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QBIG vs QQQM

Invesco Top QQQ ETF

QBIGDNasdaq

Invesco NASDAQ 100 ETF

QQQMANasdaq

Overlap

Expense ratio

QQQM −0.14pt a year

QBIG0.29%QQQM0.15%

Avg volume · 30D

QQQM 678.9×the volume

QBIG4.47KQQQM3.03M

QBIG vs QQQM Performance

Oct 31, 2025 – Oct 30, 2026

+0.1%QBIG+10.3%QQQM

Oct 31, 2025 to Oct 30, 2026. QBIG +0.1%. QQQM +10.3%. Use the arrow keys to read each point.−20%−10%20%Oct 2025Apr 2026Oct 2026
Expense ratio
QBIG 0.29%
QQQM 0.15%, better
Fund size
QBIG $32M
QQQM $106B
1Y total return
QBIG +0.1%
QQQM +10.3%, better
Yield (12M)
QBIG No data
QQQM 0.46%
Holdings
QBIG 14
QQQM 105
Avg volume (30D)
QBIG 4.47K sh
QQQM 3.03M sh, better
NAV per share
QBIG $40.12
QQQM $284.31
52W range

ETF.net Grade

QBIG: Cost 27, Risk 17, Mission 77, Tradability 18, Holdings not scored, Durability 36. QQQM: Cost 74, Risk 51, Mission 100, Tradability 86, Holdings 61, Durability 76.
Pillar letters and Scores for QBIG, QQQM, with each pillar’s weight
PillarQBIGQQQM
Cost30% weightD27A74Higher
Mission25% weightA77A100Higher
Risk15% weightF17C51Higher
Tradability15% weightF18A86Higher
Holdings10% weightNot scoredB61
Durability5% weightD36A76Higher

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. QBIG 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 QBIG 9th 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 8CQQQEDirexion NASDAQ-100 Equal Weighted Index ETFScore 51
  4. Rank 9DQBIGInvesco Top QQQ ETFScore 37
  5. Rank 10DQQQAProShares Nasdaq-100 Dorsey Wright Momentum ETFScore 32

Our read on each fund

ETF.net Research

QBIGDInvesco Top QQQ ETF

QQQMAInvesco NASDAQ 100 ETF

In short

QBIG The Nasdaq-100 with the small fry stripped out: roughly the top 45% by weight (capped at 47%), a short list of mega-caps reset quarterly, so the roster follows whoever is biggest instead of locking in a named Magnificent 7 basket.

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

QBIG The fund seeks long-term capital growth by obtaining exposure to the largest companies in the Nasdaq-100 through the Nasdaq-100 Mega Index, which represents approximately the top 45% by weight. Exposure is obtained through direct equity holdings and total-return swaps.

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

  • QBIG Owns the giants only: approximately the top 45% by weight of the Nasdaq-100, not exceeding 47%, which lands at a handful of mega-cap names rather than all 100.invesco.com
  • Membership is decided by weight and refreshed quarterly, so the lineup moves as mega-cap leadership moves rather than freezing a fixed list of named companies.invesco.com
  • Total-return swaps carry part of the exposure and are designed to reflect the index's quarterly rebalances and annual reweightings without taking custody of each stock.sec.gov
  • 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

  • QBIG Costs 0.29% net of a waiver through August 31, 2027 (0.38% gross), above the category median. QQQM charges 0.15% and QNDX 0.10% for the full Nasdaq-100.
  • Non-diversified by design: with only a handful of positions, one company's rough stretch lands hard, and industry concentration tracks whatever the index concentrates in.sec.gov
  • Swaps add counterparty exposure and can be illiquid, and this is a small, lightly traded fund, so spreads tend to run wider than the big Nasdaq-100 wrappers.sec.gov
  • 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 QBIG profile⁠

Full QQQM profile⁠

QBIG vs QQQM 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.

QBIG vs QQQM Cost

Overpaying QBIG vs QQQM

$2,815

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

  • QBIG 0.29%

    $5,952

  • QQQM 0.15%

    $3,137

$10,000
30 years

Cost over time

  • QBIG 0.29%
  • QQQM 0.15%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530QBIG $5,952QQQM $3,137

Year by year

YearQBIGQQQMOverpaying
10$527$274$253
20$2,044$1,071$973
30$5,952$3,137$2,815

Expense ratio

  • 0.29%QBIG
  • 0.15%QQQM, cheaper
  • Middle half of Nasdaq-100 funds
  • Median 0.20%

QQQM 3rd cheapest of 10 funds

QBIG 8th cheapest of 10 funds

QBIG vs QQQM Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
QBIG No data
QQQM 0.46%
Payout (12M)
QBIG None
QQQM $1.32
Last payment
QBIG No data
QQQM $0.31
Ex-dividend
QBIG No data
QQQM Sep 21, 2026
Paid on
QBIG No data
QQQM Sep 25, 2026
Frequency
QBIG No data
QQQM Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

QBIGAll QBIG payments⁠

No distribution history available.

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

QBIG vs QQQM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
QBIG 24.0%since Jan 2025QQQM 17.8%
Return per unit of riskSharpe ratio, 3 years
QBIG 0.49since Jan 2025QQQM 1.15
Worst fallMax drawdown, 5 years
QBIG −30.3%since Dec 2024QQQM −35.0%
Market sensitivityBeta, 5 years
QBIG 1.71QQQM 1.23

QBIG and QQQM in the news

All news⁠

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