QNDX vs QQQM
State Street SPDR Portfolio Nasdaq 100 ETF vs Invesco NASDAQ 100 ETF
Which is better, QNDX or QQQM?
QNDX costs less.
QNDX has a lower expense ratio. QQQM is less concentrated, with 46.8% of the fund in its ten largest positions against 47.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | QNDX | QQQM |
|---|---|---|
| Expense Ratio | 0.10%Best | 0.15% |
| AUM | $526M | $111.6B |
| Dividend Yield | 0.11% | 0.43% |
| Holdings | 104 | 327 |
| YTD Return | +2.84% | +19.32%Best |
| 1Y Return | - | +22.49% |
| 3Y Return (annualized) | - | +26.25% |
| 5Y Return (annualized) | - | +15.50% |
| Top 10 Weight | 47.3% | 46.8%Best |
| Fund Family | State Street Investment Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 24, 2026 | Oct 13, 2020 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
QNDX vs QQQM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
QNDX vs QQQM Performance
State Street SPDR Portfolio Nasdaq 100 ETF (QNDX) is an ETF from State Street Investment Management and Invesco NASDAQ 100 ETF (QQQM) is an ETF from Invesco (US). Year to date, QNDX is up 2.84% versus a gain of 19.32% for QQQM.
Past performance does not guarantee future results.
Fees and Cost Over Time
QNDX charges 0.10% per year while QQQM charges 0.15%. On a $10,000 position that is $10 vs $15 annually, a gap of $5 per year that compounds over a long holding period. On income, QNDX currently yields 0.11% against 0.43% for QQQM.
Holdings Overlap
98.1% of QNDX's money is in holdings QQQM also owns. 98.1% of QQQM's money is in holdings QNDX also owns.
Most of QNDX is already inside QQQM. Owning both mostly buys the same companies twice.
99 positions in common, counted across the 102 positions we hold weights for in QNDX and 102 in QQQM, against full books of 104 and 327.
What only one of them owns
Our book lists 2 positions for QQQM that do not appear in our book for QNDX (1.2% of the fund), and 2 for QNDX that do not appear in QQQM (1.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in QNDX | Weight in QQQM | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.46% | 8.44% | 0.02% |
| AAPLApple, Inc | 7.82% | 7.29% | 0.53% |
| MSFTMicrosoft Corp | 5.90% | 5.75% | 0.15% |
| MUMicron Technology, Inc. | 4.86% | 5.02% | 0.16% |
| AMZNAmazon.Com Inc | 4.42% | 4.06% | 0.36% |
| AMDAdvanced Micro Devices Inc | 3.72% | 4.28% | 0.56% |
| METAMeta Platforms Inc | 3.07% | 3.24% | 0.17% |
| GOOGLAlphabet Inc | 3.16% | 3.02% | 0.14% |
| TSLATesla Inc | 2.92% | 2.91% | 0.01% |
| GOOGAlphabet Inc. C | 2.93% | 2.82% | 0.11% |
98.1% of QNDX is already inside QQQM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QNDX or QQQM?
QNDX has an expense ratio of 0.10% while QQQM charges 0.15%. QNDX is the cheaper option, by $5 a year on a $10,000 investment.
What is the holdings overlap between QNDX and QQQM?
98.1% of QNDX's money is in holdings QQQM also owns. 98.1% of QQQM's is in holdings QNDX also owns. They hold 99 positions in common, counted across the 102 positions we hold weights for in QNDX and 102 in QQQM.
Which pays a higher dividend, QNDX or QQQM?
QNDX yields 0.11% while QQQM yields 0.43%, so QQQM currently pays the higher dividend yield.
Is QQQM better than QNDX?
QNDX has a lower expense ratio. QQQM is less concentrated, with 46.8% of the fund in its ten largest positions against 47.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.