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QNDX vs QQQ

State Street SPDR Portfolio Nasdaq 100 ETF

QNDXANasdaq

Invesco QQQ Trust, Series 1

QQQANasdaq

Overlap

99.8%by weight

Expense ratio

QNDX −0.08pt a year

QNDX0.10%QQQ0.18%

Avg volume · 30D

QQQ 71.3×the volume

QNDX541KQQQ38.6M

QNDX vs QQQ Performance

Jul 16, 2026 – Oct 16, 2026

+0.7%QNDX+0.6%QQQ

Jul 16, 2026 to Oct 16, 2026. QNDX +0.7%. QQQ +0.6%. Use the arrow keys to read each point.−5%−2.5%2.5%5%7.5%Jul 2026Aug 2026Oct 2026
Expense ratio
QNDX 0.10%, better
QQQ 0.18%
Fund size
QNDX $528M
QQQ $492B
1Y total return
QNDX No data
QQQ +18.9%
Yield (12M)
QNDX No data
QQQ 0.44%
Holdings
QNDX 104
QQQ 105
Avg volume (30D)
QNDX 541K sh
QQQ 38.6M sh, better
NAV per share
QNDX $24.66
QQQ $728.54
52W range

ETF.net Grade

QNDX: Cost 93, Risk 53, Mission not scored, Tradability 56, Holdings 61, Durability 46. QQQ: Cost 64, Risk 51, Mission 100, Tradability 95, Holdings 61, Durability 81.
Pillar letters and Scores for QNDX, QQQ, with each pillar’s weight
PillarQNDXQQQ
Cost30% weightA93HigherB64
Mission25% weightNot scoredA100
Risk15% weightC53HigherC51
Tradability15% weightB56A95Higher
Holdings10% weightB61B61
Durability5% weightC46A81Higher

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. QNDX and QQQ 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 ›

QQQ ranks 2nd and QNDX 3rd 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

Our read on each fund

ETF.net Research

QNDXAState Street SPDR Portfolio Nasdaq 100 ETF

QQQAInvesco QQQ Trust, Series 1

In short

QNDX No read

QQQ The 1999 original. QQQ tracks the Nasdaq-100, roughly 100 of the largest non-financial companies listed on the Nasdaq, and has become one of the most heavily traded funds on the market.

Stated mandate

QNDX No read

QQQ The trust is designed to match the pre-expense investment performance of the Nasdaq-100 Index.

Why people hold it

QNDX No read

  • QQQ Launched in 1999, it is one of the longest-running ETFs in the US and one of the most actively traded, which usually means tight spreads and easy fills at size.
  • The mandate is simple: match the Nasdaq-100 before expenses. Tracking has stayed about as close to the index as this structure allows.
  • At 0.18%, the fee sits below the typical Nasdaq-100 tracker, and the fund is one of the largest ETFs in existence.
  • The index screens out financial companies, so you own Nasdaq-listed tech, consumer and healthcare heavyweights rather than a broad slice of the market.nasdaq.com

Worth knowing

QNDX No read

  • QQQ Invesco's own QQQM follows the same index for 0.15%. QQQ's edge is trading depth, not price.
  • About 100 market-cap-weighted names with no financials: the biggest few carry a lot of the index, and sector swings land harder than in a total-market fund.nasdaq.com
  • Income is a side effect here, not the point. Distributions are paid quarterly and the index leans toward growth companies.nasdaq.com

Full QNDX profile⁠

Full QQQ profile⁠

QNDX vs QQQ Holdings

Overlap

99.8%by weight

Only QNDX
3
of 104
In both
101
holdings
Only QQQ
4
of 105

Holdings side by side

Top 10 holdings by combined weight
HoldingQNDXQQQ
NVDANVIDIA Corp8.07%8.06%
AAPLApple Inc7.69%7.69%
MSFTMicrosoft Corp6.17%6.17%
MUMicron Technology Inc4.48%4.47%
AMZNAmazon.com Inc4.24%4.23%
AMDAdvanced Micro Devices3.90%3.90%
METAMeta Platforms Inc Class A3.38%3.37%
GOOGLAlphabet Inc Class A3.16%3.16%
GOOGAlphabet Inc Class C2.94%2.94%
TSLATesla Inc2.93%2.93%

