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 are 2 ETFs in the Nasdaq-100 category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Portfolio Nasdaq 100 ETF | 0.10% | 83.68M | Jun 2026 | QQQ vs QNDX | |
| Invesco NASDAQ 100 ETF | 0.15% | 97.49B | Oct 2020 | QQQ vs QQQM | |
| Invesco ESG NASDAQ 100 ETF | 0.20% | 195.97M | Oct 2021 | QQQ vs QQMG | |
| iShares Nasdaq-100 ex Top 30 ETF | 0.20% | 27.73M | Oct 2024 | QQQ vs QNXT | |
| Invesco QQQ Equal Weight ETF | 0.25% | 20.26M | Mar 2026 | QQQ vs QEW |
Best Risk-Adjusted Alternatives to QQQ
QQQ has a PortfoliosLab risk / return rank of 51. There are 28 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Nasdaq-100 Power Buffer ETF - April | 97 | 208.59M | Mar 2020 | QQQ vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 97 | 25.80M | Dec 2024 | QQQ vs PQAP | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 95 | 560.94M | Mar 2021 | QQQ vs QMAR | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 95 | 2.84M | Jun 2025 | QQQ vs QB | |
| First Trust Nasdaq BuyWrite Income ETF | 91 | 931.89M | Jan 2014 | QQQ vs FTQI |
Top Performing QQQ Alternatives (YTD)
QQQ is at 13.58% YTD. There are 7 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 42.26%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 42.26% | 73.91M | May 2021 | QQQ vs QQQA | |
| First Trust NASDAQ-100 Technology Sector Index Fun... | 30.98% | 4.50B | Apr 2006 | QQQ vs QTEC | |
| Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders E... | 23.81% | 20.86M | Aug 2024 | QQQ vs QQQG | |
| iShares Nasdaq Premium Income Active ETF | 16.41% | 17.35M | Dec 2025 | QQQ vs BALQ | |
| Invesco ESG NASDAQ 100 ETF | 14.50% | 195.97M | Oct 2021 | QQQ vs QQMG |
Lowest Volatility Alternatives to QQQ
QQQ has 18.78% 1-year volatility. There are 41 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 3.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 3.86% | — | Apr 2024 | QQQ vs QCAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 4.51% | 208.59M | Mar 2020 | QQQ vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 5.18% | 25.80M | Dec 2024 | QQQ vs PQAP | |
| FT Vest Nasdaq-100 Conservative Buffer ETF - July | 5.56% | — | Jul 2024 | QQQ vs QCJL | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | 5.62% | 162.79M | Jun 2024 | QQQ vs QBUF |
Lowest Drawdown Alternatives to QQQ
QQQ has a 1-year max drawdown of -11.96%. There are 36 ETFs in the Nasdaq-100 category with shallower 1-year drawdowns, going as shallow as -1.79%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Nasdaq-100 Power Buffer ETF - April | -1.79% | 208.59M | Mar 2020 | QQQ vs NAPR | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | -2.10% | — | Apr 2024 | QQQ vs QCAP | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | -2.15% | 25.80M | Dec 2024 | QQQ vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | -2.31% | 162.79M | Jun 2024 | QQQ vs QBUF | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | -3.21% | 560.94M | Mar 2021 | QQQ vs QMAR |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include SPMO, RSP, SOXQ and span 12 categories. AUM among these funds goes as high as $96B.
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