QQQ vs QQQM: fund overlap

ETF comparisons  /  QQQ vs QQQM

US large-cap growth comparison · QQQ 2026-03-31 · QQQM 2026-02-28

QQQ vs QQQM

Invesco QQQ Trust, Series 1 compared with Invesco NASDAQ 100 ETF

These funds provide similar company exposure.QQQ has 0 companies outside the overlap; QQQM has 3.
QQQUS large-cap growth

Invesco QQQ Trust, Series 1

102holdings
0.18%annual fee
USmarket
Valuation97 companies covered
24.6×P / E96% by weight
7.03×P / B83% by weight
4.1%Earnings yieldinverse of P / E
QQQ holdings and fund profile
QQQMUS large-cap growth

Invesco NASDAQ 100 ETF

105holdings
0.15%annual fee
USmarket
Valuation97 companies covered
25.8×P / E95% by weight
7.37×P / B82% by weight
3.9%Earnings yieldinverse of P / E
QQQM holdings and fund profile

Largest shared positions

100 companies held in both funds

QQQ weight QQQM weight
Shared companyQQQ QQQM
NVIDIA CORP NVDA
8.69%
8.33%
Apple Inc AAPL
7.64%
7.55%
ALPHABET INC GOOGL 2 share classes
6.63%
6.77%
↳ ALPHABET INC-CL A GOOGL3.43%3.51%
↳ ALPHABET INC-CL C GOOG3.20%3.26%
Microsoft Corp MSFT
5.64%
5.65%
AMAZON.COM INC AMZN
4.59%
4.34%
TESLA INC TSLA
3.81%
3.89%
META PLATFORMS INC-CLASS A META
3.46%
3.68%
WALMART INC. WMT
3.44%
3.34%
BROADCOM INC AVGO
3.01%
2.92%
Costco Wholesale Corp COST
2.50%
2.39%
NETFLIX INC NFLX
2.30%
2.18%
Micron Technology Inc MU
2.15%
2.48%
ADVANCED MICRO DEVICES AMD
1.88%
1.74%
CISCO SYSTEMS, INC. CSCO
1.74%
1.68%
PALANTIR TECHNOLOGIES INC-A PLTR
1.90%
1.67%
Applied Materials Inc AMAT
1.54%
1.58%
LAM RESEARCH CORPORATION LRCX
1.51%
1.57%
T-MOBILE US, INC. TMUS
1.31%
1.30%
Linde PLC LIN
1.30%
1.27%
Pepsico, Inc. PEP
1.20%
1.24%
Intel Corp INTC
1.25%
1.16%
Amgen Inc AMGN
1.07%
1.12%
KLA Corp KLAC
1.09%
1.07%
Texas Instruments Inc TXN
1.00%
1.03%
Gilead Sciences Inc GILD
0.98%
0.99%

QQQ and QQQM questions

Based on the holdings compared above

How much do QQQ and QQQM overlap?

QQQ and QQQM overlap by 97.4% by weight, across 100 shared companies.

Which companies do QQQ and QQQM both hold?

The largest companies held in both funds are NVIDIA CORP, Apple Inc, ALPHABET INC, Microsoft Corp, AMAZON.COM INC.

Can I hold both QQQ and QQQM?

Holding both means 97.4% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.

Is QQQ or QQQM cheaper?

QQQ has a 0.18% expense ratio and QQQM has 0.15%.

How do QQQ and QQQM compare on valuation?

QQQ has a weighted P/E of 24.6 and QQQM has a weighted P/E of 25.8.

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