IQQ vs QQMG: Grades, Fees and Holdings Compared

iShares Nasdaq 100 ETF

IQQANasdaq

Invesco ESG NASDAQ 100 ETF

QQMGBNasdaq

Overlap

88.9%by weight

Expense ratio

IQQ −0.10pt a year

IQQ0.10%QQMG0.20%

Avg volume · 30D

IQQ 52.9×the volume

IQQ1.1MQQMG20.8K

IQQ vs QQMG Performance

Aug 5, 2026 – Nov 5, 2026

−9.5%IQQ−10.4%QQMG

Expense ratio: IQQ 0.10%, better; QQMG 0.20%
Fund size: IQQ $769M; QQMG $211M
1Y total return: IQQ No data; QQMG +4.7%
Yield (12M): IQQ No data; QQMG 0.40%
Holdings: IQQ 103; QQMG 89
Avg volume (30D): IQQ 1.1M sh, better; QQMG 20.8K sh
NAV per share: IQQ $23.41; QQMG $48.06
52W range

ETF.net Grade

Pillar letters and Scores for IQQ, QQMG, with each pillar’s weight
Pillar	IQQ	QQMG
Cost30% weight	A88Higher	C46
Mission25% weight	Not scored	A100
Risk15% weight	C49	C50Higher
Tradability15% weight	B65Higher	C46
Holdings10% weight	B61Higher	C43
Durability5% weight	B60Higher	C42

Rank among Nasdaq-100 funds

How we build Categories ›

Same Category. IQQ and QQMG are both graded against the same 10 Nasdaq-100 funds, so their Grades compare head to head.

Nasdaq-100⁠

Category · 10 funds

See all 10 ›

IQQ ranks 3rd and QQMG 5th of 10 funds in the Nasdaq-100 Category.

Rank 1AQQQMInvesco NASDAQ 100 ETFScore 77
Rank 2AQQQInvesco QQQ Trust, Series 1Score 75
Rank 3AIQQiShares Nasdaq 100 ETFScore 70
Rank 4BQNDXState Street SPDR Portfolio Nasdaq 100 ETFScore 67
Rank 5BQQMGInvesco ESG NASDAQ 100 ETFScore 59
Rank 6BQNXTiShares Nasdaq-100 ex Top 30 ETFScore 57

Our read on each fund

ETF.net Research

IQQAiShares Nasdaq 100 ETF

QQMGBInvesco ESG NASDAQ 100 ETF

In short

IQQ No data

QQMG The Nasdaq-100 with an ESG filter on top: the same mega-cap growth roster, minus the names that fail the screens. Roughly 90 stocks at 0.20% a year, from the same house that runs the original Nasdaq-100 fund.

Stated mandate

IQQ No data

QQMG The Fund seeks to track, before fees and expenses, the Nasdaq-100 ESG Index.

Why people hold it

IQQ No data

QQMG Tracks the Nasdaq-100 ESG Index, so the familiar mega-cap growth lineup stays intact while companies failing the ESG screens are filtered out.
0.20% a year, right at the median for Nasdaq-100 trackers. The ESG screen arrives without an ESG surcharge.
Roughly 90 names, and it follows its stated index tightly. On mandate fidelity it stands with the stronger builds in the Nasdaq-100 group.
Launched in 2021 by Invesco, the shop behind the original Nasdaq-100 fund, and it distributes quarterly.

Worth knowing

IQQ No data

QQMG Thinly traded next to the group's heavyweights, which tends to mean wider bid-ask spreads and more care needed on larger orders.
Pricier than Invesco's unscreened versions of the same index family: QQQM at 0.15% and QQQ at 0.18%.
The screens remove some Nasdaq-100 members, so the holdings and sector mix diverge from the standard index, and results diverge with them.

Full IQQ profile⁠

Full QQMG profile⁠

IQQ vs QQMG Holdings

How IQQ and QQMG differ

Overlap by weight

88.9%

Shared holdings make up 99.96% of QQMG and 93.0% of IQQ.

