What is the expense ratio of QQQM vs RPV?

QQQM has an expense ratio of 0.15%, while RPV has an expense ratio of 0.35%.

QQQM vs RPV

Invesco NASDAQ 100 ETF vs Invesco S&P 500 Pure Value ETF

Last updated: 2026-04-10

QQQM Invesco

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.

AUM: $72.6B ER: 0.15% Yield: 0.50% Since: Oct 13, 2020

RPV Invesco

Invesco S&P 500 Pure Value ETF (RPV) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges an above-average expense ratio of 0.35%. The fund offers a moderate dividend yield of 2.39%. Launched in 2006, the fund has a 20-year track record.

AUM: $1.7B ER: 0.35% Yield: 2.39% Since: Mar 1, 2006

Quick Verdict

QQQM is significantly cheaper at 0.15% vs 0.35% expense ratio, saving you approximately $392 per $10,000 invested over 10 years. Over the past year, QQQM has significantly outperformed with a 37.0% return vs 28.4%. Income investors may prefer RPV for its higher yield (2.4% vs 0.5%).

Key Metrics

Metric	QQQM	RPV
Expense Ratio	0.15%	0.35%
Dividend Yield	0.5%	2.4%
Fund Family	Invesco	Invesco
Category	US Large Cap Growth	US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

QQQM +81.9%

RPV +43.8%

Performance Comparison

Period	QQQM	RPV	Difference
1 Month	+0.58%	+0.53%	+0.05%
3 Months	-2.54%	+1.21%	-3.75%
6 Months	+1.55%	+11.76%	-10.21%
YTD	-0.31%	+3.67%	-3.98%
1 Year	+36.96%	+28.36%	+8.60%
3 Years	+93.79%	+40.78%	+53.01%
5 Years	+81.86%	+43.81%	+38.05%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	QQQM Fees	RPV Fees	You Save
$10,000	10 years	$298	$690	$392
$10,000	20 years	$1,278	$2,930	$1,652
$10,000	30 years	$4,109	$9,337	$5,228
$50,000	10 years	$1,490	$3,448	$1,958
$50,000	30 years	$20,547	$46,685	$26,138
$100,000	30 years	$41,094	$93,370	$52,276

Risk Metrics

Based on 5 years of daily returns

Metric	QQQM	RPV
Annualized Volatility	22.2%	18.1%
Max Drawdown	-35.6%	-24.1%
Sharpe Ratio	0.45	0.25

Dividend Comparison

Metric	QQQM	RPV
Annual Dividend (per share)	$1.27	$2.59
Dividend Yield	0.50%	2.39%
Distribution Frequency	Quarterly	Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

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%

RPV Top Holdings

Name	Weight
Bunge Global SABG	2.73%
Dow Inc.DOW	2.73%
Archer-Daniels-Midland CompanyADM	2.19%
LyondellBasell Industries N.V.LYB	2.15%
The Mosaic CompanyMOS	2.02%
Tyson Foods, Inc.TSN	1.93%
Ford Motor CompanyF	1.73%
The Cigna GroupCI	1.72%
General Motors CompanyGM	1.68%
Target CorporationTGT	1.61%

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.

Choose QQQM if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose RPV if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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