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. No ETFs in the Nasdaq-100 category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.18%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.18% | 493.17B | Mar 1999 | QQQM vs QQQ | |
| Invesco ESG NASDAQ 100 ETF | 0.20% | 217.98M | Oct 2021 | QQQM vs QQMG | |
| iShares Nasdaq-100 ex Top 30 ETF | 0.20% | 20.89M | Oct 2024 | QQQM vs QNXT | |
| Invesco QQQ Equal Weight ETF | 0.25% | 24.12M | Mar 2026 | QQQM vs QEW | |
| Goldman Sachs Nasdaq-100 Core Premium Income ETF | 0.29% | 4.55B | Oct 2023 | QQQM vs GPIQ |
Best Risk-Adjusted Alternatives to QQQM
QQQM has a PortfoliosLab risk / return rank of 60. There are 25 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM Nasdaq-100 Buffer 12 ETF - April | 97 | 7.34M | Dec 2024 | QQQM vs PQAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 97 | 213.26M | Mar 2020 | QQQM vs NAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 95 | 563.55M | Mar 2021 | QQQM vs QMAR | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 91 | — | Apr 2024 | QQQM vs QCAP | |
| PGIM Laddered Nasdaq-100 Buffer 12 ETF | 88 | 15.14M | Dec 2024 | QQQM vs PBQQ |
Top Performing QQQM Alternatives (YTD)
QQQM is at 16.48% YTD. There are 5 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 64.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 64.24% | 78.15M | May 2021 | QQQM vs QQQA | |
| First Trust NASDAQ-100 Technology Sector Index Fun... | 38.99% | 4.61B | Apr 2006 | QQQM vs QTEC | |
| Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders E... | 31.01% | 16.30M | Aug 2024 | QQQM vs QQQG | |
| iShares Nasdaq Premium Income Active ETF | 18.59% | 16.20M | Dec 2025 | QQQM vs BALQ | |
| Invesco ESG NASDAQ 100 ETF | 17.04% | 217.98M | Oct 2021 | QQQM vs QQMG |
Lowest Volatility Alternatives to QQQM
QQQM has 17.85% 1-year volatility. There are 38 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 3.63%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 3.63% | — | Apr 2024 | QQQM vs QCAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 4.34% | 213.26M | Mar 2020 | QQQM vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 4.99% | 7.34M | Dec 2024 | QQQM vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | 5.25% | 158.27M | Jun 2024 | QQQM vs QBUF | |
| FT Vest Nasdaq-100 Conservative Buffer ETF - July | 5.67% | — | Jul 2024 | QQQM vs QCJL |
Lowest Drawdown Alternatives to QQQM
QQQM 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 -1.79%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Nasdaq-100 Power Buffer ETF - April | -1.79% | 213.26M | Mar 2020 | QQQM vs NAPR | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | -2.10% | — | Apr 2024 | QQQM vs QCAP | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | -2.15% | 7.34M | Dec 2024 | QQQM vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | -2.31% | 158.27M | Jun 2024 | QQQM vs QBUF | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | -3.21% | 563.55M | Mar 2021 | QQQM 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 $93B.
Often Compared With QQQM
Investors most often compare QQQM with SCHG, VOO, VGT. These 20 comparison targets span 10 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