What is the expense ratio of QQQM vs VGT?

QQQM has an expense ratio of 0.15%, while VGT has an expense ratio of 0.09%.

QQQM vs VGT

Invesco NASDAQ 100 ETF vs Vanguard Information Technology Index Fund ETF Shares

Last updated: 2026-04-15

QQQM Invesco

Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a low expense ratio of 0.15%. The fund offers a modest dividend yield of 0.49%. Launched in 2020, the fund has a 6-year track record.

AUM: $74.7B ER: 0.15% Yield: 0.49% Since: Oct 13, 2020

VGT Vanguard

Vanguard Information Technology Index Fund ETF Shares (VGT) is an exchange-traded fund issued by Vanguard that provides exposure to us sector - technology securities. It charges a low expense ratio of 0.09%. The fund offers a modest dividend yield of 0.40%. Launched in 2004, the fund has a 22-year track record.

AUM: $111.7B ER: 0.09% Yield: 0.40% Since: Jan 26, 2004

Quick Verdict

VGT has a slightly lower expense ratio (0.09% vs 0.15%), saving about $119 per $10,000 over 10 years. Over the past year, VGT has significantly outperformed with a 46.5% return vs 37.2%.

Key Metrics

Metric	QQQM	VGT
Expense Ratio	0.15%	0.09%
Dividend Yield	0.5%	0.4%
Fund Family	Invesco	Vanguard
Category	US Large Cap Growth	US Sector - Technology

Performance Chart

Indexed to 100 at start (5-year comparison)

QQQM +84.4%

VGT +98.9%

Performance Comparison

Period	QQQM	VGT	Difference
1 Month	+4.70%	+6.22%	-1.52%
3 Months	+1.09%	+1.41%	-0.32%
6 Months	+4.09%	+2.38%	+1.71%
YTD	+2.51%	+1.86%	+0.65%
1 Year	+37.23%	+46.45%	-9.22%
3 Years	+97.33%	+101.71%	-4.38%
5 Years	+84.07%	+99.24%	-15.17%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	QQQM Fees	VGT Fees	You Save
$10,000	10 years	$298	$179	$119
$10,000	20 years	$1,278	$771	$507
$10,000	30 years	$4,109	$2,486	$1,624
$50,000	10 years	$1,490	$896	$594
$50,000	30 years	$20,547	$12,428	$8,120
$100,000	30 years	$41,094	$24,855	$16,239

Risk Metrics

Based on 5 years of daily returns

Metric	QQQM	VGT
Annualized Volatility	22.3%	25.1%
Max Drawdown	-35.6%	-35.5%
Sharpe Ratio	0.46	0.50

Dividend Comparison

Metric	QQQM	VGT
Annual Dividend (per share)	$1.27	$3.06
Dividend Yield	0.49%	0.40%
Distribution Frequency	Quarterly	Quarterly

Top Holdings

4 of top 9 holdings overlap (44% overlap in top holdings)

QQQM Top Holdings

Name	Weight
NVIDIA CorporationNVDA	8.85%
Apple Inc.AAPL	7.39%
Microsoft CorporationMSFT	5.32%
Amazon.com, Inc.AMZN	4.94%
Meta Platforms, Inc.META	3.59%
Broadcom Inc.AVGO	3.40%
Tesla, Inc.TSLA	3.36%
Alphabet Inc.GOOG	3.32%
Walmart Inc.WMT	3.30%

VGT Top Holdings

Name	Weight
NVIDIA CorporationNVDA	18.07%
Apple Inc.AAPL	15.84%
Microsoft CorporationMSFT	10.39%
Broadcom Inc.AVGO	4.34%
Micron Technology, Inc.MU	2.37%
Advanced Micro Devices, Inc.AMD	1.65%
Cisco Systems, Inc.CSCO	1.63%
Palantir Technologies Inc.PLTR	1.57%
Applied Materials, Inc.AMAT	1.54%
Lam Research CorporationLRCX	1.53%

Which One Should You Choose?

Choose VGT if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose VGT if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Related Comparisons

AGG vs QQQM AGG vs VGT BND vs QQQM BND vs VGT BNDX vs QQQM BNDX vs VGT DBC vs QQQM EFA vs QQQM