QQQN vs. QQQM

Last updated Jul 21, 2026

QQQN (VictoryShares Nasdaq Next 50 ETF) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - QQQN is a Mid Cap Growth Equities fund tracking the Nasdaq Q-50 Index, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. QQQN charges 0.18%/yr vs 0.15%/yr for QQQM.

Performance

QQQN vs. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares Nasdaq Next 50 ETF (QQQN) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QQQN

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

QQQM

• 1D: 0.09%
• 1M: -5.78%
• 6M: 12.36%
• YTD: 13.60%
• 1Y: 24.66%
• 3Y*: 23.62%
• 5Y*: 14.77%
• 10Y*: —
• ALL TIME*: 16.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

QQQN vs. QQQM - Yearly Performance Comparison

	2026 (YTD)
QQQN VictoryShares Nasdaq Next 50 ETF	0.00%
QQQM Invesco NASDAQ 100 ETF	16.87%

QQQN vs. QQQM - Sectors Allocation Comparison

Sectors	QQQN	QQQM
Technology	47.3%	60.9%
Healthcare	19.9%	3.6%
Consumer Cyclical	13.7%	10.7%
Industrials	8.7%	2.7%
Communication Services	5.5%	13.1%
Basic Materials	1.9%	1.0%
Utilities	1.6%	1.1%
Consumer Defensive	1.4%	6.3%
Energy	-	0.5%
Financial Services	-	0.2%
Real Estate	-	0.1%

Return for Risk

QQQN vs. QQQM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QQQN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QQQM

QQQM Risk / Return Rank: 52
QQQM Sharpe Ratio Rank: 51
QQQM Sortino Ratio Rank: 48
QQQM Omega Ratio Rank: 49
QQQM Calmar Ratio Rank: 54
QQQM Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QQQN vs. QQQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares Nasdaq Next 50 ETF (QQQN) and Invesco NASDAQ 100 ETF (QQQM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QQQN	QQQM	Difference
Sharpe ratio: Return per unit of total volatility	—	1.33	—
Sortino ratio: Return per unit of downside risk	—	1.84	—
Omega ratio: Gain probability vs. loss probability	—	1.24	—
Calmar ratio: Return relative to maximum drawdown	—	2.07	—
Martin ratio: Return relative to average drawdown	—	7.23	—

Drawdowns

QQQN vs. QQQM - Drawdown Comparison

The maximum QQQN drawdown since its inception was 0.00%, smaller than the maximum QQQM drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for QQQN and QQQM.

Drawdown Indicators

	QQQN	QQQM	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-35.04%	+35.04%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.96%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.70%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.04%	—
Current Drawdown Current decline from peak	0.00%	-6.61%	+6.61%
Average Drawdown Average peak-to-trough decline	0.00%	-8.15%	+8.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.42%	—

Volatility

Volatility by Period

	QQQN	QQQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	18.63%	-18.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	22.66%	-22.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	22.30%	-22.30%

QQQN vs. QQQM - Expense Ratio Comparison

QQQN has a 0.18% expense ratio, which is higher than QQQM's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

QQQN vs. QQQM - Dividend Comparison

QQQN has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.46%.

Position	TTM	2025	2024	2023	2022	2021	2020
QQQM Invesco NASDAQ 100 ETF	0.46%	0.50%	0.61%	0.65%	0.83%	0.40%	0.16%
QQQN VictoryShares Nasdaq Next 50 ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, QQQN or QQQM?

On fees, QQQM is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQQN or QQQM?

QQQM is cheaper with a 0.15% expense ratio, compared with 0.18% for QQQN.

Which ETF pays a higher dividend yield, QQQN or QQQM?

QQQM has the higher dividend yield at 0.46%, compared with 0.00% for QQQN.

What is the main difference between QQQN and QQQM?

QQQN is categorized as Mid Cap Growth Equities, while QQQM is Nasdaq-100. QQQN tracks Nasdaq Q-50 Index, while QQQM tracks NASDAQ-100 Index. They also come from different issuers: VictoryShares and Invesco. Their fees differ too: 0.18% for QQQN and 0.15% for QQQM.