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IQQ vs QQQM

iShares Nasdaq 100 ETF

IQQANasdaq

Invesco NASDAQ 100 ETF

QQQMANasdaq

Overlap

99.7%by weight

Same index. Both funds track the Nasdaq-100 Index.Both track Nasdaq-100 Index

Expense ratio

IQQ −0.03pt a year

IQQ0.12%QQQM0.15%

Avg volume · 30D

QQQM 3.3×the volume

IQQ986KQQQM3.22M

IQQ vs QQQM Performance

Jul 16, 2026 – Oct 16, 2026

+0.6%IQQ+0.6%QQQM

Jul 16, 2026 to Oct 16, 2026. IQQ +0.6%. QQQM +0.6%. Use the arrow keys to read each point.−5%−2.5%2.5%5%7.5%Jul 2026Aug 2026Oct 2026
Expense ratio
IQQ 0.12%, better
QQQM 0.15%
Fund size
IQQ $718M
QQQM $110B
1Y total return
IQQ No data
QQQM +18.9%
Yield (12M)
IQQ No data
QQQM 0.45%
Holdings
IQQ 104
QQQM 106
Avg volume (30D)
IQQ 986K sh
QQQM 3.22M sh, better
NAV per share
IQQ $24.64
QQQM $299.98
52W range

ETF.net Grade

IQQ: Cost 83, Risk 56, Mission not scored, Tradability 64, Holdings 61, Durability 58. QQQM: Cost 74, Risk 51, Mission 100, Tradability 86, Holdings 61, Durability 76.
Pillar letters and Scores for IQQ, QQQM, with each pillar’s weight
PillarIQQQQQM
Cost30% weightA83HigherA74
Mission25% weightNot scoredA100
Risk15% weightB56HigherC51
Tradability15% weightB64A86Higher
Holdings10% weightB61B61
Durability5% weightB58A76Higher

Rank among Nasdaq-100 funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. IQQ and QQQM 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 ›

QQQM ranks 1st and IQQ 4th of 10 funds in the Nasdaq-100 Category.

  1. Rank 1AQQQMInvesco NASDAQ 100 ETFScore 77
  2. Rank 2AQQQInvesco QQQ Trust, Series 1Score 76
  3. Rank 3AQNDXState Street SPDR Portfolio Nasdaq 100 ETFScore 70
  4. Rank 4AIQQiShares Nasdaq 100 ETFScore 69
  5. Rank 5BQQMGInvesco ESG NASDAQ 100 ETFScore 58

Our read on each fund

ETF.net Research

IQQAiShares Nasdaq 100 ETF

QQQMAInvesco NASDAQ 100 ETF

In short

IQQ No read

QQQM The 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

IQQ No read

QQQM 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

IQQ No read

  • QQQM 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

IQQ No read

  • QQQM 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

Full IQQ profile⁠

Full QQQM profile⁠

IQQ vs QQQM Holdings

Overlap

99.7%by weight

Only IQQ
3
of 104
In both
101
holdings
Only QQQM
5
of 106

Holdings side by side

Top 10 holdings by combined weight
HoldingIQQQQQM
NVDANVIDIA8.07%8.07%
AAPLApple7.70%7.69%
MSFTMicrosoft6.18%6.17%
MUMicron Technology4.46%4.47%
AMZNAmazon.com Inc4.24%4.23%
AMDAdvanced Micro Devices3.90%3.90%
METAMeta Platforms Class A3.37%3.38%
GOOGLAlphabet Class A3.16%3.16%
GOOGAlphabet Class C2.94%2.94%
TSLATesla Inc2.94%2.93%

All 101 IQQ holdings⁠All 103 QQQM holdings⁠

Sectors

IQQQQQM

  • TechnologyIQQ —QQQM 60.3%
  • CommunicationIQQ —QQQM 11.8%
  • Consumer DiscretionaryIQQ —QQQM 9.9%
  • Consumer StaplesIQQ —QQQM 5.7%
  • IndustrialsIQQ —QQQM 5.5%
  • Health CareIQQ —QQQM 3.7%
  • UtilitiesIQQ —QQQM 1.1%
  • MaterialsIQQ —QQQM 0.9%
  • FinancialsIQQ —QQQM 0.7%
  • EnergyIQQ —QQQM 0.5%

IQQ vs QQQM Cost

Expense ratio

  • 0.12%IQQ, cheaper
  • 0.15%QQQM
  • Middle half of Nasdaq-100 funds
  • Median 0.20%

IQQ 2nd cheapest of 10 funds

QQQM 3rd cheapest of 10 funds

$617less in fees with IQQ over 30 years, on $10,000 invested

$0$1,000$2,000$3,000$4,000Start10 years20 years30 years

Assumes $10,000 invested once and 7% growth a year before fees.

IQQ vs QQQM Dividends

Last 12 months to Oct 16, 2026
Yield (12M)
IQQ No data
QQQM 0.45%
Payout (12M)
IQQ No data
QQQM $1.32
Last payment
IQQ $0.02
QQQM $0.31
Ex-dividend
IQQ Sep 15, 2026
QQQM Sep 21, 2026
Paid on
IQQ Sep 18, 2026
QQQM Sep 25, 2026
Frequency
IQQ Irregular
QQQM Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

IQQIrregular · 1 paymentAll IQQ payments⁠
One bar per payment. 1 payment from 2020 to 2026 YTD. Sep 15, 2026 $0.02. Use the arrow keys to read each point.$0$0.25202020232026YTD
QQQMQuarterly · 24 paymentsAll QQQM payments⁠
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.$0$0.25202020232026YTD

IQQ vs QQQM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IQQ No dataQQQM 17.2%
Return per unit of riskSharpe ratio, 3 years
IQQ No dataQQQM 1.27
Worst fallMax drawdown, 5 years
IQQ No dataQQQM −35.0%
Market sensitivityBeta, 3 years
IQQ 1.94QQQM 1.23

IQQ and QQQM in the news

All news⁠

Popular comparisons

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