Invesco NASDAQ Future Gen 200 ETF (QQQS) belongs to the Small Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QQQS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QQQS
QQQS charges 0.20% annually. There are 14 ETFs in the Small Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 600 Small Cap ETF | 0.03% | 16.85B | Jul 2013 | QQQS vs SPSM | |
| iShares Morningstar Small-Cap ETF | 0.04% | 282.90M | Jun 2004 | QQQS vs ISCB | |
| Schwab U.S. Small-Cap ETF | 0.04% | 23.26B | Nov 2009 | QQQS vs SCHA | |
| Vanguard Small-Cap ETF | 0.05% | 182.70B | Jan 2004 | QQQS vs VB | |
| iShares Core S&P Small-Cap ETF | 0.06% | 109.39B | May 2000 | QQQS vs IJR |
Best Risk-Adjusted Alternatives to QQQS
QQQS has a PortfoliosLab risk / return rank of 85. There are 4 ETFs in the Small Cap Blend Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Russell 2000 Dynamic Daily Buffer ETF | 96 | — | Jun 2025 | QQQS vs RB | |
| First Trust Small Cap Core AlphaDEX Fund | 90 | 1.36B | May 2007 | QQQS vs FYX | |
| Fidelity Enhanced Small Cap Core ETF | 88 | 5.78B | Dec 2007 | QQQS vs FESM | |
| Hartford Multifactor Small Cap ETF | 87 | 61.26M | Mar 2015 | QQQS vs ROSC | |
| Avantis US Small Cap Equity ETF | 84 | 2.96B | Jan 2022 | QQQS vs AVSC |
Top Performing QQQS Alternatives (YTD)
QQQS is at 28.18% YTD. There is 1 ETF in the Small Cap Blend Equities category with a higher YTD return, going as high as 53.33%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily Small Cap Bull 3X Shares | 53.33% | 1.43B | Nov 2008 | QQQS vs TNA | |
| Inspire Small/Mid Cap Impact ETF | 27.99% | 329.18M | Feb 2017 | QQQS vs ISMD | |
| Allspring SMID Core ETF | 25.79% | 78.82M | Jul 2025 | QQQS vs ASCE | |
| JPMorgan Fundamental Data Science Small Core ETF | 25.57% | 9.08M | Aug 2024 | QQQS vs SCDS | |
| Fidelity Enhanced Small Cap Core ETF | 25.36% | 5.78B | Dec 2007 | QQQS vs FESM |
Lowest Volatility Alternatives to QQQS
QQQS has 27.25% 1-year volatility. There are 68 ETFs in the Small Cap Blend Equities category with lower 1-year volatility, going as low as 6.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Russell 2000 Dynamic Daily Buffer ETF | 6.58% | — | Jun 2025 | QQQS vs RB | |
| First Trust Horizon Managed Volatility Small/Mid E... | 10.56% | 34.63M | Apr 2020 | QQQS vs HSMV | |
| Global X Russell 2000 Covered Call ETF | 10.68% | 1.36B | Apr 2019 | QQQS vs RYLD | |
| CresAlta Small & Mid-Cap ETF | 11.19% | 88.99M | May 2026 | QQQS vs CVSM | |
| OShares U.S. Small-Cap Quality Dividend ETF | 13.08% | 873.92M | Dec 2016 | QQQS vs OUSM |
Lowest Drawdown Alternatives to QQQS
QQQS has a 1-year max drawdown of -13.63%. There are 58 ETFs in the Small Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -2.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Russell 2000 Dynamic Daily Buffer ETF | -2.09% | — | Jun 2025 | QQQS vs RB | |
| Global X Russell 2000 Covered Call ETF | -6.29% | 1.36B | Apr 2019 | QQQS vs RYLD | |
| Hypatia Women CEO ETF | -6.96% | 5.55M | Jan 2023 | QQQS vs WCEO | |
| 6 Meridian Small Cap Equity ETF | -7.16% | 106.31M | May 2020 | QQQS vs SIXS | |
| VictoryShares US Small Cap High Dividend Volatilit... | -7.18% | 264.62M | Jul 2015 | QQQS vs CSB |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $481B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 58 | 16.13% | 481.14B | Mar 1999 | QQQS vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 62 | 26.03% | 22.01B | Oct 2015 | QQQS vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 59 | 16.16% | 100.59B | Oct 2020 | QQQS vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 58 | 12.75% | 96.24B | Apr 2003 | QQQS vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 92 | 74.43% | 2.58B | Jun 2021 | QQQS vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 40 | 3.75% | 10.85B | May 2005 | QQQS vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 65 | 16.39% | 20.11B | Dec 2005 | QQQS vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 37 | 11.46% | 3.29B | Oct 2012 | QQQS vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 50 | 14.98% | 7.45B | Mar 2005 | QQQS vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 35 | 9.54% | 8.22B | Oct 2005 | QQQS vs PPA |
Often Compared With QQQS
Investors most often compare QQQS with CQQQ, VOO, OMFL. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare QQQS with Any Fund or Stock
Compare QQQS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QQQS with funds that move differently
Invesco NASDAQ Future Gen 200 ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QQQS.
Explore QQQS Diversifiers