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QQQ vs QQQA

Invesco QQQ Trust, Series 1

QQQANasdaq

ProShares Nasdaq-100 Dorsey Wright Momentum ETF

QQQADNasdaq

Overlap

Expense ratio

QQQ −0.40pt a year

QQQ0.18%QQQA0.58%

Avg volume · 30D

QQQ 900.0×the volume

QQQ37MQQQA41.1K

5Y return · a year

QQQ +6.5pt

QQQ+13.0%QQQA+6.5%

QQQ vs QQQA Performance

Oct 29, 2021 – Oct 30, 2026

+84.2%QQQ+37.3%QQQA

Oct 29, 2021 to Oct 30, 2026. QQQ +84.2%. QQQA +37.3%. Use the arrow keys to read each point.−25%0%100%Oct 2021Apr 2024Oct 2026
Expense ratio
QQQ 0.18%, better
QQQA 0.58%
Fund size
QQQ $464B
QQQA $45M
1Y total return
QQQ +10.3%
QQQA +23.3%, better
Yield (12M)
QQQ 0.45%, better
QQQA 0.03%
Holdings
QQQ 105
QQQA 22
Avg volume (30D)
QQQ 37M sh, better
QQQA 41.1K sh
NAV per share
QQQ $690.49
QQQA $62.41
52W range

ETF.net Grade

QQQ: Cost 64, Risk 51, Mission 100, Tradability 95, Holdings 61, Durability 81. QQQA: Cost 6, Risk 23, Mission 64, Tradability 36, Holdings 37, Durability 46.
Pillar letters and Scores for QQQ, QQQA, with each pillar’s weight
PillarQQQQQQA
Cost30% weightB64HigherF6
Mission25% weightA100HigherB64
Risk15% weightC51HigherF23
Tradability15% weightA95HigherD36
Holdings10% weightB61HigherD37
Durability5% weightA81HigherC46

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. QQQ and QQQA 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 QQQA 10th 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 3AIQQiShares Nasdaq 100 ETFScore 70
  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

QQQAInvesco QQQ Trust, Series 1

QQQADProShares Nasdaq-100 Dorsey Wright Momentum ETF

In short

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.

QQQA Most Nasdaq-100 funds hand you the whole index. QQQA runs Dorsey Wright's relative-strength screen across it and holds the names already leading, a momentum tilt on the Nasdaq's own roster.

Stated mandate

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

QQQA The Fund seeks investment results that, before fees and expenses, track the Nasdaq-100 Dorsey Wright Momentum Index.

Why people hold it

  • 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
  • QQQA It isn't another Nasdaq-100 clone. It tracks the Nasdaq-100 Dorsey Wright Momentum Index, a relative-strength screen that favors the names showing the strongest price trend.proshares.com
  • The factor is on the label, not buried in the fine print: momentum, applied inside one well-defined universe, so you always know what the screen is doing.proshares.com
  • Ordinary plumbing under the strategy: a 1940 Act ETF from ProShares, launched in 2021, paying distributions quarterly.

Worth knowing

  • 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
  • QQQA At 0.58% a year it costs about triple the typical Nasdaq-100 fund; QQQM charges 0.15% and QQQ 0.18%. The screen carries that cost gap.
  • It trades thinly next to the giants of its category, so spreads can be wider and order size matters more.
  • Holding the Nasdaq-100's momentum leaders rather than the full index means stretches where it behaves quite differently from the plain benchmark, in either direction.

Full QQQ profile⁠

Full QQQA profile⁠

QQQ vs QQQA 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.

QQQ vs QQQA Cost

Overpaying QQQA vs QQQ

$7,704

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

  • QQQ 0.18%

    $3,749

  • QQQA 0.58%

    $11,453

$10,000
30 years

Cost over time

  • QQQ 0.18%
  • QQQA 0.58%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530QQQA $11,453QQQ $3,749

Year by year

YearQQQQQQAOverpaying
10$328$1,041$713
20$1,281$3,986$2,705
30$3,749$11,453$7,704

Expense ratio

  • 0.18%QQQ, cheaper
  • 0.58%QQQA
  • Middle half of Nasdaq-100 funds
  • Median 0.20%

QQQ 4th cheapest of 10 funds

QQQA 10th cheapest of 10 funds

QQQ vs QQQA Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
QQQ 0.45%, better
QQQA 0.03%
Payout (12M)
QQQ $3.09
QQQA $0.02
Last payment
QQQ $0.75
QQQA $0.02
Ex-dividend
QQQ Sep 21, 2026
QQQA Jun 24, 2026
Paid on
QQQ Oct 8, 2026
QQQA Jun 30, 2026
Frequency
QQQ Quarterly
QQQA Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

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
QQQAQuarterly · 14 paymentsAll QQQA payments⁠
One bar per payment. 14 payments from 2017 to 2026 YTD. Jun 22, 2021 $0.04; Sep 22, 2021 $0.0081; Jun 22, 2022 $0.01; Sep 21, 2022 $0.02; Dec 22, 2022 $0.05; Mar 22, 2023 $0.03; Sep 20, 2023 $0.10; Mar 20, 2024 $0.02; Jun 26, 2024 $0.0014; Sep 25, 2024 $0.02; Jun 25, 2025 $0.05; Dec 24, 2025 $0.003; Mar 25, 2026 $0.00017; Jun 24, 2026 $0.02. Use the arrow keys to read each point.$0$0.502017202020232026YTD

QQQ vs QQQA Risk

Fall from peak · 5 years

  • QQQ
  • QQQA
Oct 29, 2021 to Oct 30, 2026. Worst fall: QQQA −38.4% · Oct 2022. Use the arrow keys to read each point.−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
QQQ 17.8%, betterQQQA 30.8%
Return per unit of riskSharpe ratio, 3 years
QQQ 1.14, betterQQQA 0.71
Worst fallMax drawdown, 5 years
QQQ −35.1%, betterQQQA −38.4%
Market sensitivityBeta, 5 years
QQQ 1.23QQQA 1.76

QQQ and QQQA in the news

All news⁠

Popular comparisons

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