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Launched

Invesco NASDAQ 100 ETF

QQQMNasdaqInvescoA

$280.49−3.85 (−1.35%)

At close: Nov 2, 2026, 4:00 PM ET

A77/ 100

Rank 1 of 10 in Nasdaq-100

A77/100Rank 1 of 10inNasdaq-100
Intraday session: down, 79 prints from 284.34 to 280.49. Range 280.29 to 287.59. Use the arrow keys to read each point.282.00286.00288.0010 AM12 PM2 PM4 PM
Expense ratio
0.15%
Fund size
$106B
1Y total return
+10.3%
Yield · Last 12 months
0.46%
Holdings
105
Avg volume · 30D
3.03M sh
52W range
low $228.75high $314.12
Launched

The ETF.net QQQM Grade

A

Score 77 out of 100

Category
Nasdaq-100⁠
Rank
1 of 10
Six-pillar profile for QQQM. Scores out of 100: Cost 74, Risk 51, Mission 100, Tradability 86, Holdings 61, Durability 76. Strongest: Mission (100). Weakest: Risk (51). Leans toward Mission.

Score 77 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A74 out of 100
    Rank 3 of 10

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 8

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C51 out of 100
    Rank 3 of 10

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A86 out of 100
    Rank 2 of 10

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B61 out of 100
    Rank 3 of 9

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A76 out of 100
    Rank 2 of 10

Our read on QQQM

ETF.net Research

In short

AThe Nasdaq-100 in a thriftier wrapper. Launched in 2020, QQQM holds the same index as Invesco's famous original and charges 0.15% a year instead of 0.18%, built for people who buy and sit rather than trade.

Stated mandate

The Fund seeks to track the performance of the NASDAQ-100 Index before fees and expenses by generally investing at least 90% of its assets in index securities.

Why people hold it

  • Same NASDAQ-100 index as Invesco's original fund, for 0.15% instead of 0.18%. Identical mandate, smaller toll.invesco.com
  • Undercuts the typical Nasdaq-100 wrapper (cohort median 0.20%) and costs well under half the equal-weight version, QQQE, at 0.35%.
  • The mandate is literal: at least 90% of assets in index securities, tracking about 100 of the largest Nasdaq-listed non-financial companies.nasdaq.com
  • A multi-billion-dollar, actively traded fund and one of the stronger implementations in its Nasdaq-100 peer group.

Worth knowing

  • The index excludes financial companies and requires a Nasdaq listing, so whole slices of the US market never show up here.nasdaq.com
  • Modified market-cap weighting means the biggest names carry the biggest weights, so a short list of mega-caps drives most of the ride.nasdaq.com
  • Distributions land quarterly, and the index selects on size, not dividends.nasdaq.com

QQQM Performance

Launched Oct 13, 2020

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
QQQM$11,033
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. QQQM $11,033. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for QQQM. Periods over one year show the average yearly return.
PeriodQQQM
Year to date+12.8%
1 month−6.7%
3 months+0.5%
1 year+10.3%
3 yearsper year+26.1%
5 yearsper year+13.1%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for QQQM
YearReturn barQQQM
2026 YTD+12.8%
2025+20.8%
2024+25.7%
2023+55.0%
2022−32.5%
2021+27.4%
2020+6.7%

Since listing, Oct 13, 2020

QQQM in the news

QQQM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.46%Last 12 months
Payout per share
$1.32Last 12 months
Last payment
$0.31 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2020–2026

One bar per payment. 24 payments from 2020 to 2026 YTD. Dec 21, 2020 $0.21; Mar 22, 2021 $0.16; Jun 21, 2021 $0.18; Sep 20, 2021 $0.17; Dec 20, 2021 $0.15; Mar 21, 2022 $0.19; Jun 21, 2022 $0.21; Sep 19, 2022 $0.25; Dec 19, 2022 $0.27; Mar 20, 2023 $0.25; Jun 20, 2023 $0.22; Sep 18, 2023 $0.24; Dec 18, 2023 $0.38; Mar 18, 2024 $0.35; Jun 24, 2024 $0.32; Sep 23, 2024 $0.30; Dec 23, 2024 $0.31; Mar 24, 2025 $0.32; Jun 23, 2025 $0.32; Sep 22, 2025 $0.30; Dec 22, 2025 $0.32; Mar 23, 2026 $0.33; Jun 22, 2026 $0.35; Sep 21, 2026 $0.31. Use the arrow keys to read each point.2020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 21, 2026Sep 25, 2026$0.31
Jun 22, 2026Jun 26, 2026$0.35
Mar 23, 2026Mar 27, 2026$0.33
Dec 22, 2025Dec 26, 2025$0.32
Sep 22, 2025Sep 26, 2025$0.30
Jun 23, 2025Jun 27, 2025$0.32
Mar 24, 2025Mar 28, 2025$0.32
Dec 23, 2024Dec 27, 2024$0.31
Sep 23, 2024Sep 27, 2024$0.30
Jun 24, 2024Jun 28, 2024$0.32
Mar 18, 2024Mar 22, 2024$0.35
Dec 18, 2023Dec 22, 2023$0.38

See all 24 payments⁠

$10,000 in QQQM 5 years ago paid $347 in dividends.⁠

QQQM Risk

Risk pillarC51 out of 100Rank 3 of 10 in Nasdaq-100
How much the fund’s monthly returns vary, scaled to a year.
17.8%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.15
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−35.0%
Trough Nov 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.23
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

QQQM Cost

Compare QQQM and IQQ

Overpaying vs IQQ, tied cheapest in Nasdaq-100

$1,031

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • QQQM 0.15%

    $3,137

  • IQQ 0.10% Tied cheapest

    $2,106

$10,000
30 years

Cost over time

  • QQQM 0.15%
  • IQQ 0.10%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530QQQM $3,137IQQ $2,106

Year by year

YearQQQMIQQOverpaying
10$274$183$91
20$1,071$717$354
30$3,137$2,106$1,031

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