ETF Versus

QQQM vs XLI

Invesco NASDAQ 100 ETF vs State Street Industrial Select Sector SPDR ETF

Last updated: 2026-04-02

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 0.53%. Launched in 2020, the fund has a 6-year track record.

AUM: N/A ER: 0.15% Yield: 0.53% Since: 2020-10-13
XLI State Street

State Street Industrial Select Sector SPDR ETF (XLI) is an exchange-traded fund issued by State Street that provides exposure to us sector - industrials securities. It charges a low expense ratio of 0.09%. The fund offers a moderate dividend yield of 1.25%. Launched in 1998, the fund has a 28-year track record.

AUM: $25.6B ER: 0.09% Yield: 1.25% Since: 1998-12-22

Quick Verdict

XLI has a slightly lower expense ratio (0.09% vs 0.15%), saving about $119 per $10,000 over 10 years. Both funds have delivered similar 1-year returns (22.5% vs 23.4%), tracking closely. Income investors may prefer XLI for its higher yield (1.3% vs 0.5%).

Key Metrics

Metric QQQM XLI
Expense Ratio 0.15% 0.09%
Dividend Yield 0.5% 1.3%
Fund Family Invesco State Street
Category US Large Cap Growth US Sector - Industrials

Performance Chart

Indexed to 100 at start (5-year comparison)

75 99 123 147 171 195 2021-04 2022-06 2023-10 2024-12 2026-04
QQQM +76.4%
XLI +64.2%

Performance Comparison

Period QQQM XLI Difference
1 Month -3.10% -6.38% +3.28%
3 Months -4.91% +3.96% -8.87%
6 Months -4.05% +5.87% -9.92%
YTD -4.91% +3.96% -8.87%
1 Year +22.47% +23.44% -0.97%
3 Years +82.32% +62.04% +20.28%
5 Years +76.37% +64.24% +12.13%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period QQQM Fees XLI 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 XLI
Annualized Volatility 22.2% 17.2%
Max Drawdown -35.6% -22.7%
Sharpe Ratio 0.42 0.40

Dividend Comparison

Metric QQQM XLI
Annual Dividend (per share) $1.27 $2.05
Dividend Yield 0.53% 1.25%
Distribution Frequency Quarterly Quarterly

Top Holdings

XLI Top Holdings

NameWeight
General Electric Co680.74%
Caterpillar Inc561.69%
RTX Corp515.19%
GE Vernova Inc371.52%
Boeing Co/The356.20%
Uber Technologies Inc355.71%
Union Pacific Corp287.47%
Honeywell International Inc259.50%
Eaton Corp PLC259.19%
Deere & Co245.23%

Which One Should You Choose?

Choose XLI if...

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

Choose XLI if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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