Compare
Invesco QQQ Trust, Series 1 vs Invesco NASDAQ 100 ETF, side by side on every metric on file. 31 of 99 differ — fees, returns, holdings, sector exposure and tracking.
QQQM is the cheapest at 0.15% a year and QQQ the most expensive at 0.18% — a gap of about $3.00 per $10,000 invested, every year.
Over the past year QQQM returned the most at 24.2%, against 24.2% for QQQ. Those are price returns — distributions are not in them — and last year says nothing about the next one.
QQQ is the largest at $372.51B in net assets.
| Metric | QQQ Invesco QQQ Trust, Series 1 | QQQM Invesco NASDAQ 100 ETF |
|---|---|---|
| Profile | ||
| Category | — | Equity |
| Tags | — | Index Fund |
| Geography | — | US |
| Family | Invesco QQQ Trust, Series 1 | Invesco Exchange-Traded Fund Trust II |
| Structure | — | Non-Diversified, Lends Securities |
| Fees | ||
| AFFE | — | — |
| Gross Expense | 0.18% | 0.15% |
| Min. Investment | — | — |
| Net Expense | 0.18% | 0.15% |
| Size | ||
| AUM | $372.51B | $97.15B |
| Returns | ||
| 2021 | 27.3% | 27.3% |
| 2022 | -32.5% | -32.5% |
| 2023 | 54.7% | 54.9% |
| 2024 | 25.6% | 25.7% |
| 2025 | — | — |
| 10Y Ann. (Prospectus) | 18.3% | — |
| 5Y Ann. (Prospectus) | 19.9% | — |
| Since Inception (Prospectus) | — | 14.8% |
| Worst Quarter (Prospectus) | — | — |
| 1M | 6.06% | 6.06% |
| 1Y | 24.2% | 24.2% |
| 3M | -2.61% | -2.59% |
| 3Y Ann. | 25.0% | 25.0% |
| 5Y Ann. | 13.8% | 13.8% |
| 6M | 18.0% | 18.0% |
| YTD | 16.6% | 16.6% |
| Total 12M | — | 42.9% |
| Total 1M | -4.84% | 10.6% |
| Total 3M | -5.86% | 21.7% |
| Total 6M | -3.63% | 19.6% |
| Market Cap | ||
| Large Cap | — | 25.5% |
| Cap Coverage | — | 97.6% |
| Mega Cap | — | 74.5% |
| Micro Cap | — | 0.00% |
| Mid Cap | — | 0.00% |
| Size Style | — | Large Cap |
| Small Cap | — | 0.00% |
| Avg Mkt Cap | — | $1.77T |
| Valuation | ||
| Look-Through Yield | — | 0.57% |
| EV/EBITDA | — | 25.10 |
| P/E | — | 29.08 |
| P/S | — | 5.63 |
| Asset Mix | ||
| Derivatives | — | 0.03% |
| Equity | — | 99.5% |
| Fixed Income | — | 0.00% |
| Fund & Cash | — | 0.43% |
| Other Assets | — | 0.00% |
| Sector | ||
| Basic Materials | — | 1.01% |
| Communication Services | — | 1.67% |
| Consumer Discretionary | — | 9.62% |
| Consumer Staples | — | 6.21% |
| Energy | — | 0.51% |
| Financial Services | — | 0.11% |
| Healthcare | — | 3.68% |
| Industrials | — | 2.36% |
| Other / Unclass. | — | 6.27% |
| Real Estate | — | 0.00% |
| Technology | — | 67.9% |
| Utilities | — | 0.67% |
| Top Sector | — | Technology |
| Top Sector % | — | 72.4% |
| Bond Character | ||
| Corporate | — | 99.5% |
| Municipal | — | 0.00% |
| Non-US Sovereign | — | 0.00% |
| Agency & GSE | — | 0.00% |
| Treasury | — | 0.00% |
| Geography | ||
| US Weight | — | 96.3% |
| Top Country | — | United States |
| Portfolio | ||
| Holdings | — | 105 |
| Short | — | 0.00% |
| Concentration | ||
| Effective Holdings | — | 32 |
| Top 10 | — | 47.3% |
| Largest Position | — | 8.13% |
| Top Holding | — | NVIDIA Corp.NVDA |
| Flows | ||
| Positive Months | 33.3% | 95.2% |
| Flow 12M % | 0.29% | 24.5% |
| Flow 12M | $1.06B | $23.77B |
| Flow 1M % | -1.20% | 5.40% |
| Flow 3M % | -3.42% | 10.1% |
| Cost of Ownership | ||
| Fund Age | — | 5.9 |
| Turnover | 7.98% | 6.00% |
| Risk | ||
| Spread HY | — | — |
| Spread IG | — | — |
| DV01 10Y | — | — |
| Liabilities % | 0.48% | 0.35% |
| Tracking Diff. | — | -0.18% |
| Tracking Error | — | 0.13% |
| Identity | ||
| CIK | 1067839 | 1378872 |
| Class ID | C000271435 | C000221604 |
| Share Class | Invesco QQQ Trust, Series 1 | Invesco NASDAQ 100 ETF |
| Data | Flows, AUM, Returns, Profile, Prices | Holdings, Flows, AUM, Returns, Profile, Prices |
| Flows Date | 31 Mar 2026 | 31 May 2026 |
| Portfolio Date | — | 31 May 2026 |
| AUM Date | 31 Mar 2026 | 31 May 2026 |
| Price Date | 28 Aug 2026 | 28 Aug 2026 |
| Returns Date | 19 Dec 2025 | 18 Dec 2025 |
| Prospectus Date | 22 Dec 2025 | 19 Dec 2025 |
| Series ID | S000101292 | S000069448 |
| Total Ret. Date | 31 Mar 2026 | 31 May 2026 |
Yes. QQQM charges 0.15% a year against 0.18% for QQQ — about $3.00 a year on every $10,000 invested. The fee is deducted from the fund's assets daily, so it is already inside every return figure on this page rather than billed separately.
Of the 99 metrics on file for both, 31 differ and the rest match. The table below lists the differences first; untick “only what differs” to see everything, including what they agree on.
Over the last twelve months QQQM returned 24.2% and QQQ returned 24.2%. Those are price returns measured to the last close on file and exclude distributions, so a fund paying a larger yield looks worse on this line than it was. Past performance is not a forecast, and one year is a short window.
Nothing stops you, but check the overlap first: the sector and holdings rows below show how much of each portfolio is the same securities in the same weights. Two funds tracking the same index are one position held twice, not diversification. This page reports the numbers and does not give investment advice.