission-free.