All 101 QNDX holdings⁠All 102 QQQ holdings⁠

Sectors

QNDXQQQ

  • TechnologyQNDX —QQQ 60.6%
  • CommunicationQNDX —QQQ 11.8%
  • Consumer DiscretionaryQNDX —QQQ 9.9%
  • Consumer StaplesQNDX —QQQ 5.8%
  • IndustrialsQNDX —QQQ 5.6%
  • Health CareQNDX —QQQ 3.7%
  • UtilitiesQNDX —QQQ 1.1%
  • MaterialsQNDX —QQQ 0.9%
  • EnergyQNDX —QQQ 0.5%
  • FinancialsQNDX —QQQ 0.2%

QNDX vs QQQ Cost

Expense ratio

  • 0.10%QNDX, cheaper
  • 0.18%QQQ
  • Middle half of Nasdaq-100 funds
  • Median 0.20%

QNDX cheapest of 10 funds

QQQ 4th cheapest of 10 funds

$1,643less in fees with QNDX over 30 years, on $10,000 invested

$0$1,000$2,000$3,000$4,000$5,000Start10 years20 years30 years

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

QNDX vs QQQ Dividends

Last 12 months to Oct 16, 2026
Yield (12M)
QNDX No data
QQQ 0.44%
Payout (12M)
QNDX No data
QQQ $3.09
Last payment
QNDX $0.03
QQQ $0.75
Ex-dividend
QNDX Sep 21, 2026
QQQ Sep 21, 2026
Paid on
QNDX Sep 23, 2026
QQQ Oct 8, 2026
Frequency
QNDX Irregular
QQQ Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

QNDXIrregular · 1 paymentAll QNDX payments⁠
One bar per payment. 1 payment from 2017 to 2026 YTD. Sep 21, 2026 $0.03. Use the arrow keys to read each point.$0$0.502017202020232026YTD
QQQQuarterly · 40 paymentsAll QQQ payments⁠
One bar per payment. 40 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.27; Jun 16, 2017 $0.38; Sep 18, 2017 $0.32; Dec 18, 2017 $0.33; Mar 19, 2018 $0.28; Jun 18, 2018 $0.38; Sep 24, 2018 $0.33; Dec 24, 2018 $0.42; Mar 18, 2019 $0.32; Jun 24, 2019 $0.42; Sep 23, 2019 $0.38; Dec 23, 2019 $0.46; Mar 23, 2020 $0.36; Jun 22, 2020 $0.42; Sep 21, 2020 $0.39; Dec 21, 2020 $0.56; Mar 22, 2021 $0.39; Jun 21, 2021 $0.40; Sep 20, 2021 $0.41; Dec 20, 2021 $0.49; Mar 21, 2022 $0.43; Jun 21, 2022 $0.53; Sep 19, 2022 $0.52; Dec 19, 2022 $0.66; Mar 20, 2023 $0.47; Jun 20, 2023 $0.50; Sep 18, 2023 $0.54; Dec 18, 2023 $0.81; Dec 27, 2023 $0.22; Mar 18, 2024 $0.57; Jun 24, 2024 $0.76; Sep 23, 2024 $0.68; Dec 23, 2024 $0.83; Mar 24, 2025 $0.72; Jun 23, 2025 $0.59; Sep 22, 2025 $0.69; Dec 22, 2025 $0.79; Mar 23, 2026 $0.73; Jun 22, 2026 $0.81; Sep 21, 2026 $0.75. Use the arrow keys to read each point.$0$0.502017202020232026YTD

QNDX vs QQQ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
QNDX No dataQQQ 17.3%
Return per unit of riskSharpe ratio, 3 years
QNDX No dataQQQ 1.27
Worst fallMax drawdown, 5 years
QNDX No dataQQQ −35.1%
Market sensitivityBeta, 3 years
QNDX 1.73QQQ 1.23

QNDX and QQQ in the news

All news⁠

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