Level by level

Holdings86 in both88.9%
Sector10 Sectors90.1%
Asset classStocks100%
Countryby domicile99.7%

Sector

Sector weights in IQQ and QQMG, widest gap first
Sector	Gap	IQQ	QQMG
Technology	QQMG +9.5 points	57.9%	67.4%
Industrials	IQQ +4.2 points	5.4%	1.1%
Consumer Staples	IQQ +2.0 points	6.8%	4.8%
Health Care	IQQ +1.2 points	4.8%	3.6%
Utilities	IQQ +1.0 points	1.2%	0.2%
Consumer Discretionary	IQQ +0.8 points	11.0%	10.2%
Energy	IQQ +0.5 points	0.5%	0.0%
Materials	QQMG +0.2 points	1.1%	1.3%
Communication	QQMG +0.2 points	11.1%	11.3%
Financials	Same weight	0.2%	0.2%

Country, concentration and asset class

Country by domicile

Country weights in IQQ and QQMG, widest gap first
Country	Gap	IQQ	QQMG
United States	IQQ +0.1 points	97.3%	97.2%
Netherlands	QQMG +0.2 points	0.9%	1.1%
Canada	IQQ +0.2 points	1.1%	0.9%
Brazil	Same weight	0.4%	0.4%
United Kingdom	QQMG +0.1 points	0.2%	0.3%
China	Same weight	0.2%	0.2%

Concentration

Weight in the 10 largest Holdings

IQQ46.9%
QQMG51.9%

Securities held

IQQ101
QQMG87

Asset class

IQQ: Stocks
QQMG: Stocks

Holdings

Only in IQQ15
In both86
Only in QQMG1

Only in IQQ

15 securities, 6.8% of IQQ by weight

Space Exploration Technologies Cor2.61%
Analog Devices0.87%
Moderna0.46%
Csx0.43%
Constellation Energy Corp0.39%
Honeywell International Inc0.32%
American Electric Power Inc0.32%
Diamondback Energy0.23%
Xcel Energy Inc0.22%
Baker Hughes Class A0.22%
Honeywell Aerospace Inc0.22%
Nebius NV Class A0.15%
Axon Enterprise0.15%
Rocket Lab Corp0.14%
Coreweave Class A0.10%

Only in QQMG

1 security, 0.0% of QQMG by weight

Invesco Government & Agency Portfolio0.03%

Weight gaps

All 86 Holdings in both funds, largest gap first.

