QQQM vs VOO: Which Should You Buy?
0.03% vs 0.15% fee.
Over the period we can measure, QQQM has returned about 1.6% a year more and overlap about 54% by weight. Pick QQQM for the tighter 103-holding portfolio; pick VOO to own 505 instead. VOO is the cheaper of the two at 0.03% against 0.15%.
This is purely for informational purposes, not investment advice. Always consult a professional before making investment decisions.
QQQM wins if...
You want the tighter portfolio: 103 holdings rather than 505.
VOO wins if...
You want maximum diversification: 505 holdings covering the broader market, tracking the Standard & Poor's 500 Index, at a lower 0.03% fee.
QQQM vs VOO, side by side
The numbers that actually differ are highlighted.
| Metric | QQQMInvesco NASDAQ 100 ETF | VOOVanguard S&P 500 ETF |
|---|---|---|
| Index tracked | — | Standard & Poor's 500 Index |
| Number of holdings | 103 | 505 |
| Expense ratio | 0.15% | 0.03% |
| Dividend yield | 0.44% | 1.05% |
| AUM | $104.85B | $1.80T |
| Top 10 concentration | 47.6% | 37.8% |
| 10-yr total return | 17.0% | 15.4% |
| 5-yr total return | 15.3% | 13.5% |
| Beta (vs S&P 500) | 1.23 | 1.01 |
| Max drawdown (10yr) | -35.0% | -34.0% |
| Market-cap coverage | Large cap | Large cap |
| Inception | 2020 | 2010 |
— means the figure is not reported for that fund.
QQQM holds 103 positions. VOO holds 505, a broader slice of the same market.
How much do QQQM and VOO overlap?
The single most decision-relevant fact, and the one most comparisons skip.
- Shared
- 54.2%
- VOO-only
- 45.9%
~54% identical by weight
86 weighted positions appear in both funds, and by weight about 54% of the two portfolios is the same exposure. Where a stock sits in both, the shared share is whichever weight is smaller. That is the part of a dollar that behaves identically in either fund.
The difference is VOO's remaining 402 positions, which QQQM does not hold at all. They are smaller by weight, which is why the two track each other closely and drift apart only at the margins.
Growth of $10,000: QQQM vs VOO
Growth of $10,000
5 years
Which should you choose?
- You want concentrated exposure: 103 holdings, not 505
- You want the wider net: 505 holdings against 103
- You want to track the Standard & Poor's 500 Index
- You want the lower fee: 0.03% against 0.15%
- You want the higher yield: 1.05% against 0.44%
Compare and track all ETFs in your sheet
Type =WISE("QQQM","dividend yield","ttm") or =WISEFUNDS("QQQM","expense ratio") in Excel or Google Sheets and the fund's data lands in your sheet, ready to be refreshed when you want.
Get The Add-in - FreeQQQM vs VOO frequently asked questions
QQQM has the stronger record, by about 1.6% a year and they overlap roughly 54% by weight. Compare the fee and the holdings count below and pick the one that matches how broad you want the exposure to be.
QQQM holds 103 positions. VOO holds 505, a broader slice of the same market.
Yes, by about 54% by weight. 86 weighted positions appear in both funds. Because the largest positions dominate both portfolios, the two behave similarly day to day.
Yes. At about 54% overlap the two hold substantially different positions, so holding both does broaden the exposure.