Invesco NASDAQ 100 ETF (QQQM) 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 QQQM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QQQM
QQQM charges 0.15% 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% | 150.50M | Jun 2026 | QQQM vs QNDX | |
| iShares Nasdaq 100 ETF | 0.10% | 302.44M | Jul 2026 | QQQM vs IQQ | |
| Invesco QQQ ETF | 0.18% | 452.80B | Mar 1999 | QQQM vs QQQ | |
| iShares Nasdaq-100 ex Top 30 ETF | 0.20% | 28.20M | Oct 2024 | QQQM vs QNXT | |
| iShares Nasdaq Top 30 Stocks ETF | 0.20% | 276.66M | Oct 2024 | QQQM vs QTOP |
Best Risk-Adjusted Alternatives to QQQM
QQQM has a PortfoliosLab risk / return rank of 56. There are 24 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 | 207.95M | Mar 2020 | QQQM vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 97 | 26.30M | Dec 2024 | QQQM vs PQAP | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 96 | 2.87M | Jun 2025 | QQQM vs QB | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 95 | 566.25M | Mar 2021 | QQQM vs QMAR | |
| First Trust Nasdaq BuyWrite Income ETF | 88 | 907.91M | Jan 2014 | QQQM vs FTQI |
Top Performing QQQM Alternatives (YTD)
QQQM is at 18.13% YTD. There are 7 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 49.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 49.72% | 69.09M | May 2021 | QQQM vs QQQA | |
| First Trust NASDAQ-100 Technology Sector Index Fun... | 38.96% | 4.57B | Apr 2006 | QQQM vs QTEC | |
| Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders E... | 28.97% | 20.86M | Aug 2024 | QQQM vs QQQG | |
| iShares Nasdaq Premium Income Active ETF | 21.62% | 16.09M | Dec 2025 | QQQM vs BALQ | |
| Direxion NASDAQ-100 Equal Weighted Index Shares | 19.62% | 1.33B | Mar 2012 | QQQM vs QQQE |
Lowest Volatility Alternatives to QQQM
QQQM has 19.47% 1-year volatility. There are 42 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 4.26%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 4.26% | — | Apr 2024 | QQQM vs QCAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 4.76% | 207.95M | Mar 2020 | QQQM vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 5.46% | 26.30M | Dec 2024 | QQQM vs PQAP | |
| FT Vest Nasdaq-100 Conservative Buffer ETF - July | 6.00% | — | Jul 2024 | QQQM vs QCJL | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | 6.27% | 162.74M | Jun 2024 | QQQM vs QBUF |
Lowest Drawdown Alternatives to QQQM
QQQM has a 1-year max drawdown of -11.96%. There are 37 ETFs in the Nasdaq-100 category with shallower 1-year drawdowns, going as shallow as -2.06%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Nasdaq-100 Power Buffer ETF - April | -2.06% | 207.95M | Mar 2020 | QQQM vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | -2.52% | 26.30M | Dec 2024 | QQQM vs PQAP | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | -2.58% | — | Apr 2024 | QQQM vs QCAP | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | -3.21% | 566.25M | Mar 2021 | QQQM vs QMAR | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | -3.47% | 2.87M | Jun 2025 | QQQM vs QB |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include SPMO, RSP, SOXQ and span 13 categories. AUM among these funds goes as high as $97B.
Often Compared With QQQM
Investors most often compare QQQM with VOO, SCHG, VGT. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare QQQM with Any Fund or Stock
Compare QQQM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QQQM with funds that move differently
Invesco NASDAQ 100 ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QQQM.
Explore QQQM Diversifiers