Holding weights in IQQ and QQMG, widest gap first
Holding	Gap	IQQ	QQMG
NVIDIANVDA	QQMG +2.17 points	7.82%	9.99%
AppleAAPL	QQMG +1.24 points	8.28%	9.52%
Advanced Micro DevicesAMD	QQMG +1.14 points	3.56%	4.70%
MicrosoftMSFT	QQMG +1.12 points	6.70%	7.82%
Meta Platforms Class AMETA	IQQ +0.83 points	3.03%	2.20%
Costco Wholesale CorpCOST	IQQ +0.59 points	2.08%	1.49%
Cisco Systems IncCSCO	QQMG +0.51 points	1.83%	2.34%
Linde PLCLIN	QQMG +0.42 points	1.07%	1.49%
Palo Alto NetworksPANW	QQMG +0.40 points	1.27%	1.67%
Applied Material IncAMAT	QQMG +0.38 points	1.31%	1.69%
Amazon.com IncAMZN	QQMG +0.38 points	4.66%	5.04%
NetflixNFLX	QQMG +0.36 points	1.24%	1.60%
Lam ResearchLRCX	QQMG +0.35 points	1.24%	1.59%
Asml Holding Adr RepresentingASML	QQMG +0.28 points	0.63%	0.91%
KlaKLAC	QQMG +0.24 points	0.88%	1.12%
Shopify Subordinate Voting Class ASHOP	IQQ +0.23 points	0.83%	0.60%
Micron TechnologyMU	IQQ +0.21 points	4.02%	3.81%
Broadcom IncAVGO	IQQ +0.20 points	2.51%	2.31%
Alphabet Class AGOOGL	IQQ +0.19 points	2.75%	2.56%
Monster BeverageMNST	IQQ +0.19 points	0.43%	0.24%
Texas InstrumentTXN	IQQ +0.18 points	1.27%	1.09%
Alphabet Class CGOOG	IQQ +0.18 points	2.58%	2.40%
Western Digital CorpWDC	QQMG +0.16 points	0.52%	0.68%
Palantir Technologies Class APLTR	QQMG +0.16 points	1.76%	1.92%
Seagate Technology Holdings PLCSTX	QQMG +0.14 points	0.57%	0.71%
Paccar IncPCAR	IQQ +0.14 points	0.25%	0.11%
Marvell TechnologyMRVL	QQMG +0.14 points	0.63%	0.77%
Booking HoldingsBKNG	QQMG +0.13 points	0.58%	0.71%
IntuitINTU	QQMG +0.11 points	0.43%	0.54%
Amgen IncAMGN	IQQ +0.11 points	1.17%	1.06%
Oreilly Automotive IncORLY	QQMG +0.11 points	0.33%	0.44%
Adobe IncADBE	QQMG +0.10 points	0.45%	0.55%
SandiskSNDK	QQMG +0.10 points	0.67%	0.77%
SynopsysSNPS	QQMG +0.09 points	0.40%	0.49%
Gilead SciencesGILD	IQQ +0.09 points	0.97%	0.88%
Crowdstrike Holdings Class ACRWD	QQMG +0.08 points	1.11%	1.19%
Doordash Class ADASH	IQQ +0.08 points	0.36%	0.28%
Thomson Reuters CorpTRI	QQMG +0.08 points	0.20%	0.28%
QualcommQCOM	QQMG +0.08 points	0.81%	0.89%
Pdd Holdings AdsPDD	IQQ +0.07 points	0.25%	0.18%
Cadence Design SystemsCDNS	QQMG +0.07 points	0.41%	0.48%
Vertex PharmaceuticalsVRTX	IQQ +0.06 points	0.62%	0.56%
Intel CorporationINTC	IQQ +0.06 points	1.37%	1.31%
Microchip Technology IncMCHP	IQQ +0.07 points	0.19%	0.12%
Applovin Class AAPP	IQQ +0.06 points	0.37%	0.31%
T Mobile Us IncTMUS	IQQ +0.05 points	0.76%	0.71%
FortinetFTNT	QQMG +0.05 points	0.43%	0.48%
PepsicoPEP	IQQ +0.05 points	0.87%	0.82%
Tesla IncTSLA	IQQ +0.05 points	3.29%	3.24%
Comcast Class ACMCSA	IQQ +0.04 points	0.39%	0.35%
Strategy Inc Class AMSTR	IQQ +0.04 points	0.23%	0.19%
Idexx LaboratoriesIDXX	QQMG +0.04 points	0.25%	0.29%
Keurig Dr Pepper IncKDP	IQQ +0.04 points	0.22%	0.18%
Arm Holdings American Depositary’sARM	QQMG +0.04 points	0.37%	0.41%
Starbucks CorpSBUX	IQQ +0.04 points	0.56%	0.52%
Lumentum HoldingsLITE	QQMG +0.04 points	0.25%	0.29%
Workday Class AWDAY	QQMG +0.04 points	0.17%	0.21%
Datadog Inc Class ADDOG	QQMG +0.04 points	0.28%	0.32%
Roper TechnologiesROP	IQQ +0.03 points	0.21%	0.18%
PaychexPAYX	QQMG +0.03 points	0.19%	0.22%
Take Two Interactive SoftwareTTWO	QQMG +0.03 points	0.18%	0.21%
Intuitive SurgicalISRG	QQMG +0.03 points	0.77%	0.80%
WalmartWMT	IQQ +0.03 points	2.81%	2.78%
CintasCTAS	IQQ +0.03 points	0.41%	0.38%
Marriott International Class AMAR	IQQ +0.03 points	0.50%	0.47%
AutodeskADSK	QQMG +0.02 points	0.26%	0.28%
Regeneron PharmaceuticalsREGN	QQMG +0.03 points	0.41%	0.44%
Mondelez International Class AMDLZ	IQQ +0.03 points	0.39%	0.36%
FastenalFAST	QQMG +0.02 points	0.27%	0.29%
Coca Cola Europacific Partners PLCCCEP	QQMG +0.03 points	0.22%	0.25%
MercadolibreMELI	IQQ +0.02 points	0.39%	0.37%
Monolithic Power Systems IncMPWR	QQMG +0.02 points	0.27%	0.29%
Astera LabsALAB	IQQ +0.02 points	0.17%	0.15%
Nxp Semiconductors NVNXPI	QQMG +0.01 points	0.30%	0.31%
Alnylam PharmaceuticalsALNY	IQQ +0.02 points	0.10%	0.08%
Ross Stores IncROST	IQQ +0.02 points	0.35%	0.33%
Exelon CorpEXC	QQMG +0.02 points	0.21%	0.23%
TeradyneTER	QQMG +0.02 points	0.18%	0.20%
Dexcom IncDXCM	IQQ +0.01 points	0.15%	0.14%
Old Dominion Freight LineODFL	QQMG +0.01 points	0.17%	0.18%
Automatic Data Processing IncADP	IQQ +0.02 points	0.55%	0.53%
Ge Healthcare TechnologiesGEHC	QQMG +0.01 points	0.17%	0.18%
PayPal HoldingsPYPL	IQQ +0.01 points	0.23%	0.22%
Copart IncCPRT	Same weight	0.14%	0.14%
Ferrovial NVFER	QQMG +0.01 points	0.19%	0.20%
Airbnb Class AABNB	IQQ +0.01 points	0.34%	0.33%

