Invesco QQQ ETF (QQQ) belongs to the Nasdaq-100 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QQQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QQQ
QQQ charges 0.18% annually. There is 1 ETF in the Nasdaq-100 category with a lower expense ratio, going as low as 0.15%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco NASDAQ 100 ETF | 0.15% | 93.63B | Oct 2020 | QQQ vs QQQM | |
| iShares Nasdaq-100 ex Top 30 ETF | 0.20% | 18.49M | Oct 2024 | QQQ vs QNXT | |
| Invesco ESG NASDAQ 100 ETF | 0.20% | 202.82M | Oct 2021 | QQQ vs QQMG | |
| Invesco QQQ Equal Weight ETF | 0.25% | 14.39M | Mar 2026 | QQQ vs QEW | |
| Goldman Sachs Nasdaq-100 Core Premium Income ETF | 0.29% | 4.66B | Oct 2023 | QQQ vs GPIQ |
Best Risk-Adjusted Alternatives to QQQ
QQQ has a PortfoliosLab risk / return rank of 67. There are 25 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM Nasdaq-100 Buffer 12 ETF - April | 98 | 7.34M | Dec 2024 | QQQ vs PQAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 98 | 212.42M | Mar 2020 | QQQ vs NAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 96 | 550.59M | Mar 2021 | QQQ vs QMAR | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 95 | — | Apr 2024 | QQQ vs QCAP | |
| PGIM Laddered Nasdaq-100 Buffer 12 ETF | 90 | 15.14M | Dec 2024 | QQQ vs PBQQ |
Top Performing QQQ Alternatives (YTD)
QQQ is at 15.37% YTD. There are 6 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 52.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 52.99% | 52.67M | May 2021 | QQQ vs QQQA | |
| First Trust NASDAQ-100 Technology Sector Index Fun... | 33.33% | 3.45B | Apr 2006 | QQQ vs QTEC | |
| Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders E... | 24.75% | 14.94M | Aug 2024 | QQQ vs QQQG | |
| iShares Nasdaq Premium Income Active ETF | 17.15% | 14.27M | Dec 2025 | QQQ vs BALQ | |
| Invesco ESG NASDAQ 100 ETF | 15.90% | 202.82M | Oct 2021 | QQQ vs QQMG |
Lowest Volatility Alternatives to QQQ
QQQ has 16.76% 1-year volatility. There are 39 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 3.07%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 3.07% | — | Apr 2024 | QQQ vs QCAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 4.07% | 212.42M | Mar 2020 | QQQ vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 4.69% | 7.34M | Dec 2024 | QQQ vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | 5.27% | 157.75M | Jun 2024 | QQQ vs QBUF | |
| Global X NASDAQ 100 Risk Managed Income ETF | 5.86% | 15.73M | Aug 2021 | QQQ vs QRMI |
Lowest Drawdown Alternatives to QQQ
QQQ has a 1-year max drawdown of -11.96%. There are 33 ETFs in the Nasdaq-100 category with shallower 1-year drawdowns, going as shallow as -1.28%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Nasdaq-100 Power Buffer ETF - April | -1.28% | 212.42M | Mar 2020 | QQQ vs NAPR | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | -1.48% | — | Apr 2024 | QQQ vs QCAP | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | -1.52% | 7.34M | Dec 2024 | QQQ vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | -2.31% | 157.75M | Jun 2024 | QQQ vs QBUF | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | -3.21% | 550.59M | Mar 2021 | QQQ vs QMAR |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include SPMO, RSP, XLG and span 11 categories. AUM among these funds goes as high as $89B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 71 | 23.98% | 19.38B | Oct 2015 | QQQ vs SPMO | |
| Invesco S&P 500 Equal Weight ETF | S&P 500 | 55 | 9.67% | 89.48B | Apr 2003 | QQQ vs RSP | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 52 | 4.28% | 10.75B | May 2005 | QQQ vs XLG | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 95 | 78.84% | 2.36B | Jun 2021 | QQQ vs SOXQ | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 58 | 14.44% | 18.74B | Dec 2005 | QQQ vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 32 | 7.51% | 3.28B | Oct 2012 | QQQ vs SPHD | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 42 | 9.68% | 8.15B | Oct 2005 | QQQ vs PPA | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 66 | 19.62% | 7.38B | Mar 2005 | QQQ vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 37 | 4.77% | 3.69B | Feb 2012 | QQQ vs IDMO | |
| Invesco S&P 500 Low Volatility ETF | S&P 500, Large Cap Blend Equities | 15 | 4.06% | 6.94B | May 2011 | QQQ vs SPLV |
Often Compared With QQQ
Investors most often compare QQQ with SPY, VOO, VGT. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare QQQ with Any Fund or Stock
Compare QQQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QQQ with funds that move differently
Invesco QQQ ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QQQ.
Explore QQQ Diversifiers