Compare funds
QQQ, QQQM
These funds track the same index (Nasdaq-100). They hold near-identical portfolios, so their returns will be close to indistinguishable over time. Cost and liquidity are what actually differ.
What the fee difference costs
$100
The gap between the cheapest and most expensive fund here is 0.050 percentage points. On a $10,000 balance held for 20 years, that compounds to roughly this much, before any difference in returns.
| Measure | QQQ Invesco QQQ Trust | QQQM Invesco NASDAQ 100 ETF |
|---|---|---|
| Category | Large Growth | Large Growth |
| Issuer | Invesco | Invesco |
| Expense ratio | 0.200% | 0.150% |
| Fee cost on $10,000 over 20y | $392 | $296 |
| Assets* | $299.1B | $42.2B |
| Yield* | 0.63% | 0.64% |
| 3Y return* | 21.0% | 21.1% |
| 5Y return* | 18.0% | n/a |
| Inception | 1999-03-10 | 2020-10-13 |
* from the 2025-05-25 snapshot and not current. Expense ratios are issuer-published and were verified on 2026-07-21; funds showing n/a have not been verified rather than being free. This page is for comparison and is not investment advice.