All 101 IQQ holdings⁠All 87 QQMG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IQQ vs QQMG Cost

Overpaying QQMG vs IQQ

$2,049

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

IQQ 0.10%
$2,106
QQMG 0.20%
$4,155

Amount$10,000

Years30 years

Cost over time

IQQ 0.10%
QQMG 0.20%
Overpaying

Year by year

Year	IQQ	QQMG	Overpaying
10	$183	$365	$182
20	$717	$1,421	$704
30	$2,106	$4,155	$2,049

Expense ratio

0.10%IQQ, cheaper
0.20%QQMG

IQQ0.10%QQMG0.20%

0.10%0.58%

Middle half of Nasdaq-100 funds
Median 0.20%

IQQ cheapest of 10 funds

QQMG 5th cheapest of 10 funds

IQQ vs QQMG Dividends

Last 12 months to Nov 5, 2026

Yield (12M): IQQ No data; QQMG 0.40%
Payout (12M): IQQ No data; QQMG $0.18
Last payment: IQQ $0.02; QQMG $0.04
Ex-dividend: IQQ Sep 15, 2026; QQMG Sep 21, 2026
Paid on: IQQ Sep 18, 2026; QQMG Sep 25, 2026
Frequency: IQQ Irregular; QQMG Quarterly

Distribution history

Per share, 2021 to 2026, same scale for both

IQQIrregular · 1 paymentAll IQQ payments⁠

QQMGQuarterly · 20 paymentsAll QQMG payments⁠

IQQ vs QQMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: IQQ No dataQQMG 18.5%
Return per unit of riskSharpe ratio, 3 years: IQQ No dataQQMG 1.15
Worst fallMax drawdown, 5 years: IQQ No dataQQMG −35.4%
Market sensitivityBeta, 5 years: IQQ 2.08QQMG 1.24; Market = 1

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