Compare
Invesco QQQ Trust, Series 1 vs Invesco NASDAQ 100 ETF, side by side on every metric on file. 83 of 161 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 22.3%, against 22.3% 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 $490.10B in net assets, and the portfolios are spread differently: QQQM holds 108 positions against 106 for QQQ.
| Metric | QQQ Invesco QQQ Trust, Series 1 | QQQM Invesco NASDAQ 100 ETF |
|---|---|---|
| Profile | ||
| Category | Equity | Equity |
| Tags | — | Index Fund |
| Geography | US | US |
| Family | Invesco QQQ Trust, Series 1 | Invesco Exchange-Traded Fund Trust II |
| Structure | — | Non-Diversified, Lends Securities |
| Fees | ||
| AFFE | — | — |
| Waiver Expiry | — | — |
| Gross Expense | 0.18% | 0.15% |
| Min. Investment | — | — |
| Net Expense | 0.18% | 0.15% |
| Size | ||
| AUM | $490.10B | $97.15B |
| Returns | ||
| 2021 | 27.3% | 27.3% |
| 2022 | -32.5% | -32.5% |
| 2023 | 54.7% | 54.9% |
| 2024 | 25.6% | 25.7% |
| 2025 | — | — |
| Last Distribution | 0.75 | 0.31 |
| Last Ex-Date | 21 Sep 2026 | 21 Sep 2026 |
| Dist. TTM | 3.09 | 1.32 |
| Dist. Yield TTM | 0.41% | 0.43% |
| Div. Yield TTM | 0.41% | 0.43% |
| 10Y Ann. (Prospectus) | 18.3% | — |
| 5Y Ann. (Prospectus) | 19.9% | — |
| Since Inception (Prospectus) | — | 14.8% |
| Worst Quarter (Prospectus) | — | — |
| 1M | 4.07% | 4.09% |
| 1Y | 22.3% | 22.3% |
| 3M | 5.08% | 5.11% |
| 3Y Ann. | 26.8% | 26.9% |
| 5Y Ann. | 15.7% | 15.7% |
| 6M | 23.3% | 23.4% |
| 1M + Dist. | 4.17% | 4.19% |
| 1Y + Dist. | 22.8% | 22.8% |
| 3M + Dist. | 5.19% | 5.22% |
| 3Y Ann. + Dist. | 27.3% | 27.4% |
| 5Y Ann. + Dist. | 16.1% | 16.1% |
| 6M + Dist. | 23.6% | 23.6% |
| YTD + Dist. | 22.1% | 22.1% |
| YTD | 21.7% | 21.7% |
| Total 12M | — | 42.9% |
| Total 1M | -0.21% | 10.6% |
| Total 3M | 27.6% | 21.7% |
| Total 6M | 20.2% | 19.6% |
| Market Cap | ||
| Large Cap | 22.9% | 22.9% |
| Cap Coverage | 96.8% | 96.8% |
| Mega Cap | 77.1% | 77.1% |
| Micro Cap | 0.00% | 0.00% |
| Mid Cap | 0.00% | 0.00% |
| Size Style | Large Cap | Large Cap |
| Small Cap | 0.00% | 0.00% |
| Avg Mkt Cap | $1.84T | $1.84T |
| Valuation | ||
| Look-Through Yield | 15.7% | 15.7% |
| EV/EBITDA | 18.21 | 18.21 |
| P/E | 30.46 | 30.46 |
| P/S | 6.50 | 6.50 |
| Asset Mix | ||
| Derivatives | 0.40% | 0.15% |
| Equity | 99.5% | 99.6% |
| Fixed Income | 0.00% | 0.00% |
| Fund & Cash | 0.14% | 0.26% |
| Other Assets | 0.00% | 0.00% |
| Sector | ||
| Basic Materials | 0.92% | 0.92% |
| Communication Services | 1.35% | 1.35% |
| Consumer Discretionary | 8.41% | 8.42% |
| Consumer Staples | 5.50% | 5.51% |
| Energy | 0.44% | 0.44% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 3.54% | 3.55% |
| Industrials | 5.20% | 5.21% |
| Other / Unclass. | 0.54% | 0.40% |
| Real Estate | 0.00% | 0.00% |
| Technology | 73.0% | 73.1% |
| Utilities | 1.06% | 1.06% |
| Top Sector | Technology | Technology |
| Top Sector % | 73.4% | 73.4% |
| Bond Character | ||
| Avg Coupon | 0.00% | 0.00% |
| Corporate | 99.5% | 99.6% |
| Dated Holdings | 2.00 | 2.00 |
| Rate Sensitivity | — | — |
| Effective Duration | — | — |
| Effective Maturity | — | — |
| Municipal | 0.00% | 0.00% |
| Non-US Sovereign | 0.00% | 0.00% |
| Agency & GSE | 0.00% | 0.00% |
| Treasury | 0.00% | 0.00% |
| Avg Legal Maturity | — | — |
| Geography | ||
| US Weight | 97.7% | 97.9% |
| Top Country | United States | United States |
| Portfolio | ||
| Holdings | 106 | 108 |
| Short | 0.14% | 0.13% |
| Concentration | ||
| Effective Holdings | 32 | 32 |
| Top 10 | 46.8% | 46.8% |
| Largest Position | 8.48% | 8.49% |
| topholding_cusip | 67066G104 | 67066G104 |
| Top Holding | NVIDIA CorpNVDA | NVIDIA CorpNVDA |
| topholding_ticker | NVDA | NVDA |
| Flows | ||
| Positive Months | 66.7% | 94.2% |
| Flow 12M % | 2.69% | 24.5% |
| Flow 12M | $13.19B | $23.77B |
| Flow 1M % | -1.39% | 5.40% |
| Flow 3M % | 2.21% | 10.1% |
| Cost of Ownership | ||
| Fund Age | — | 6.0 |
| 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% |
| Risk Ratios | ||
| Std Dev 6M | 21.2% | 21.0% |
| Std Dev YTD | 20.4% | 20.2% |
| Std Dev 1Y | 20.0% | 19.8% |
| Std Dev 2Y | 21.7% | 21.5% |
| Std Dev 3Y | 20.4% | 20.2% |
| Std Dev 5Y | 23.0% | 22.8% |
| Max Drawdown 6M | -11.3% | -11.3% |
| Max Drawdown YTD | -11.8% | -11.9% |
| Max Drawdown 1Y | -12.2% | -12.2% |
| Max Drawdown 2Y | -22.9% | -22.8% |
| Max Drawdown 3Y | -22.9% | -22.8% |
| Max Drawdown 5Y | -35.6% | -35.6% |
| Sharpe 6M | 1.89 | 1.91 |
| Sharpe YTD | 1.18 | 1.19 |
| Sharpe 1Y | 0.92 | 0.93 |
| Sharpe 2Y | 0.91 | 0.91 |
| Sharpe 3Y | 1.06 | 1.07 |
| Sharpe 5Y | 0.58 | 0.59 |
| Sortino 6M | 2.93 | 2.95 |
| Sortino YTD | 1.77 | 1.78 |
| Sortino 1Y | 1.35 | 1.36 |
| Sortino 2Y | 1.34 | 1.35 |
| Sortino 3Y | 1.56 | 1.57 |
| Sortino 5Y | 0.84 | 0.85 |
| Alpha 6M | 1.97% | 2.37% |
| Alpha YTD | 4.49% | 4.65% |
| Alpha 1Y | 2.67% | 2.78% |
| Alpha 2Y | 3.79% | 3.94% |
| Alpha 3Y | 0.48% | 0.67% |
| Alpha 5Y | 1.77% | 1.85% |
| Beta 6M | 1.60 | 1.59 |
| Beta YTD | 1.44 | 1.42 |
| Beta 1Y | 1.42 | 1.41 |
| Beta 2Y | 1.28 | 1.27 |
| Beta 3Y | 1.29 | 1.28 |
| Beta 5Y | 1.29 | 1.28 |
| Identity | ||
| Benchmark | I:SP500 | I:SP500 |
| CIK | 1657201 | 1657201 |
| Share Class | Invesco QQQ Trust, Series 1 | Invesco NASDAQ 100 ETF |
| Class ID | C000271435 | C000221604 |
| Data | Holdings, Flows, AUM, Returns, Profile, Prices, Ratios | Holdings, Flows, AUM, Returns, Profile, Prices, Ratios |
| Fiscal Year End | 09-30 | 08-31 |
| Flows Date | 30 Jun 2026 | 31 May 2026 |
| Portfolio Date | 6 Oct 2026 | 6 Oct 2026 |
| NAV Date | 6 Oct 2026 | 6 Oct 2026 |
| NAV | 759.5 | 312.7 |
| NAV Source | Issuer | Issuer |
| AUM Date | 30 Jun 2026 | 31 May 2026 |
| Price Date | 8 Oct 2026 | 8 Oct 2026 |
| Returns Date | 19 Dec 2025 | 18 Dec 2025 |
| Prospectus Date | 22 Dec 2025 | 19 Dec 2025 |
| Series ID | S000101292 | S000069448 |
| Total Ret. Date | 30 Jun 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 161 metrics on file for both, 83 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 22.3% and QQQ returned 22.3%. 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.